Aviat Networks appoints David Gray as CFO, Eric Chang resigns

AVIAT NETWORKS, INC.

Eric Chang resigned as CFO effective Oct 18, 2021; will remain in advisory capacity.
David Gray appointed SVP and CFO; previously CFO of Superior Essex ($2.6B manufacturer).
Gray's compensation: $340k base salary, 50% target bonus, $200k restricted stock (3-yr vest), $100k sign-on bonus.
Severance: 12 months base salary, COBRA, prorated bonus; change-in-control triggers accelerated equity vesting.
Press release affirms guidance issued August 25, 2021; no changes.

item 5.02 item 8.01 item 9.01

Executive movements

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Departed

Eric Chang

Chief Financial Officer

AVNW · AVIAT NETWORKS, INC.

Effective: 2021-10-18
Successor: David Gray
Filed: October 18, 2021, 7:59 PM ET

Departure of Chief Financial Officer and Principal Accounting Officer

Appointed

David Gray

Senior Vice President and Chief Financial Officer

AVNW · AVIAT NETWORKS, INC.

Effective: 2021-10-18
Filed: October 18, 2021, 7:59 PM ET

On October 18, 2021, Aviat Networks, Inc. (the “Company”) announced the appointment of David Gray as the Company’s Senior Vice President and Chief Financial Officer.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.85

Eric Chang resigned as Chief Financial Officer at AVIAT NETWORKS, INC..

Action: resigned
Role: Chief Financial Officer

Exact text from the filing

Departure of Chief Financial Officer and Principal Accounting Officer

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

David Gray was appointed as Senior Vice President and Chief Financial Officer at AVIAT NETWORKS, INC..

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

Exact text from the filing

On October 18, 2021, Aviat Networks, Inc. (the “Company”) announced the appointment of David Gray as the Company’s Senior Vice President and Chief Financial Officer.

View on SEC.gov

AVIAT NETWORKS, INC. filing history →

Source: SEC EDGAR

accession 0001377789-21-000075

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