---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-178611"
form_type: "8-K"
ticker: "PENG"
cik: "0001616533"
company_name: "Penguin Solutions, Inc."
filed_at: "2023-06-29T23:59:59+00:00"
generated_at: "2026-06-13T14:53:51.307705+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# SMART Global appoints Dave Laurello as President, Intelligent Platform Solutions, succeeding Thierry Pellegrino

## Summary
- David Laurello, formerly Stratus Technologies CEO, named President of IPS business effective June 27, 2023.
- Thierry Pellegrino ceased as SVP and President, IPS on June 27, 2023.
- Laurello joined SGH when it acquired Stratus in August 2022; IPS includes Penguin Solutions and Stratus.
- Laurello brings ~25 years of leadership; previous roles at Lucent, Ascend, Digital Equipment.

## SEC filing metadata
- accession: 0001193125-23-178611
- form_type: 8-K
- ticker: PENG
- cik: 0001616533
- company_name: Penguin Solutions, Inc.
- filed_at: 2023-06-29T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1616533/000119312523178611/0001193125-23-178611-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1616533/000119312523178611/d496681d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-178611
- JSON: https://secwatch.observer/filing/0001193125-23-178611.json
- Plain text: https://secwatch.observer/filing/0001193125-23-178611.txt

## Key facts
- Executive change
  David Laurello was appointed as President, Intelligent Platform Solutions at Penguin Solutions, Inc..
  - Action: appointed
  - Role: President, Intelligent Platform Solutions
  source text: announced the appointment of David Laurello as the Company’s President, Intelligent Platform Solutions.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1616533/000119312523178611/0001193125-23-178611-index.htm
- Executive change
  Thierry Pellegrino departed as Senior Vice President and President, Intelligent Platform Solutions at Penguin Solutions, Inc..
  - Action: ceased serving
  - Role: Senior Vice President and President, Intelligent Platform Solutions
  source text: Mr. Laurello is succeeding Thierry Pellegrino who ceased serving as the Company’s Senior Vice President and President, Intelligent Platform Solutions, effective as of June 27, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1616533/000119312523178611/0001193125-23-178611-index.htm

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