Summary
Keysight Technologies, Inc. (KEYS) reported a director resignation on July 19, 2018, with Mark B. Templeton stepping down from the Board of Directors. This change was effective immediately and was attributed to Mr. Templeton's need to focus on his role as CEO of DigitalOcean. Importantly, the filing explicitly states that his resignation was not a result of any disagreements with Keysight regarding its operations, policies, or practices. Consequently, the size of the Board of Directors has been reduced from eight to seven members.
Key Highlights
- 1Mark B. Templeton resigned as a director of Keysight Technologies, Inc. effective July 19, 2018.
- 2The resignation was due to Mr. Templeton's commitment to his CEO role at DigitalOcean.
- 3No disagreements between Mr. Templeton and Keysight contributed to his resignation.
- 4The Company's Board of Directors size was reduced from eight to seven members following the resignation.
Frequently Asked Questions
Mark B. Templeton resigned to focus on his duties as Chief Executive Officer of DigitalOcean.
No, the filing explicitly states that his resignation was not due to any disagreements between Mr. Templeton and the Company on any matter relating to the Company’s operations, policies, or practices.
The size of the Company's Board of Directors was reduced from eight directors to seven members, effective immediately upon Mr. Templeton's resignation.