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Posted 24 February, 2022

Keysight Technologies, Inc. appointed Satish Dhanasekaran as new CEO

NYSE:KEYS appointed new Chief Executive Officer Satish Dhanasekaran in a 8-K filed on 24 February, 2022.


  (c) On February 22, 2022, the Board appointed Satish Dhanasekaran, age 49, current Chief Operating Officer of the Company as President, Principal Executive Officer and Chief Executive Officer of the Company, effective May 1, 2022.  

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Overview of Keysight Technologies, Inc.
Industrial Goods • Precision Products
Keysight Technologies, Inc. engages in the provision of electronic design and test solutions that are used in the design, development, manufacture, installation, deployment, validation, optimization and secure operation of electronics systems to communications, networking and electronics industries. It operates through the following segments: Communications Solutions Group, and Electronic Industrial Solutions Group. The Communications Solutions Group segment serves customers spanning the worldwide commercial communications end market, which includes internet infrastructure, and the aerospace, defense and government end market. The Electronic Industrial Solutions Group segment offers test and measurement solutions across a broad set of electronic industrial end markets, focusing on high-growth applications in the automotive and energy industry and measurement solutions for semiconductor design and manufacturing, consumer electronics, education, and general electronics manufacturing. The company was founded by William R. Hewlett and David Packard in 1937 and is headquartered in Santa Rosa, CA.
Market Cap
$27.5B
View Company Details
Keysight Technologies, Inc. by TradingView
Relevant filing section
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.


(b) On February 22, 2022, Ron Nersesian notified the Keysight Technologies Inc. (the Company") Board of Directors (the "Board") of his intent to retire as the President, Principal Executive Officer and Chief Executive Officer of the Company effective May 1, 2022. Mr. Nersesian will remain with the Company as the Executive Chairman of the Board.

(c) On February 22, 2022, the Board appointed Satish Dhanasekaran, age 49, current Chief Operating Officer of the Company as President, Principal Executive Officer and Chief Executive Officer of the Company, effective May 1, 2022.

(d) On February 22, 2022, following the recommendation of the Nominating and Corporate Governance Committee, the Board resolved to increase the size of the Board from ten (10) directors to eleven (11) directors and appointed Satish Dhanasekaran as a member of the Board, effective May 1, 2022. Mr. Dhanasekaran will serve as a Class III director with a term expiring at the 2023 Annual Meeting of the Stockholders. 

Mr. Dhanasekaran has served as Senior Vice President and Chief Operating Officer of the Company since October 2020. From July 2017 to October 2020, Mr. Dhanasekaran served as Company Senior Vice President and President of the Communications Solutions Group (CSG). From May 2016 to July 2017, Mr. Dhanasekaran served as Vice President and General Manager, Wireless Devices and Operators business segment and from June 2015 to May 2016 he served as the General Manager of the Mobile Broadband Operation. Prior to that, Mr. Dhanasekaran held a variety of senior customer-facing leadership positions. Mr. Dhanasekaran self-identifies as Asian male.

Mr. Dhanasekaran will receive no additional compensation for his service as an executive director in accordance with the Company's director compensation program. Mr. Dhanasekaran has previously entered into the Company's standard form of change in control agreement and standard form of indemnification agreement. 

There are no arrangements or understandings between Mr. Dhanasekaran and any other person pursuant to which Mr. Dhanasekaran was elected as a director. There are no transactions in which Mr. Dhanasekaran has an interest requiring disclosure under Item 404(a) of Regulation S-K of the Securities Act. 

The Company issued a press release on February 24, 2022, announcing the retirement of Mr. Nersesian, the appointment of Mr. Dhanasekaran as President, Principal Executive Officer and Chief Executive Officer of the Company and the appointment of Mr. Dhanasekaran to the Board. A copy of the press release is attached as Exhibit 99.1 to this report and is incorporated by reference herein.


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