The company said on March 26, 2025 its board increased the number of directors to ten (10) and appointed Scott Angel as a Class II director, effective March 31, 2025.

1. 01

   The company said on March 26, 2025 its board increased the number of directors to ten (10) and appointed Scott Angel as a Class II director, effective March 31, 2025.

2. 02

   The company said Scott Angel's initial term runs until the annual meeting of stockholders held after the fiscal year ending June 30, 2026. It also said he spent over 37 years in audit and assurance at Deloitte, including 25 years as an audit partner in Silicon Valley.

3. 03

   The company said it pays non-employee directors an annual retainer of $60,000 in quarterly cash installments. It said the annual equity grant is worth $255,000, with the initial award made in 100% RSUs and prorated. Directors who serve in a non-chair capacity on the Audit, Compensation, and Nominating and Corporate Governance committees receive additional annual retainers of $15,000, $10,000, and $7,500, respectively.

4. 04

   Supermicro said in a press release dated March 31, 2025 that it appointed Yitai Hu as General Counsel & Senior Vice President, Corporate Development. The company said Hu reports directly to the CEO and that the appointment relates to its work to expand the in-house legal department.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.