Keysight CEO Ron Nersesian to retire May 1; COO Satish Dhanasekaran appointed as successor

Keysight Technologies, Inc.

Ron Nersesian to retire as President and CEO effective May 1, 2022; will remain Executive Chairman.
Satish Dhanasekaran, current COO, appointed President and CEO effective May 1; also joins Board as Class III director.
Board increased size to 11 directors to accommodate Dhanasekaran's appointment.
Under Nersesian, Keysight achieved 10% revenue CAGR and 18% earnings CAGR since 2014 spinoff.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Ron Nersesian

President, Principal Executive Officer and Chief Executive Officer

KEYS · Keysight Technologies, Inc.

Effective: 2022-05-01
Successor: Satish Dhanasekaran
Filed: February 24, 2022, 6:59 PM ET

Ron Nersesian notified the Keysight Technologies Inc. (the Company”) Board of Directors (the “Board”) of his intent to retire as the President, Principal Executive Officer and Chief Executive Officer of the Company effective May 1, 2022.

Appointed

Satish Dhanasekaran

Class III director

KEYS · Keysight Technologies, Inc.

Effective: 2022-05-01
Filed: February 24, 2022, 6:59 PM ET

the Board resolved to increase the size of the Board from ten (10) directors to eleven (11) directors and appointed Satish Dhanasekaran as a member of the Board, effective May 1, 2022.

Appointed

Satish Dhanasekaran

President, Principal Executive Officer and Chief Executive Officer

KEYS · Keysight Technologies, Inc.

Effective: 2022-05-01
Filed: February 24, 2022, 6:59 PM ET

the Board appointed Satish Dhanasekaran, age 49, current Chief Operating Officer of the Company as President, Principal Executive Officer and Chief Executive Officer of the Company, effective May 1, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Ron Nersesian departed as President, Principal Executive Officer and Chief Executive Officer at Keysight Technologies, Inc..

Action: retire
Role: President, Principal Executive Officer and Chief Executive Officer

Exact text from the filing

Ron Nersesian notified the Keysight Technologies Inc. (the Company”) Board of Directors (the “Board”) of his intent to retire as the President, Principal Executive Officer and Chief Executive Officer of the Company effective May 1, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Satish Dhanasekaran was appointed as Class III director at Keysight Technologies, Inc..

Action: appointed
Role: Class III director

Exact text from the filing

the Board resolved to increase the size of the Board from ten (10) directors to eleven (11) directors and appointed Satish Dhanasekaran as a member of the Board, effective May 1, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Satish Dhanasekaran was appointed as President, Principal Executive Officer and Chief Executive Officer at Keysight Technologies, Inc..

Action: appointed
Role: President, Principal Executive Officer and Chief Executive Officer

Exact text from the filing

the Board appointed Satish Dhanasekaran, age 49, current Chief Operating Officer of the Company as President, Principal Executive Officer and Chief Executive Officer of the Company, effective May 1, 2022.

View on SEC.gov

Keysight Technologies, Inc. filing history →

Source: SEC EDGAR

accession 0001601046-22-000006

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