VIAVI CFO Henk Derksen resigns; Pam Avent named interim CFO effective Oct 1

VIAVI SOLUTIONS INC.

Henk Derksen resigns as CFO effective Aug 25, 2023, to return to Europe; departs Sept 30, 2023, with no dispute.
Board appoints Global Controller Pam Avent as interim CFO effective Oct 1, 2023, with $15k/month additional pay.
Avent's VPP target increased to 50% of base salary for interim period; $70k bonus upon permanent CFO hire.
Avent also receives $50k cash bonus in Nov 2024 and $50k in Nov 2025, subject to continued service.
Company has initiated a formal search for a permanent CFO successor.

item 5.02 item 7.01 item 9.01

Executive movements

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Appointed (interim)

Pam Avent

Interim Chief Financial Officer

VIAV · VIAVI SOLUTIONS INC.

Effective: 2023-10-01
Filed: August 30, 2023, 7:59 PM ET

On August 29, 2023, the Board appointed Pam Avent, currently VIAVI’s Global Controller, to serve as its interim CFO, effective October 1, 2023,

Departed

Henk Derksen

Chief Financial Officer

VIAV · VIAVI SOLUTIONS INC.

Effective: 2023-09-30
Successor: Pam Avent
Filed: August 30, 2023, 7:59 PM ET

On August 25, 2023, Henk Derksen informed the board of directors (the “Board”) of Viavi Solutions, Inc. (“VIAVI” or the “Company”) of his desire to resign as VIAVI’s Chief Financial Officer (“CFO”) to return to Europe to pursue a new opportunity.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Pam Avent was appointed as Interim Chief Financial Officer at VIAVI SOLUTIONS INC..

Action: appointed
Role: Interim Chief Financial Officer

Exact text from the filing

On August 29, 2023, the Board appointed Pam Avent, currently VIAVI’s Global Controller, to serve as its interim CFO, effective October 1, 2023,

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Henk Derksen resigned as Chief Financial Officer at VIAVI SOLUTIONS INC..

Action: resigned
Role: Chief Financial Officer

Exact text from the filing

On August 25, 2023, Henk Derksen informed the board of directors (the “Board”) of Viavi Solutions, Inc. (“VIAVI” or the “Company”) of his desire to resign as VIAVI’s Chief Financial Officer (“CFO”) to return to Europe to pursue a new opportunity.

View on SEC.gov

VIAVI SOLUTIONS INC. filing history →

Source: SEC EDGAR

accession 0000912093-23-000040

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