ARISTA NETWORKS, INC. (NYSE:ANET) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
The Compensation Committee of the Board of Directors of Arista Networks, Inc. (the “Company”) approved customer impact cash bonuses to its named executive officers as set forth in the table below. The cash bonuses were effective and paid as of June 30, 2017. The customer impact cash bonuses were intended to reward exceptional customer relations performance and the Company’s recent successes in patent litigation.
|
Named Executive Officer |
Title |
Customer Impact Award |
|
Ita Brennan |
Chief Financial Officer |
$120,000 |
|
Anshul Sadana |
Chief Customer Officer |
$150,000 |
|
Marc Taxay |
Senior Vice President and General Counsel |
$150,000 |
About ARISTA NETWORKS, INC. (NYSE:ANET)
Arista Networks, Inc. is a supplier of cloud networking solutions that address the needs of Internet companies, cloud service providers and next-generation data centers for enterprises. The Company’s cloud networking solutions consist of its Extensible Operating System (EOS), which is a set of network applications and its 10/25/40/50/100 Gigabit Ethernet switches. EOS is purpose-built to be programmable and modular. The programmability of EOS allows it to create a set of software applications that address the requirements of cloud networking, including workflow automation, network visibility and analytics, and allows it to integrate with a range of third-party applications for virtualization, management, automation, orchestration and network services. It offers a product line of data center 10/25/40/50/100 Gigabit Ethernet switches comprising its 7050X Series, 7060X Series, 7150 Series, 7260 Series, 7280 leaf switches, 7300X Series Spline switches and its 7500E Series spine switches.
