---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-222916"
form_type: "8-K"
ticker: "PENG"
cik: "0001616533"
company_name: "Penguin Solutions, Inc."
filed_at: "2022-08-17T23:59:59+00:00"
generated_at: "2026-06-23T23:08:23.304955+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# SGH LED Solutions President Claude Demby retiring; Joseph Clark named successor

## Summary
- Claude Demby retires as SVP and President of LED Solutions effective Sept 2, 2022.
- Demby to provide consulting services through April 30, 2023; unvested equity continues vesting.
- Joseph Clark, currently VP Global Operations of CreeLED, appointed President of LED Solutions.
- Clark joined SGH in 2021 through CreeLED acquisition; previously held leadership roles at Cree, Inc.

## SEC filing metadata
- accession: 0001193125-22-222916
- form_type: 8-K
- ticker: PENG
- cik: 0001616533
- company_name: Penguin Solutions, Inc.
- filed_at: 2022-08-17T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1616533/000119312522222916/0001193125-22-222916-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1616533/000119312522222916/d396797d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-222916
- JSON: https://secwatch.observer/filing/0001193125-22-222916.json
- Plain text: https://secwatch.observer/filing/0001193125-22-222916.txt

## Key facts
- Executive change
  Claude Demby retired as Senior Vice President and President of LED Solutions at Penguin Solutions, Inc..
  - Action: retired
  - Role: Senior Vice President and President of LED Solutions
  source text: Claude Demby will retire as Senior Vice President and President of the LED Solutions business of SMART Global Holdings, Inc.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1616533/000119312522222916/0001193125-22-222916-index.htm

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