---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-258106"
form_type: "8-K"
ticker: "AMBA"
cik: "0001280263"
company_name: "AMBARELLA INC"
filed_at: "2023-10-18T23:59:59+00:00"
generated_at: "2026-06-09T21:43:27.446585+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Ambarella CFO Brian White to retire; John Young named successor effective Feb 1, 2024

## Summary
- CFO Brian White to retire at end of FY2024 (Jan 31, 2024); VP Finance John Young to succeed as CFO.
- Separation agreement: White receives $630K lump sum (or 110% RSUs), plus RSU vesting acceleration through Jan 2025.
- Young's employment terms: $300K base salary, 70% bonus target, and 30,000 RSUs vesting quarterly over four years.
- Company reaffirms Q3 FY2024 guidance: revenue ~$50M (±4%), non-GAAP gross margin 62-64%, opex $46-49M.
- Young previously served as VP Finance since 2019 and Corporate Controller since 2017; holds MS in accountancy.

## SEC filing metadata
- accession: 0001193125-23-258106
- form_type: 8-K
- ticker: AMBA
- cik: 0001280263
- company_name: AMBARELLA INC
- filed_at: 2023-10-18T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1280263/000119312523258106/0001193125-23-258106-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1280263/000119312523258106/d565819d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-258106
- JSON: https://secwatch.observer/filing/0001193125-23-258106.json
- Plain text: https://secwatch.observer/filing/0001193125-23-258106.txt

## Key facts
- Executive change
  Brian White departed as Chief Financial Officer at AMBARELLA INC.
  - Action: retire
  - Role: Chief Financial Officer
  source text: Brian White, Chief Financial Officer of the Company, will retire at the end of the current fiscal year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1280263/000119312523258106/0001193125-23-258106-index.htm
- Executive change
  John Young was appointed as Chief Financial Officer at AMBARELLA INC.
  - Action: appointed
  - Role: Chief Financial Officer
  source text: John Young, the Company's current Vice President of Finance, has been elected to succeed Mr. White as Chief Financial Officer effective as of February 1, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1280263/000119312523258106/0001193125-23-258106-index.htm

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