PALO ALTO NETWORKS, INC. (NYSE:PANW) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

PALO ALTO NETWORKS, INC. (NYSE:PANW) 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 of Form 8-K, Palo Alto Networks, Inc. (the “Company”) is filing this Amendment No. 1 on Form 8-K/A to amend the Company’s Current Report on Form 8-K, originally filed with the Securities and Exchange Commission on April 15, 2019 (the “Original Filing”), to disclose the subsequent appointment of Rt Hon Sir John Key and Lorraine Twohill to committees of the Company’s board of directors (the “Board”). Sir John Key and Ms. Twohill’s initial appointments to the Board were disclosed in the Original Filing. At the time of the Original Filing, the Board had not determined to which committees, if any, Sir John Key and Ms. Twohill would be appointed. Except as stated herein, the Original Filing shall remain in effect. In addition, we are disclosing recent changes to the composition of the Company’s Board committees and lead independent director.

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

On November 22, 2019, the Board appointed Rt Hon Sir John Key to serve on the Audit Committee of the Board and as the Chair of the Compensation Committee of the Board and Lorraine Twohill to serve on the Compensation Committee of the Board and the Nominating and Corporate Governance Committee of the Board.

Item 8.01. Other Events.

On November 22, 2019, the Board approved changes to the composition of the Board’s standing committees as follows:

Additionally, the Board appointed John M. Donovan as the Company’s Lead Independent Director.

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About PALO ALTO NETWORKS, INC. (NYSE:PANW)

Palo Alto Networks, Inc. offers a next-generation security platform. The Company’s security platform consists of three elements: Next-Generation Firewall, Advanced Endpoint Protection and Threat Intelligence Cloud. Its Next-Generation Firewall delivers application, user and content visibility and control, as well as protection against network-based cyber threats integrated within the firewall through its hardware and software architecture. Its Advanced Endpoint Protection prevents cyber attacks that run malicious code or exploit software vulnerabilities on a range of fixed and virtual endpoints and servers. Its Threat Intelligence Cloud provides central intelligence capabilities, security for software as a service applications and automated delivery of preventative measures against cyber attacks. Its products and services include firewall appliances, panorama, virtual system upgrades, subscription services, support and maintenance, and professional services.

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