VeriSign Inc.
02/15/2024 | Press release | Distributed by Public on 02/15/2024 15:35
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 February 12, 2024, Todd B. Strubbe, President and Chief Operating Officer of VeriSign, Inc. (the "Company"), informed the Company's Board of Directors (the "Board") of his intention to retire, effective April 5, 2024.The Board expressed its sincere appreciation to Mr. Strubbe for his nine years of service to the Company and especially for his dedicated and mission-focused leadership. The Board noted that Mr. Strubbe made significant contributions in support of the Company's mission and wished him well in his retirement. Mr. Strubbe has served as the Company's Chief Operating Officer since April 2015 and President since February 2020. The Board has elected D. James Bidzos, the Company's Chief Executive Officer and Executive Chairman, to resume the office of President, which he previously held from August 2011 to February 2020, effective upon the date of Mr. Strubbe's retirement. The Company anticipates Mr. Strubbe will serve as an advisor following his retirement.