Cognyte Software Ltd. Announces Strategic Board Changes in February 2025
Here are the key insights and important information extracted from the financial report (Form 6-K) of Cognyte Software Ltd. for February 2025:
- Company and Filing Details:
- Company Name: Cognyte Software Ltd.
- Filing Type: Form 6-K
- Filing Date: February 18, 2025
- Commission File Number: 001-39829
- Address: 33 Maskit, Herzliya Pituach, 4673333, Israel.
- Board Changes:
- The company announced the appointment of two new board members:
- Mr. Matthew O’Neill:
- Effective from March 1, 2025.
- Formerly served as the Deputy Special Agent in Charge of Cyber Operations at the United States Secret Service until December 2023.
- His expertise includes global cyber investigative strategies and dismantling transnational criminal networks.
- Co-Founder and Partner at 5OH Consulting LLC.
- Ms. Nurit Benjamini:
- Effective from March 31, 2025.
- Current role as Partner and CFO at F2 Venture Capital.
- Over 20 years of experience as a CFO in leading software companies, including CrazyLabs Ltd. and Wix.
- Holds degrees in economics and business, and an MBA in finance.
- Departure from Board:
- Mr. Richard Nottenburg will step down from the Board effective March 31, 2025.
- His resignation aligns with personal goals and is not due to any disagreements regarding the company’s business or operations.
- Purpose of Changes:
- The appointments aim to strengthen the board's expertise and drive growth within the company.
- Additional Information:
- The announcement included a press release, titled “Cognyte Elects Two New Board Members to Strengthen Expertise and Drive Growth,” which is included as Exhibit 99.1 in the filing.
- The information included is incorporated by reference into the company's registration statements on Form S-8.
This report indicates strategic board changes aimed at enhancing governance and expertise within Cognyte Software Ltd., which may have implications for the company's operational direction and growth prospects.
