secwatch.observer — SEC 8-K summary
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Issuer:     Penguin Solutions, Inc. (PENG)
CIK:        0001616533
Form:       8-K
Filed at:   2024-05-14T23:59:59+00:00
Accession:  0001193125-24-138236
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1616533/000119312524138236/0001193125-24-138236-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1616533/000119312524138236/d839358d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-138236

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