Aviat Networks appoints Michael Connaway as CFO; David Gray resigns effective May 28, 2024

AVIAT NETWORKS, INC.

David Gray voluntarily resigned as SVP and CFO, effective May 28, 2024; entered separation agreement with one-year salary and COBRA.
Michael Connaway appointed SVP and CFO effective May 28, 2024; base salary $525K, target bonus 80%, LTIP target $1M annually.
Connaway receives one-time $1M restricted stock award with 3-year vesting; signed employment agreement with non-compete through May 28, 2025.
Connaway was previously VP/CFO of Honeywell's Energy & Sustainability Solutions; 20+ years experience at GE and ABB.
Gray will continue as consultant through September 29, 2024 at $5K/month under consulting agreement.

item 5.02 item 8.01 item 9.01

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Appointed

Michael Connaway

Senior Vice President and Chief Financial Officer

AVNW · AVIAT NETWORKS, INC.

Effective: 2024-05-28
Filed: May 28, 2024, 7:59 PM ET

On May 28, 2024, Aviat Networks, Inc. (the “Company”) announced the appointment of Michael Connaway as the Company’s Senior Vice President and Chief Financial Officer.

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Executive change SEC 8-K Item 5.02 confidence 0.95

Michael Connaway 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 May 28, 2024, Aviat Networks, Inc. (the “Company”) announced the appointment of Michael Connaway as the Company’s Senior Vice President and Chief Financial Officer.

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Source: SEC EDGAR

accession 0001377789-24-000024

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