leadership
confidence high
sentiment neutral
materiality 0.50
Arista appoints Todd Nightingale as President and COO effective July 1, 2025
Arista Networks, Inc.
- Nightingale, former CEO of Fastly and ex-Cisco EVP, will receive $350K base salary.
- Equity grant includes RSUs valued at $30M and PSUs valued at $2M, subject to board approval.
- RSUs vest 25% after 1 year then quarterly over ~4 years; PSUs tied to three 6-month performance periods.
- Severance provides 12 months base salary and 12-month equity acceleration for non-Cause/Good Reason termination.
item 5.02item 9.01