secwatch.observer — SEC 8-K summary
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Issuer:     COMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL)
CIK:        0000023197
Form:       8-K
Filed at:   2022-08-10T23:59:59+00:00
Accession:  0001104659-22-088314
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Comtech appoints Ken Peterman as President and CEO, replacing Michael Porcelain effective immediately
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- Michael Porcelain separated as President and CEO; will receive $3,431,552 cash severance and accelerated equity vesting.
- Ken Peterman appointed President and CEO effective August 10, 2022; remains Chairman of the Board.
- Board reduced to eight members, will further reduce to seven before next annual meeting expected December 2022.
- Company reiterates fiscal Q4 and full-year 2022 financial guidance provided June 9, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/23197/000110465922088314/0001104659-22-088314-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/23197/000110465922088314/tm2223043d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-088314

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer