01—Abstract
Summary
Summary of the 8-K filed October 29, 2025. Cited figures are marked; the original filing is the authoritative source.
Credo Technology Group Holding Ltd (CRDO) announced a change in its Board of Directors through an 8-K filing on October 29, 2025.
Lip-Bu Tan has resigned from the Board, a departure noted to be without disagreement regarding the Company's operations or policies. This vacancy has been filled by the appointment of Brian Kelleher as a Class III director, effective October 27, 2025. Mr. Kelleher brings a wealth of experience to Credo's Board, having served in senior hardware engineering leadership roles at NVIDIA for nearly two decades, including leading GPU product development.
His extensive background in hardware engineering, dating back to founding Dynamic Pictures and his tenure at Digital Equipment Corp., is expected to be valuable to the Company. Mr. Kelleher has been deemed an independent director and will be compensated according to the Company's standard non-employee director compensation policy.
02—Key points
Key Highlights
- Lip-Bu Tan resigned from the Board of Directors on October 23, 2025.
- Mr. Tan's resignation was not due to any disagreement with the Company.
- Brian Kelleher was appointed as a Class III director, effective October 27, 2025, to fill the vacancy.
- Mr. Kelleher brings extensive hardware engineering leadership experience from NVIDIA (2005-2024).
- The Board has determined Mr. Kelleher qualifies as an independent director.
- Mr. Kelleher's appointment is to serve until the annual meeting of stockholders in 2027.
- Mr. Kelleher will be compensated under the Company's standard non-employee director compensation policy.
03—Questions
Frequently Asked Questions
Why did Lip-Bu Tan resign from the board?
The filing states that Mr. Tan's resignation was not due to any disagreement with Credo Technology Group Holding Ltd on any matter relating to the Company's operations, policies, or practices.
Who has been appointed to replace Lip-Bu Tan?
Brian Kelleher has been elected as a Class III director to fill the vacancy left by Mr. Tan's resignation.
What relevant experience does Brian Kelleher bring to the board?
Mr. Kelleher has significant experience in hardware engineering leadership, including serving as Senior Vice President of Hardware Engineering at NVIDIA from 2005 to 2024, where he led GPU product development. He also has prior experience at NVIDIA, 3dfx Interactive Inc., and founded Dynamic Pictures.
Is Brian Kelleher considered an independent director?
Yes, the Board has determined that Mr. Kelleher qualifies as an independent director pursuant to SEC rules and Nasdaq listing standards.
04—Continue