Internap Corporation (NASDAQ:INAP) 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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Internap Corporation (NASDAQ:INAP) 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.

On November 22, 2016, Internap Corporation (the “Company”) announced the resignation of Steven A. Orchard from his position as Senior Vice President and General Manager, Data Center and Network Services as of December 1, 2016.

Mr. Orchard will receive the benefits previously disclosed and provided in his Employment Security Agreement (Exhibit 10.19 to the Company’s Annual Report on Form 10-K, filed with the Securities and Exchange Commission on February 18, 2016), which is incorporated by reference herein.

 

 


About Internap Corporation (NASDAQ:INAP)

Internap Corporation, formerly InterNAP Network Services Corporation, provides Internet infrastructure services. The Company operates through two segments: Data Center Services segment and Internet Protocol Services segment. It offers hybrid Internet infrastructure services, which enables customers to mix and match cloud, hosting and colocation for the combination of services. It also offers availability across a global network of data centers, and services backed by service level agreements (SLAs). The Company serves approximately 11,000 customers in various industries, including software and Internet; media and entertainment; business services; healthcare technology infrastructure, and telecommunications. Its Data Center Services segment includes colocation, hosting and cloud services. IP Services segment includes its performance IP service, content delivery network (CDN) services, IP routing hardware and software platform, and Managed Internet Route Optimizer Controller.

Internap Corporation (NASDAQ:INAP) Recent Trading Information

Internap Corporation (NASDAQ:INAP) closed its last trading session up +0.03 at 1.14 with 899,190 shares trading hands.