---
schema_version: "secwatch.filing_event.v1"
accession: "0000877212-22-000130"
form_type: "8-K"
ticker: "ZBRA"
cik: "0000877212"
company_name: "ZEBRA TECHNOLOGIES CORP"
filed_at: "2022-12-08T23:59:59+00:00"
generated_at: "2026-06-21T07:53:02.317320+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Zebra Technologies names Bill Burns CEO effective March 1, 2023; Anders Gustafsson becomes Executive Chair

## Summary
- Bill Burns, Chief Product & Solutions Officer, appointed CEO and director effective March 1, 2023.
- Anders Gustafsson steps down as CEO after 15 years, becomes Executive Chair of the Board on same date.
- Michael Smith, current Board Chair, becomes Lead Independent Director upon transition.
- Burns' compensation: $1M base salary, 135% target bonus, $10M equity grant (RSUs and performance shares).
- Company reaffirms previously announced Q4 and FY 2022 financial outlook; no change to guidance.

## SEC filing metadata
- accession: 0000877212-22-000130
- form_type: 8-K
- ticker: ZBRA
- cik: 0000877212
- company_name: ZEBRA TECHNOLOGIES CORP
- filed_at: 2022-12-08T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 5.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/877212/000087721222000130/0000877212-22-000130-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/877212/000087721222000130/zbra-20221205.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000877212-22-000130
- JSON: https://secwatch.observer/filing/0000877212-22-000130.json
- Plain text: https://secwatch.observer/filing/0000877212-22-000130.txt

## Key facts
- Executive change
  Anders Gustafsson changed role as Executive Chair of the Board at ZEBRA TECHNOLOGIES CORP.
  - Action: stepped down as CEO and assumed Executive Chair
  - Role: Executive Chair of the Board
  source text: Anders Gustafsson, who will step down as Chief Executive Officer of the Company and will assume the position of Executive Chair of the Board as of the Effective Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/877212/000087721222000130/0000877212-22-000130-index.htm
- Executive change
  William Burns was appointed as Chief Executive Officer at ZEBRA TECHNOLOGIES CORP.
  - Action: appointed
  - Role: Chief Executive Officer
  source text: appointed William Burns, currently the Company’s Chief Product and Solutions Officer, as Chief Executive Officer of the Company and a director of the Company, effective March 1, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/877212/000087721222000130/0000877212-22-000130-index.htm
- Governance Changes
  ZEBRA TECHNOLOGIES CORP: Amended and restated by-laws to allow the Board to appoint a chair who may be the chief executive officer, an executive officer, or a non-employee director (effective 2022-12-03).
  - Change: bylaw amendment
  - Effective: 2022-12-03
  source text: On December 3, 2022, in connection with the appointment of Mr. Gustafsson as Executive Chair effective March 1, 2023, the Company’s Board adopted amended and restated by-laws (the “ Amended and Restated By-Laws ”), effective immediately. The amendments revised Section 5.1 of the Amended and Restated By-Laws to allow the Board to appoint a chair who may be the chief executive officer of the corporation, an executive officer of the corporation or a non-employee director.
  evidence_url: https://www.sec.gov/Archives/edgar/data/877212/000087721222000130/0000877212-22-000130-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.