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Penguin Solutions (PENG) investor relations material
Penguin Solutions Proxy Filing summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Annual meeting scheduled for February 6, 2026, via live webcast, with updated proxy materials reflecting recent management changes.
Mark Adams retired and resigned as CEO, President, and Class I Director effective February 1, 2026; his resignation was not due to any disagreement with the company.
Kash Shaikh appointed as CEO, President, and Class III Director effective February 2, 2026, bringing extensive executive experience from the tech sector.
Voting matters and shareholder proposals
Only one nominee, Mark Papermaster, is now standing for election as Class I director for a term ending at the 2029 annual meeting.
Votes for Mark Adams as director will be disregarded; all other proxy instructions remain valid.
Board recommends voting “FOR” Mark Papermaster’s election.
Board of directors and corporate governance
Board composition updated due to Mark Adams’ resignation and Kash Shaikh’s appointment as Class III director.
Nominating and Corporate Governance Committee recommended Shaikh’s appointment.
No family relationships or material related party transactions involving Shaikh.
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