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

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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

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 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

(d) On June 5, 2019, the Board of Directors (the “Board”) of Akamai Technologies, Inc. (“Akamai”) elected Madhu Ranganathan as a director, effective June 7, 2019. Ms. Ranganathan was designated as a Class III member of the Board and will serve until the 2020 Annual Meeting of Stockholders or until her successor is duly appointed and qualified. Ms. Ranganathan has been Executive Vice President and Chief Financial Officer of Open Text Corporation, a global leader in Enterprise Information Management since April 2018. From June 2008 to March 2018, she was Executive Vice President and Chief Financial Officer for 24/7 Customer, Inc., a provider of customer engagement technology solutions. Ms. Ranganathan was recommended to the Board by its Nominating and Corporate Governance Committee in accordance with the provisions of the Nominating and Corporate Governance Committee Charter.
There are no arrangements or understandings between Ms. Ranganathan and any other person to which she was elected as a director. Ms. Ranganathan was appointed to the Audit Committee and the Finance Committee of the Board.
In accordance with Akamai’s non-employee director compensation plan as described in Akamai’s definitive proxy statement on Schedule 14A filed on April 2, 2019 with the Securities and Exchange Commission, Ms. Ranganathan’s compensation for her services as a non-employee director will be consistent with that of Akamai’s other non-employee directors, subject to pro-ration to reflect the commencement date of her service on the Board.
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.