Inseego appoints Juho Sarvikas (ex-Qualcomm) as CEO and Brian Miller to board

INSEEGO CORP.

Juho Sarvikas, former Qualcomm North America President, appointed CEO effective Jan 6, 2025; base salary $500k and 75% target bonus.
Brian Miller, CIO of North Sound Partners (19.9% stockholder and 53% of senior secured notes), appointed to board.
Board expanded from four to six members; Sarvikas and Miller fill vacancies.
Inducement awards to Sarvikas: 855k options ($10.72-$25.72), 124,347 time-based RSUs, 167,910 PSUs.
No change to Q4 2024 financial guidance; Q4 results expected mid-February 2025.

item 5.02 item 7.01 item 9.01

Executive movements

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Appointed

Juho Sarvikas

member of the Board

INSG · INSEEGO CORP.

Effective: 2025-01-06
Filed: January 6, 2025, 6:59 PM ET

Mr. Sarvikas was also appointed as a member of the Board.

Appointed

Juho Sarvikas

Chief Executive Officer

INSG · INSEEGO CORP.

Effective: 2025-01-06
Filed: January 6, 2025, 6:59 PM ET

The board of directors (the "Board) of Inseego Corp. ("Inseego" or the "Company") has appointed Juho Sarvikas as Chief Executive Officer of the Company, effective January 6, 2025.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.9

Juho Sarvikas was appointed as member of the Board at INSEEGO CORP..

Action: appointed
Role: member of the Board

Exact text from the filing

Mr. Sarvikas was also appointed as a member of the Board.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Juho Sarvikas was appointed as Chief Executive Officer at INSEEGO CORP..

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

The board of directors (the "Board) of Inseego Corp. ("Inseego" or the "Company") has appointed Juho Sarvikas as Chief Executive Officer of the Company, effective January 6, 2025.

View on SEC.gov

INSEEGO CORP. filing history →

Source: SEC EDGAR

accession 0001683168-25-000095

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