secwatch.observer — SEC 8-K summary
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Issuer:     Credo Technology Group Holding Ltd (CRDO)
CIK:        0001807794
Form:       8-K
Filed at:   2024-04-02T23:59:59+00:00
Accession:  0001628280-24-014410
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Credo Technology appoints Clyde Hosein to board of directors effective April 3, 2024
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- Board size increased from 8 to 9; Hosein appointed as Class III director with term expiring at 2024 annual meeting.
- Hosein determined independent; appointed to audit committee.
- Compensation: $50k annual cash retainer, plus $10k for audit committee; initial equity award $350k vesting over 3 years.
- Hosein has over 25 years CFO experience; most recently CFO of AliveCor; also serves on boards of Dentsply Sirona and Wolfspeed.
- No family relationships or transactions requiring disclosure.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1807794/000162828024014410/0001628280-24-014410-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1807794/000162828024014410/crdo-20240401.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-014410

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