F5 Inc.
07/30/2024 | Press release | Distributed by Public on 07/30/2024 07:17
Management Change/Compensation Form 8 K
| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers |
On July 26, 2024, Frank Pelzer, Executive Vice President and Chief Financial Officer of F5, Inc. (the "Company"), informed the Company of his plans to retire during the Company's first fiscal quarter 2025, which ends December 31, 2024. In the meantime, Mr. Pelzer will continue in his current role at the Company and will assist the Company in the transition to his intended successor, Edward Cooper Werner, the Company's current Senior Vice President of Finance, who is slated to be appointed upon Mr. Pelzer's retirement.
Additional information regarding the chief financial officer change will be provided at the time of transition.
This press release contains forward-looking statements including, among other things, transition of the chief financial officer position (including related retirement and appointment). These, and other statements that are not historical facts, are forward-looking statements. These forward-looking statements are subject to the safe harbor provisions created by the Private Securities Litigation Reform Act of 1995. Actual results could differ materially from those projected in the forward-looking statements as a result of certain risk factors. Such forward-looking statements involve risks and uncertainties, as well as assumptions and other factors that, if they do not fully materialize or prove correct, could cause the actual results, performance, events (including chief financial officer transition) or achievements of the Company to be materially different from any future results, performance, events or achievements expressed or implied by such forward-looking statements. Such factors include, but are not limited to: changes in the details and timing of officer transitions and board actions, F5's ability to attract, train and retain qualified personnel; and other risks and uncertainties described more fully in our documents filed with or furnished to the Securities and Exchange Commission, including our most recent reports on Form 10-K and Form 10-Q and current reports on Form 8-K and other documents that we may file or furnish from time to time, which could cause actual results to vary from expectations. All forward-looking statements in this press release are based on information available as of the date hereof and qualified in their entirety by this cautionary statement. F5 assumes no obligation to revise or update these forward-looking statements.