secwatch.observer — SEC 8-K summary
======================================

Issuer:     Credo Technology Group Holding Ltd (CRDO)
CIK:        0001807794
Form:       8-K
Filed at:   2025-03-24T23:59:59+00:00
Accession:  0001628280-25-014501
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Credo Technology board reshuffle: Zinsner resigns, Tan steps down as chairman, Danesh elected
--------------------------------------------------------------------------------

- David Zinsner resigned from board effective March 19, 2025; no disagreement with company.
- Lip-Bu Tan stepped down as chairman but remains board member; William Brennan appointed chairman.
- Fariba Danesh, COO of PsiQuantum, elected as Class II director; also joins Audit and Nominating committees.
- Sylvia Acevedo appointed lead independent director; Brennan receives no additional compensation for chairman role.
- Danesh qualifies as independent under Nasdaq rules; board determined no transactions requiring disclosure.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1807794/000162828025014501/0001628280-25-014501-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1807794/000162828025014501/crdo-20250324.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-014501

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer