Penguin Solutions appoints David Heard (Nokia exec) to board of directors

Penguin Solutions, Inc.

David Heard, President of Network Infrastructure at Nokia, appointed to board, effective May 18, 2026.
Board size increased to eight members; Heard named Class I director with term through 2029 annual meeting.
Heard granted 4,485 RSUs vesting over ~1.5 years under standard independent director compensation.
Heard brings experience scaling optical networking and AI infrastructure; previously CEO of Infinera.
No material relationships requiring disclosure; Board determined Heard independent per Nasdaq rules.

item 5.02 item 7.01 item 9.01

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Appointed

David Heard

Director

PENG · Penguin Solutions, Inc.

Effective: 2026-05-18
Filed: May 18, 2026, 4:24 PM ET

On May 18, 2026, the board of directors (the “Board”) of Penguin Solutions, Inc. (the “Company”) increased the authorized size of the Board to eight members, and upon the recommendation of the Nominating and Corporate Governance Committee of the Board, appointed David Heard to the Board and as a member of the Compensation Committee of the Board, effective immediately.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

David Heard was appointed as Director at Penguin Solutions, Inc..

Action: appointed
Role: Director

Exact text from the filing

On May 18, 2026, the board of directors (the “Board”) of Penguin Solutions, Inc. (the “Company”) increased the authorized size of the Board to eight members, and upon the recommendation of the Nominating and Corporate Governance Committee of the Board, appointed David Heard to the Board and as a member of the Compensation Committee of the Board, effective immediately.

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Penguin Solutions, Inc. filing history →

Source: SEC EDGAR

accession 0001616533-26-000036

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