leadership
confidence high
sentiment neutral
materiality 0.35
VeriSign appoints Iridium CEO Matthew J. Desch to board effective Oct 6, 2025
VERISIGN INC/CA
- Matthew J. Desch joined VeriSign board on Oct 6, 2025, increasing board size from seven to eight.
- Desch has been CEO of Iridium Communications Inc. since 2009; no arrangement led to his appointment.
- Non-employee director compensation: $50k annual cash retainer plus $250k annual RSU grant, prorated.
- Company will enter standard indemnity agreement covering liabilities from director service.
- No transactions under Item 404(a) involving Desch or his related interests were disclosed.
item 5.02