8-KLeadership ChangesExhibits & Filings

Autodesk, Inc. 8-K Report, Executive Changes (Aug 23, 2022)

Filed August 23, 2022For Securities:ADSK

Summary

Autodesk, Inc. (ADSK) announced a significant addition to its Board of Directors with the appointment of Rami Rahim, the current CEO of Juniper Networks, Inc. This appointment, effective August 22, 2022, expands the Board to eleven members and fills a newly created vacancy. Mr. Rahim brings extensive leadership experience, having served in various executive roles at Juniper Networks since 1997, including his tenure as CEO since 2014. His expertise in technology and executive leadership is expected to be a valuable asset to Autodesk's strategic direction and governance. In addition to joining the Board, Mr. Rahim has been appointed to the Compensation Committee, a key committee overseeing executive remuneration and incentive plans. The filing also notes a shift in committee assignments for existing director Blake Irving, who will move from the Compensation Committee to the Corporate Governance and Nominating Committee. These changes underscore Autodesk's ongoing efforts to strengthen its board's expertise and governance structure, particularly as it navigates the evolving technology landscape.

Key Highlights

  • 1Autodesk appointed Rami Rahim, CEO of Juniper Networks, to its Board of Directors, effective August 22, 2022.
  • 2The appointment of Mr. Rahim expands the Board to eleven members, filling a newly created vacancy.
  • 3Mr. Rahim brings significant leadership experience as CEO of Juniper Networks and a long tenure with the company.
  • 4Mr. Rahim has also been appointed as a member of the Compensation Committee.
  • 5Director Blake Irving will move from the Compensation Committee to the Corporate Governance and Nominating Committee.
  • 6Compensation for Mr. Rahim as a non-employee director will follow the Company's established Director Compensation Policy and a Director RSU award agreement.
  • 7There are no disclosed arrangements or understandings, family relationships, or reportable transactions (Item 404(a)) concerning Mr. Rahim's appointment.

Frequently Asked Questions

Rami Rahim is the current Chief Executive Officer (CEO) of Juniper Networks, Inc., a position he has held since November 2014. He joined Juniper Networks in 1997 and has held various leadership roles within the company, including Executive Vice President and General Manager of Juniper Development and Innovation. His appointment to Autodesk's Board brings extensive executive leadership and technology industry experience.

Autodesk appointed Rami Rahim to its Board of Directors to bring his significant experience in technology and executive leadership to the company's governance. His appointment, along with his addition to the Compensation Committee, is intended to strengthen the Board's expertise and oversight capabilities.

As a non-employee director, Mr. Rahim will be compensated in accordance with Autodesk's Director Compensation Policy and a Director Restricted Stock Unit (RSU) award agreement. These compensation arrangements are based on the Company's existing practices for non-employee directors.

The filing states that there are no arrangements or understandings between Mr. Rahim and any other persons pursuant to which he was named a director. He has no family relationships with any current directors or officers, and he is not a party to any transactions requiring disclosure under Item 404(a) of Regulation S-K. He will also execute the Company's standard form of indemnification agreement.