Posted 13 September, 2023
DZS INC. appointed new CEO
CEO Change detected for ticker Nasdaq:DZSI in a 8-K filed on 13 September, 2023.
In connection with the entry into the Loan Agreement, Mr. Min Woo Nam, the Chairman of the Board of Directors (the "Board") of the Company and the Chief Executive Officer of DNI, resigned from the Board effective as of September 15, 2023.
Don't how to trade CEO change? Read Reasons for CEO Turnover and Effect on Stock Performance.
Overview of DZS INC.
Technology • Networking
DZS, Inc. engages in the provision of packet-based mobile transport and broadband access solutions. It includes the research, development, test, sale, manufacture, and support of communications equipment in the following areas: broadband access, Ethernet switching, mobile front haul and back haul, passive optical LAN, and software defined networks (SDN) and network function virtualization (NFV) solutions. The company was founded in June 1999 and is headquartered in Plano, TX.Market Cap
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Relevant filing section
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. In connection with the entry into the Loan Agreement, Mr. Min Woo Nam, the Chairman of the Board of Directors (the "Board") of the Company and the Chief Executive Officer of DNI, resigned from the Board effective as of September 15, 2023. Mr. Nam's resignation from the Board was not the result of any disagreement with the Company on any matter relating to the Company's operations, policies or practices.
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