ADTRAN Holdings CFO Michael Foliano to retire; Ulrich Dopfer appointed as new CFO effective May 1, 2023

ADTRAN Holdings, Inc.

Michael Foliano to retire as CFO effective June 28, 2023; will serve until April 30, 2023.
Ulrich Dopfer, currently CFO of ADVA (majority-owned subsidiary), appointed CFO effective May 1, 2023.
Dopfer's base salary set at $300,000; bonus and equity subject to ADVA compensation system pending shareholder approval.
Dopfer holds assumed options to purchase ADTN shares converted from ADVA options in July 2022 exchange offer.
No family relationships or related party transactions with Dopfer.

item 5.02 item 9.01

Executive movements

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Departed

Michael Foliano

Senior Vice President of Finance and Chief Financial Officer

ADTN · ADTRAN Holdings, Inc.

Effective: 2023-04-30
Successor: Ulrich Dopfer
Filed: March 30, 2023, 7:59 PM ET

On March 27, 2023, Michael Foliano, Senior Vice President of Finance and Chief Financial Officer of ADTRAN Holdings, Inc. (the “Company”), notified the Company of his intent to retire from the Company, effective June 28, 2023

Appointed

Ulrich Dopfer

Chief Financial Officer

ADTN · ADTRAN Holdings, Inc.

Effective: 2023-05-01
Filed: March 30, 2023, 7:59 PM ET

on March 27, 2023, the Board of Directors of the Company appointed Ulrich Dopfer as Chief Financial Officer of the Company, effective May 1, 2023

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Michael Foliano retired as Senior Vice President of Finance and Chief Financial Officer at ADTRAN Holdings, Inc..

Action: retired
Role: Senior Vice President of Finance and Chief Financial Officer

Exact text from the filing

On March 27, 2023, Michael Foliano, Senior Vice President of Finance and Chief Financial Officer of ADTRAN Holdings, Inc. (the “Company”), notified the Company of his intent to retire from the Company, effective June 28, 2023

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Ulrich Dopfer was appointed as Chief Financial Officer at ADTRAN Holdings, Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

on March 27, 2023, the Board of Directors of the Company appointed Ulrich Dopfer as Chief Financial Officer of the Company, effective May 1, 2023

View on SEC.gov

ADTRAN Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-23-085151

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