---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-227504"
form_type: "8-K"
ticker: "PENG"
cik: "0001616533"
company_name: "Penguin Solutions, Inc."
filed_at: "2022-08-23T23:59:59+00:00"
generated_at: "2026-06-23T22:00:39.980573+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# SGH appoints AMD CTO Mark Papermaster as independent board member

## Summary
- Mark Papermaster joined SGH board effective August 22, 2022.
- Papermaster is CTO and EVP of Technology and Engineering at AMD (Nasdaq: AMD).
- He brings over 35 years of experience including leadership at Cisco, Apple, and IBM.
- He will receive standard director compensation of $60,000 annually plus RSU grants.
- He also entered into SGH's standard indemnification agreement.

## SEC filing metadata
- accession: 0001193125-22-227504
- form_type: 8-K
- ticker: PENG
- cik: 0001616533
- company_name: Penguin Solutions, Inc.
- filed_at: 2022-08-23T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1616533/000119312522227504/0001193125-22-227504-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1616533/000119312522227504/d372618d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-227504
- JSON: https://secwatch.observer/filing/0001193125-22-227504.json
- Plain text: https://secwatch.observer/filing/0001193125-22-227504.txt

## Key facts
- Executive change
  Mark Papermaster was appointed as Director at Penguin Solutions, Inc..
  - Action: appointed
  - Role: Director
  source text: On August 22, 2022, the Board of Directors (the “Board”) of SMART Global Holdings, Inc., a Cayman Islands exempted company (the “Company”), appointed Mark Papermaster to the Board, effective August 22, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1616533/000119312522227504/0001193125-22-227504-index.htm

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