Comtech appoints Kenneth H. Traub as Executive Chairman; Quinlan steps down as Board Chair

COMTECH TELECOMMUNICATIONS CORP /DE/

Kenneth H. Traub appointed Executive Chairman effective Nov 26, 2024; he will serve as senior executive leading the company.
Mark Quinlan stepped down as Chairman but remains on Board; Bruce Crawford elected Lead Independent Director.
Traub receives $900K base salary, target bonus of 100% of base, max 200%, plus RSUs ($400K/yr) and performance shares ($800K/yr).
CEO John Ratigan will report directly to Traub; both to collaborate on company's strategic direction.
Traub brings over 30 years of leadership experience in turnarounds; holds NACD Directorship Certification.

item 5.02 item 9.01

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Appointed

Kenneth H. Traub

Executive Chairman

CMTL · COMTECH TELECOMMUNICATIONS CORP /DE/

Effective: 2024-11-26
Filed: November 27, 2024, 6:59 PM ET

On November 26, 2024, the Board of Directors (the “Board”) of Comtech Telecommunications Corp. (the “Company”) appointed Mr. Kenneth H. Traub, who currently serves as a director of the Board, as Executive Chairman effective as of November 26, 2024

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Kenneth H. Traub was appointed as Executive Chairman at COMTECH TELECOMMUNICATIONS CORP /DE/.

Action: appointed
Role: Executive Chairman

Exact text from the filing

On November 26, 2024, the Board of Directors (the “Board”) of Comtech Telecommunications Corp. (the “Company”) appointed Mr. Kenneth H. Traub, who currently serves as a director of the Board, as Executive Chairman effective as of November 26, 2024

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Source: SEC EDGAR

accession 0000950142-24-002858

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