AKAMAI TECHNOLOGIES, INC. (NASDAQ:AKAM) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(d)

On April 2, 2018, Akamai Technologies, Inc., (the "Company") appointed William R. Wagner to serve as a Class I member of the Board of Directors of the Company, effective April 3, 2018, in accordance with the terms of the Cooperation Agreement dated March 8, 2018 between the Company and Elliott Associates, L.P., Elliott International, L.P. and Elliott International Capital Advisors Inc. (the "Cooperation Agreement"). A copy of the Cooperation Agreement was filed as Exhibit 10.1 to the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on March 9, 2018.

Other than as set forth in the Cooperation Agreement, there are no arrangements or understandings between Mr. Wagner and any other person to which he was appointed as a director. Following Mr. Wagner’s appointment to the Board, the size of the Board is thirteen (13) directors.

Mr. Wagner has been the President, Chief Executive Officer and a Director of LogMeIn, Inc., a software-as-a-service company since December 2015, having previously served from May 2013 through November 2015 as its President and Chief Operating Officer. Prior to joining LogMeIn, Mr.Wagner served as the Chief Operating Officer at Vocus, Inc., a cloud marketing software provider, from October 2010 to November 2012. Mr. Wagner was appointed to the Financial Operations Committee of the Board of Directors.

In accordance with the Company’s non-employee director compensation plan as described in the Company’s definitive proxy statement on Schedule 14A filed on April 3, 2017 with the Securities and Exchange Commission, Mr. Wagner’s compensation for his services as a non-employee director will be consistent with that of the Company’s other non-employee directors, subject to pro-ration to reflect the commencement date of his service on the Board. Mr. Wagner is not a party to any transaction that would require disclosure under Item 404(a) of Regulation S-K.

About AKAMAI TECHNOLOGIES, INC. (NASDAQ:AKAM)

Akamai Technologies, Inc. is engaged in providing cloud services for delivering, optimizing and securing content and business applications over the Internet. The Company’s across the globe distributed platform comprises approximately 200,000 servers in over 1,400 networks in over 120 countries. It is involved in offering content delivery network (CDN) services. Its services include the delivery of content, applications and software over the Internet, as well as mobile and security solutions, and enterprise professional services. Its solutions include Performance and Security Solutions, Media Delivery Solutions, and Service and Support Solutions. Performance and Security Solutions are designed to help Websites and business applications operate while offering protection against security threats. Media Delivery Solutions are designed to enable enterprises to execute their digital media distribution strategies. Service and Support Solutions offer professional services and solutions.