SGH CFO Ken Rizvi to resign June 30; COO Jack Pacheco named interim CFO

Penguin Solutions, Inc.

Ken Rizvi resigns as CFO effective June 30, 2024 to pursue another opportunity; no dispute with company.
Jack Pacheco, current COO and former CFO, becomes interim CFO; no new compensatory arrangements.
SGH reaffirms Q3 FY2024 financial guidance provided on April 9, 2024; no change to outlook.
CEO Mark Adams thanked Rizvi; search for permanent CFO is underway.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed (interim)

Jack Pacheco

Interim Chief Financial Officer

PENG · Penguin Solutions, Inc.

Effective: 2024-06-30
Filed: May 14, 2024, 7:59 PM ET

Effective upon Mr. Rizvi’s departure, Jack Pacheco, the Company’s former CFO and current chief operating officer and president of Memory Solutions, will assume the role of interim CFO and serve as the Company’s principal financial and accounting officer on an interim basis until the Company appoints a permanent successor.

Departed (interim)

Ken Rizvi

Senior Vice President and Chief Financial Officer

PENG · Penguin Solutions, Inc.

Effective: 2024-06-30
Successor: Jack Pacheco
Filed: May 14, 2024, 7:59 PM ET

On May 8, 2024, Ken Rizvi notified SMART Global Holdings, Inc. (the “Company”) that after over three years as the Company’s senior vice president and chief financial officer (“CFO”), he intends to resign to pursue another opportunity.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Jack Pacheco was appointed as Interim Chief Financial Officer at Penguin Solutions, Inc..

Action: appointed
Role: Interim Chief Financial Officer

Exact text from the filing

Effective upon Mr. Rizvi’s departure, Jack Pacheco, the Company’s former CFO and current chief operating officer and president of Memory Solutions, will assume the role of interim CFO and serve as the Company’s principal financial and accounting officer on an interim basis until the Company appoints a permanent successor.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Ken Rizvi resigned as Senior Vice President and Chief Financial Officer at Penguin Solutions, Inc..

Action: resigned
Role: Senior Vice President and Chief Financial Officer

Exact text from the filing

On May 8, 2024, Ken Rizvi notified SMART Global Holdings, Inc. (the “Company”) that after over three years as the Company’s senior vice president and chief financial officer (“CFO”), he intends to resign to pursue another opportunity.

View on SEC.gov

Penguin Solutions, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-24-138236

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