---
schema_version: "secwatch.filing_event.v1"
accession: "0001377789-24-000024"
form_type: "8-K"
ticker: "AVNW"
cik: "0001377789"
company_name: "AVIAT NETWORKS, INC."
filed_at: "2024-05-28T23:59:59+00:00"
generated_at: "2026-06-01T07:56:01.508316+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001377789-24-000024
- form_type: 8-K
- ticker: AVNW
- cik: 0001377789
- company_name: AVIAT NETWORKS, INC.
- filed_at: 2024-05-28T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1377789/000137778924000024/0001377789-24-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1377789/000137778924000024/avnw-20240528.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001377789-24-000024
- JSON: https://secwatch.observer/filing/0001377789-24-000024.json
- Plain text: https://secwatch.observer/filing/0001377789-24-000024.txt

## Key facts
- Executive change
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1377789/000137778924000024/0001377789-24-000024-index.htm

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