Posted 13 June, 2022
OneSpan Inc. appointed new CEO
CEO Change detected for ticker Nasdaq:OSPN in a 8-K filed on 13 June, 2022.
Effective immediately following the conclusion of the 2022 Annual Meeting held on June 8, 2022, the board of directors of the Company (the "Board") increased the size of the Board to eight and appointed Matt Moynahan, the Company's President and Chief Executive Officer, to the Board.
Don't how to trade CEO change? Read Reasons for CEO Turnover and Effect on Stock Performance.
Overview of OneSpan Inc.
Technology • Software
OneSpan, Inc. engages in the design, development, and marketing of security solutions for identity, security, and business productivity that protect and facilitate transactions online, via mobile devices, and in-person. It operates through the Digital Agreements and Security Solutions segments. The Digital Agreements segment consists of solutions that enable the company's clients to secure and automate business processes associated with their digital agreement and customer transaction lifecycles that require consent, non-repudiation, and compliance. The Security Solutions segment refers to the portfolio of software products and software development kits that are used to build applications designed to defend against attacks on digital transactions across online environments, devices, and applications. The company was founded by T. Kendall Hunt in 1991 and is headquartered in Boston, MA.Market Cap
$382M
View Company Details
$382M
Relevant filing section
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Effective immediately following the conclusion of the 2022 Annual Meeting held on June 8, 2022, the board of directors of the Company (the "Board") increased the size of the Board to eight and appointed Matt Moynahan, the Company's President and Chief Executive Officer, to the Board. As an employee of the Company, Mr. Moynahan is not entitled to receive any additional compensation for his service as a director of the Company. There is no arrangement or understanding between Mr. Moynahan and any other person pursuant to which Mr. Moynahan was appointed as a director of the Company. Mr. Moynahan has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K. 2
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