Super Micro Computer Inc.
10/15/2026 | Press release | Distributed by Public on 10/15/2026 07:08
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 |
Chief Financial Officer Transition
On October 14, 2026, the Board of Directors of Super Micro Computer, Inc. (the "Company") appointed Mark Long as Chief Financial Officer of the Company, effective immediately, at which time David Weigand ceased serving in that role.
Mr. Long, age 59, has served since 2019 as a principal of Prime Impact Capital, LLC, an early-stage investment and advisory firm. From 2020 to 2023, he also served as Co-Chief Executive Officer and Chief Financial Officer of Prime Impact Acquisition I, a publicly listed special purpose acquisition company focused on technology sector opportunities. Previously, Mr. Long served as Chief Financial Officer of Western Digital Corporation, a publicly listed data storage company, from 2016 to 2019, and as its Chief Strategy Officer from 2015 to 2019. Mr. Long holds a Juris Doctor and a Master of Business Administration from the University of Michigan.
There are no arrangements or understandings between Mr. Long and any other person pursuant to which he was selected as Chief Financial Officer, no family relationships between Mr. Long and any director or executive officer of the Company, and no transactions involving Mr. Long requiring disclosure under Item 404(a) of Regulation S-K.
Employment Arrangement
In connection with his appointment, the Company entered into an employment offer letter with Mr. Long, which provides for an annual base salary of $725,000 and a sign-on bonus of $500,000, subject to prorated repayment if he leaves the Company before completing two years of employment.
Mr. Long will receive a guaranteed annual cash bonus of $500,000, payable monthly or quarterly, and will be eligible for an additional annual performance-based cash bonus ranging from $225,000 to $725,000, with the applicable terms to be determined. He will also be eligible for an annual special bonus in the form of restricted stock units based on Company performance and individual achievement. Mr. Long is expected to receive, subject to approval of the Compensation Committee of the Board, an initial award of 120,000 restricted stock units and an option to purchase 150,000 shares of the Company's common stock, each vesting over a four-year period, subject to continued employment and the terms of the applicable equity plan and award agreements.
Mr. Long's employment is at will, and he will be eligible to participate in the benefit programs generally available to the Company's full-time employees.
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