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Posted 20 May, 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 20 May, 2022.


  (b) On February 22, 2022, the Keysight Technologies, Inc. (the "Company") Board of Directors (the "Board") appointed Satish Dhanasekaran as the Company's President, Principal Executive Officer and Chief Executive Officer of the Company ("CEO"), 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, the Keysight Technologies, Inc. (the "Company") Board of Directors (the "Board") appointed Satish Dhanasekaran as the Company's President, Principal Executive Officer and Chief Executive Officer of the Company ("CEO"), effective May 1, 2022.


On May 18, 2022, the Compensation and Human Capital Committee of the Board (the "Committee") approved compensation for Mr. Dhanasekaran as President and CEO. Effective May 1, 2022, his annual base salary is $850,000. The Committee also increased his target award percentage under the Company's Performance-Based Compensation Plan for Covered Employees to 125% of his annual base salary. In addition, the Committee approved a target grant award of 5,341 performance stock units for the performance period that began on November 1, 2022 and will end on October 31, 2024. The performance stock unit award payout will range between 0% and 200% of target based on the Company's actual performance against the goals established by the Committee for the three-year period ending on October 31, 2024. The Committee further awarded 4,026 shares restricted stock units ("RSUs") which vest in four equal installments beginning on the first anniversary of the grant date. The awards are subject to the standard terms and conditions of the Company's form of equity award grant agreement under the Company's 2014 Equity and Incentive Compensation Program. 


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