---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-106285"
form_type: "8-K"
ticker: "RBBN"
cik: "0001708055"
company_name: "Ribbon Communications Inc."
filed_at: "2024-10-04T23:59:59+00:00"
generated_at: "2026-05-30T20:22:22.655554+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ribbon Communications names John Townsend as EVP and CFO, effective after Q3 filing

## Summary
- John Townsend appointed EVP, CFO effective upon filing of Q3 10-Q or Nov 1, 2024; Miguel Lopez retiring.
- Townsend previously CFO of Digicel Group and Verizon Business; base salary $500,000, target bonus 75%.
- Sign-on equity grants: $750k time-based RSUs (vest over ~2.5 years) and $750k performance-based PSUs (2025-2027 metrics).
- Also receives $750k share price PSUs based on stock price targets through Oct 2028; $50k relocation bonus.
- Severance: 6-12 months salary plus prorated bonus and equity acceleration on change in control.

## SEC filing metadata
- accession: 0001104659-24-106285
- form_type: 8-K
- ticker: RBBN
- cik: 0001708055
- company_name: Ribbon Communications Inc.
- filed_at: 2024-10-04T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1708055/000110465924106285/0001104659-24-106285-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1708055/000110465924106285/tm2425528d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-106285
- JSON: https://secwatch.observer/filing/0001104659-24-106285.json
- Plain text: https://secwatch.observer/filing/0001104659-24-106285.txt

## Key facts
- Executive change
  John Townsend was appointed as Executive Vice President, Chief Financial Officer at Ribbon Communications Inc..
  - Action: appointed
  - Role: Executive Vice President, Chief Financial Officer
  source text: On October 3, 2024, Ribbon Communications Inc. (the “Company”) announced the appointment of John Townsend as Executive Vice President, Chief Financial Officer of the Company, effective upon the earlier of the filing of the Company’s Form 10-Q for the quarter ended September 30, 2024 and November 1, 2024 (the “Effective Date”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1708055/000110465924106285/0001104659-24-106285-index.htm
- Executive change
  Miguel Lopez departed as Executive Vice President, Chief Financial Officer at Ribbon Communications Inc..
  - Action: retiring
  - Role: Executive Vice President, Chief Financial Officer
  source text: As previously reported, Miguel Lopez, the Company’s current Executive Vice President, Chief Financial Officer, is retiring from the Company following the filing of the Company’s Form 10-Q for the quarter ended September 30, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1708055/000110465924106285/0001104659-24-106285-index.htm

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