secwatch.observer — SEC 8-K summary
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Issuer:     ADVANCED ENERGY INDUSTRIES INC (AEIS)
CIK:        0000927003
Form:       8-K
Filed at:   2022-02-02T23:59:59+00:00
Accession:  0001558370-22-000714
Event type: leadership
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Advanced Energy appoints David Reed to board of directors, expands board to 11 members
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- Board increased from 10 to 11 directors; David Reed elected effective Feb 1, 2022.
- Reed is former EVP global operations at NXP Semiconductors, with 26 years at Texas Instruments.
- Reed appointed to Compensation Committee; will stand for re-election at 2022 annual meeting.
- Reed granted ~$50,000 in restricted stock units vesting April 28, 2022, as compensation.
- Reed is independent under Nasdaq standards; standard indemnification agreement executed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/927003/000155837022000714/0001558370-22-000714-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/927003/000155837022000714/aeis-20220201x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-000714

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