Quantum appoints Ken Gianella as CFO, preliminary Q3 revenue ~$110M above guidance

QUANTUM CORP /DE/

Kenneth Gianella becomes CFO effective Jan 12, 2023; base salary $400K, target bonus 50%, plus 175K RSUs and 75K performance RSUs.
Outgoing CFO J. Michael Dodson transitions to senior advisory role through August 2023.
Preliminary Q3 FY2023 revenue expected ~$110M, exceeding original guidance of $103M ± $3M; earnings at or above guidance.
Gianella previously VP of IR, M&A, and ESG at Itron and interim CFO at Silver Spring Networks.

item 5.02 item 9.01

Executive movements

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Appointed

Kenneth P. Gianella

Chief Financial Officer

QMCO · QUANTUM CORP /DE/

Effective: 2023-01-12
Filed: January 11, 2023, 6:59 PM ET

Kenneth P. Gianella has been appointed Chief Financial Officer of the Company.

Role change

J. Michael Dodson

Chief Financial Officer

QMCO · QUANTUM CORP /DE/

Effective: 2023-01-12
Successor: Kenneth P. Gianella
Filed: January 11, 2023, 6:59 PM ET

J. Michael Dodson, who will be transitioning out of his current role of Chief Financial Officer effective January 12, 2023, and will serve in a senior advisory role until August 2023 pursuant to the terms of the letter agreement dated as of January 9, 2023 (the “Transition Agreement”).

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Kenneth P. Gianella was appointed as Chief Financial Officer at QUANTUM CORP /DE/.

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

Kenneth P. Gianella has been appointed Chief Financial Officer of the Company.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

J. Michael Dodson changed role as Chief Financial Officer at QUANTUM CORP /DE/.

Action: transitioning out
Role: Chief Financial Officer

Exact text from the filing

J. Michael Dodson, who will be transitioning out of his current role of Chief Financial Officer effective January 12, 2023, and will serve in a senior advisory role until August 2023 pursuant to the terms of the letter agreement dated as of January 9, 2023 (the “Transition Agreement”).

View on SEC.gov

QUANTUM CORP /DE/ filing history →

Source: SEC EDGAR

accession 0001193125-23-006495

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