Pegasystems Inc. (NASDAQ:PEGA) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02
On April23 and April24, 2018, each of Steven Kaplan and William Wyman, respectively, notified Pegasystems Inc. (the “Company”) of his decision not to stand for re-election to the Company’s Board of Directors (the “Board”) when his current term expires at the Company’s upcoming 2018 Annual Meeting of Stockholders on June28, 2018 (the “Annual Meeting”). Messrs. Kaplan and Wyman will continue to serve as members of the Board and as a member of any committee of the Board on which they currently serve until the Annual Meeting.
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About Pegasystems Inc. (NASDAQ:PEGA)
Pegasystems Inc. develops, markets, licenses and supports software applications for marketing, sales and onboarding, and customer service needs. The Company also offers software applications built on the Pega 7 platform. Its software is designed to assist clients in building, deploying, and evolving enterprise applications. Its applications and platform intersect with and encompass several traditional software markets, including Customer Relationship Management (CRM); Business Process Management (BPM); Business Rules Management Systems (BRMS); Dynamic Case Management (DCM); Decision Management, which includes Predictive and Adaptive analytics, and the Vertical Specific Software (VSS) market of industry solutions and packaged applications. It provides implementation, consulting, training, technical support and hosting services to facilitate the use of its software. The Company offers its services to financial, healthcare, insurance, manufacturing, life sciences and other markets.