{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-138236","form_type":"8-K","ticker":"PENG","cik":"0001616533","company_name":"Penguin Solutions, Inc.","filed_at":"2024-05-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.265331+00:00","generated_at":"2026-06-02T00:51:20.044366+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"SGH CFO Ken Rizvi to resign June 30; COO Jack Pacheco named interim CFO","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-138236","json":"https://secwatch.observer/filing/0001193125-24-138236.json","markdown":"https://secwatch.observer/filing/0001193125-24-138236.md","text":"https://secwatch.observer/filing/0001193125-24-138236.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1616533/000119312524138236/0001193125-24-138236-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1616533/000119312524138236/d839358d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T00:51:20.044366+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7b9e126b86","claim":"Jack Pacheco was appointed as Interim Chief Financial Officer at Penguin Solutions, Inc..","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1616533/000119312524138236/0001193125-24-138236-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Interim Chief Financial Officer"}],"fact_type":"executive_change"},{"claim_id":"f700588f2e","claim":"Ken Rizvi resigned as Senior Vice President and Chief Financial Officer at Penguin Solutions, Inc..","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1616533/000119312524138236/0001193125-24-138236-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Senior Vice President and Chief Financial Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}