Astera Labs CFO Michael Tate to retire March 2; Desmond Lynch named new CFO

Astera Labs, Inc.

CFO Michael Tate retires effective March 2, 2026; stays as Strategic Advisor through Sept 1 at 25% salary ($131,250).
Desmond Lynch appointed CFO effective March 2; previously CFO of Rambus (Aug 2022-Feb 2026) and VP Finance at Knowles, Renesas.
Lynch receives $500K base salary, 95% bonus target, $6M RSUs (4-yr vest), $1M supplemental RSU (1-yr), $2M PSU (performance).
Tate gets $1,000 separation lump sum; continues equity vesting during transition; no disagreements with company.
Lynch has no material interest in transactions requiring disclosure under Item 404(a).

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.