UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 5, 2021 (March 30, 2021)
SMART GLOBAL HOLDINGS, INC.
(Exact name of Registrant as Specified in Its Charter)
Cayman Islands | 001-38102 | 98-1013909 |
(State or Other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
c/o Maples Corporate Services Limited P.O. Box 309 Ugland House Grand Cayman | KY1-1104 Cayman Islands (Zip Code) | |
(Address of Principal Executive Offices) |
Registrant’s Telephone Number, Including Area Code: (510) 623-1231
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):
☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
Ordinary shares, $0.03 par value per share | SGH | The Nasdaq Stock Market LLC (Nasdaq Global Select Market) |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On March 30, 2021, the Board of Directors (the “Board”) of SMART Global Holdings, Inc. (“SGH” or the “Company”) approved certain changes among its named executive officers.
Effective as of March 31, 2021, Bruce Goldberg was appointed as the Company’s Chief of Staff. In connection with this appointment, Mr. Goldberg will no longer serve as Chief Legal and Chief Compliance Officer and will no longer serve as an executive officer of the Company. In addition, as part of a realignment of the Company’s business units in part due to the expected addition of a new business unit for the acquisition of Cree LED, KiWan Kim, Executive Vice President of SGH and President of Emerging Markets, and Alan Marten, Senior Vice President, Specialty Memory, now both report to Jack Pacheco, Executive Vice President, Chief Operating Officer and President of SMART Modular Technologies, Inc., the Company’s Memory Solutions business. In connection with this realignment, both KiWan Kim and Alan Marten will no longer serve as executive officers of the Company.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
SMART Global Holdings, Inc. | |||
By: | /s/ Ken Rizvi | ||
Name: | Ken Rizvi | ||
Title: | Senior Vice President and Chief Financial Officer | ||
(Principal Financial and Accounting Officer) |
April 5, 2021