VMware appoints board member Karen Dykstra as CFO; Zane Rowe to depart June 9

VMWARE LLC

Karen Dykstra, age 64, VMware board member since 2016, becomes CFO effective June 9, 2023.
Dykstra receives monthly salary of $667,000 and one-time signing bonus of $800,000.
Outgoing CFO Zane Rowe resigns effective June 9; Dykstra will not participate in executive bonus or severance plans.
Dykstra continues as board member; stepped down as Audit and Governance Committee chair.
Company notes pending $61B acquisition by Broadcom, expected in Broadcom FY2023.

item 5.02 item 9.01

Executive movements

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Departed

Zane Rowe

Chief Financial Officer and Executive Vice President

VMWARE LLC

Effective: 2023-06-09
Successor: Karen E. Dykstra
Filed: May 25, 2023, 7:59 PM ET

On May 23, 2023, Zane Rowe resigned from his position as VMware’s CFO and Executive Vice President, effective June 9, 2023.

Appointed

Karen E. Dykstra

Chief Financial Officer

VMWARE LLC

Effective: 2023-06-09
Filed: May 25, 2023, 7:59 PM ET

On May 25, 2023, VMware, Inc. (“VMware” or the “Company”) announced in a press release the appointment of Karen E. Dykstra, age 64, as the Company’s Chief Financial Officer (“CFO”), effective as of June 9, 2023.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Zane Rowe resigned as Chief Financial Officer and Executive Vice President at VMWARE LLC.

Action: resigned
Role: Chief Financial Officer and Executive Vice President

Exact text from the filing

On May 23, 2023, Zane Rowe resigned from his position as VMware’s CFO and Executive Vice President, effective June 9, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Karen E. Dykstra was appointed as Chief Financial Officer at VMWARE LLC.

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

On May 25, 2023, VMware, Inc. (“VMware” or the “Company”) announced in a press release the appointment of Karen E. Dykstra, age 64, as the Company’s Chief Financial Officer (“CFO”), effective as of June 9, 2023.

View on SEC.gov

Source: SEC EDGAR

accession 0001124610-23-000025

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