---
schema_version: "secwatch.filing_event.v1"
accession: "0001262039-24-000045"
form_type: "8-K"
ticker: "FTNT"
cik: "0001262039"
company_name: "Fortinet, Inc."
filed_at: "2024-11-12T23:59:59+00:00"
generated_at: "2026-05-30T01:35:38.839624+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Fortinet appoints Janet Napolitano to Board, effective Nov 7, 2024

## Summary
- Board expanded from 9 to 10; vacancy filled by former DHS Secretary Napolitano.
- Service until 2025 annual meeting; standard non-employee director compensation applies.
- Receives $55,000 annual cash retainer plus pro-rated RSUs based on peer 50th percentile.
- No committee assignments yet; standard indemnification and change of control agreements.

## SEC filing metadata
- accession: 0001262039-24-000045
- form_type: 8-K
- ticker: FTNT
- cik: 0001262039
- company_name: Fortinet, Inc.
- filed_at: 2024-11-12T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1262039/000126203924000045/0001262039-24-000045-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1262039/000126203924000045/ftnt-20241106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001262039-24-000045
- JSON: https://secwatch.observer/filing/0001262039-24-000045.json
- Plain text: https://secwatch.observer/filing/0001262039-24-000045.txt

## Key facts
- Executive change
  Janet Napolitano was appointed as Director at Fortinet, Inc..
  - Action: appointed
  - Role: Director
  source text: On November 6, 2024, the Board of Directors (the “Board”) of Fortinet, Inc. (the “Company”) increased the size of the Board from nine to ten directors and filled the newly created vacancy on the Board by appointing Janet Napolitano to join the Board as a director, in each case, effective November 7, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1262039/000126203924000045/0001262039-24-000045-index.htm

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