secwatch.observer — SEC 8-K summary
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Issuer:     Penguin Solutions, Inc. (PENG)
CIK:        0001616533
Form:       8-K
Filed at:   2023-06-29T23:59:59+00:00
Accession:  0001193125-23-178611
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1616533/000119312523178611/0001193125-23-178611-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1616533/000119312523178611/d496681d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-178611

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer