Summary
NVIDIA Corporation (NVDA) filed an 8-K report on May 20, 2005, announcing a change in its corporate governance structure. The primary event is the election of Mark Perry as a new member of the Board of Directors, effective May 17, 2005. This appointment increases the size of the Board from eight to nine members and fills a newly created vacancy. Mr. Perry will serve as a Class II director, with his term expiring at the 2006 Annual Meeting. The company anticipates discussing committee assignments for Mr. Perry at its upcoming May 26, 2005, board meeting.
Key Highlights
- 1NVIDIA appointed Mark Perry to its Board of Directors, effective May 17, 2005.
- 2The Board size has increased from eight to nine members.
- 3Mr. Perry's appointment fills a vacancy resulting from the Board expansion.
- 4He will serve as a Class II director, with his term concluding at the 2006 Annual Meeting.
- 5Committee assignments for Mr. Perry are expected to be decided at the May 26, 2005, board meeting.
- 6The filing includes a press release detailing Mr. Perry's appointment as Exhibit 99.1.
Frequently Asked Questions
The 8-K filing does not provide details on Mark Perry's professional background or qualifications beyond his election to the board. Investors would need to refer to the attached press release (Exhibit 99.1) for more information.
The filing states that the board size was increased from eight to nine members to accommodate the appointment of Mark Perry, filling a newly created vacancy.
NVIDIA expects to consider Mr. Perry's committee membership at its next regularly scheduled board meeting on May 26, 2005.
Mr. Perry has been appointed as a Class II director, meaning his term is set to expire at NVIDIA's 2006 Annual Meeting.