Summary
This 8-K filing from Hewlett Packard Enterprise (HPE) on June 24, 2019, primarily announces a significant addition to its Board of Directors. George Kurtz, the President, CEO, and co-founder of CrowdStrike, a prominent cloud cybersecurity company, has been appointed to the Board and will also serve on the Technology Committee. This appointment brings valuable expertise in cybersecurity, a critical area for technology companies, to HPE's leadership. Mr. Kurtz will receive compensation in line with existing director compensation arrangements.
Key Highlights
- 1HPE appointed George Kurtz, CEO of CrowdStrike, to its Board of Directors.
- 2Mr. Kurtz has also been appointed to the Board's Technology Committee.
- 3The appointment is effective June 24, 2019.
- 4This move strengthens HPE's board with cybersecurity expertise.
- 5Mr. Kurtz will be compensated according to HPE's standard non-employee director compensation program, on a pro-rata basis initially.
Frequently Asked Questions
George Kurtz is the President, CEO, and co-founder of CrowdStrike, a well-known cloud cybersecurity company. His appointment to HPE's Board of Directors is significant as it brings deep expertise in cybersecurity, a crucial and rapidly evolving field for technology companies like HPE.
Mr. Kurtz has been appointed as a director to the Board of Directors of Hewlett Packard Enterprise. Additionally, he will serve as a member of the Board's Technology Committee, allowing him to contribute to the company's strategic technology decisions.
Mr. Kurtz will receive compensation consistent with HPE's existing non-employee director compensation arrangements. Initially, he will receive pro-rata portions of annual equity and cash retainers for the remainder of the current board year, and thereafter, he will participate fully in the program.