Summary
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.
Key Highlights
- 1Lip-Bu Tan resigned from the Board of Directors on October 23, 2025.
- 2Mr. Tan's resignation was not due to any disagreement with the Company.
- 3Brian Kelleher was appointed as a Class III director, effective October 27, 2025, to fill the vacancy.
- 4Mr. Kelleher brings extensive hardware engineering leadership experience from NVIDIA (2005-2024).
- 5The Board has determined Mr. Kelleher qualifies as an independent director.
- 6Mr. Kelleher's appointment is to serve until the annual meeting of stockholders in 2027.
- 7Mr. Kelleher will be compensated under the Company's standard non-employee director compensation policy.