Summary
Arista Networks, Inc. (ANET) filed an 8-K on March 28, 2022, to report the upcoming departure of a Class II director, Ann Mather. Ms. Mather has decided not to stand for re-election at the Company's 2022 Annual Meeting of Stockholders and will resign from the Board of Directors effective as of that meeting. This departure is attributed to her desire to focus on other professional commitments and is not due to any disagreements with the Company. As a consequence of Ms. Mather's resignation, Arista Networks will reduce the size of its Board of Directors from nine to eight members, effective from the 2022 Annual Meeting. The Company expressed its gratitude to Ms. Mather for her service and contributions.
Key Highlights
- 1Director Ann Mather will not seek re-election at the 2022 Annual Meeting of Stockholders.
- 2Ms. Mather's resignation from the Board of Directors is effective at the conclusion of her current term.
- 3The reason for Ms. Mather's departure is to dedicate more time to other professional commitments.
- 4There are no disagreements between Ms. Mather and Arista Networks regarding the Company's operations, policies, or practices.
- 5The size of the Board of Directors will be reduced from nine to eight members.
- 6The reduction in board size will take effect from the date of the 2022 Annual Meeting of Stockholders.