Keysight Technologies names Jason Kary CFO for Dec. 18
Following the change, the Electronic Industrial Solutions Group will report to Kailash Narayanan and remain a separately reported financial segment.
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Form Type
8-K
Rhea-AI Filing Summary
Keysight Technologies, Inc. appointed Jason Kary as Senior Vice President, Chief Financial Officer and Principal Financial Officer, effective December 18, 2026. He will succeed Neil Dougherty, who notified the company on October 29, 2026, that he would step down effective December 18 for personal reasons and not because of a disagreement with the company. Dougherty agreed to provide transition and other services through the end of fiscal 2027 and will remain in an advisory capacity during fiscal 2027. Kary has led the Electronic Industrial Solutions Group since November 2024.
Keysight said its previously provided fourth-quarter fiscal 2026 outlook is unchanged. Results for the quarter ended October 31, 2026, are scheduled for November 19, 2026.
Filing Explained
The filing adds a reporting-structure change: after the CFO transition, the Electronic Industrial Solutions Group will report to Kailash Narayanan, who leads Communications Solutions Group, but it will remain a separately reported financial segment.
8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Key Figures
CFO transition date: December 18, 2026
Neil Dougherty's CFO tenure: 13 years
Neil Dougherty's tenure with Keysight: 30 years
+1 more
4 metrics
CFO transition date
December 18, 2026
Effective date for Jason Kary's appointment and Neil Dougherty's departure
Neil Dougherty's CFO tenure
13 years
As described in the press release
Neil Dougherty's tenure with Keysight
30 years
As described in the press release
Jason Kary's EISG leadership start
November 2024
Senior Vice President and President of the Electronic Industrial Solutions Group
Key Terms
Principal Financial Officer, separately reported financial segment, forward-looking statements, capital structure
4 terms
Principal Financial Officer regulatory
"Chief Financial Officer, and Principal Financial Officer"
The principal financial officer is the senior executive who runs a company's financial operations: preparing and certifying financial reports, managing accounting controls, budgets and cash flow, and advising on financial strategy. Investors care about this role because its competence affects how trustworthy the company’s numbers are, how well it manages risk and capital needs, and the credibility of forecasts—like the chief navigator steering a firm's financial course.
separately reported financial segment technical
"while remaining a separately reported financial segment"
forward-looking statements regulatory
"This communication contains forward-looking statements"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
capital structure financial
"responsible for the company’s capital structure"
Capital structure is the way a company finances its operations and growth by using different sources of money, such as borrowed funds (loans or bonds) and owner’s equity (investments from owners or shareholders). It’s like a recipe for baking a cake, where the balance of ingredients affects the final product's strength and taste; similarly, the mix of debt and equity influences a company's stability and risk. For investors, understanding a company's capital structure helps gauge how risky it might be to invest or lend money.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Who is the new CFO of KEYS?
Jason Kary will become Keysight's Senior Vice President, Chief Financial Officer and Principal Financial Officer on December 18, 2026. He currently leads the Electronic Industrial Solutions Group, a role he has held since November 2024.
Who will oversee KEYS's Electronic Industrial Solutions Group?
After Kary's appointment, the group will report to Kailash Narayanan, Senior Vice President and President of the Communications Solutions Group, while remaining a separately reported financial segment.
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 29, 2026
(Exact name of registrant as specified in its charter)
| (State or other jurisdiction | (Commission | (IRS Employer | ||||||||||||
| of incorporation) | File Number) | Identification No.) | ||||||||||||
| (Address of principal executive offices) | (Zip Code) | ||||||||||
Registrant’s telephone number, including area code (800) 829-4444
(Former name or former address, if changed since last report.)
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol | Name of each exchange on which registered | ||||||
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 Departure of Directors or Certain Officers; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On November 2, 2026, the Board of Directors (the “Board”) of Keysight Technologies, Inc. (the “Company”) appointed Jason Kary to serve as the Company’s Senior Vice President and Chief Financial Officer, and Principal Financial Officer, effective December 18, 2026 (the “CFO Transition Date”). Mr. Kary succeeds Neil Dougherty, Executive Vice President and Chief Financial Officer, and Principal Financial Officer, of the Company, who on October 29, 2026, notified the Company of his decision to step down as Executive Vice President and Chief Financial Officer of the Company, effective on the CFO Transition Date, and agreed to provide transition and other services through the end of fiscal year 2027. Mr. Dougherty is leaving for personal reasons and not as a result of any disagreement with the Company on any matter relating to the Company’s operations, policies, or practices.
Mr. Kary, age 58, has served as the Company’s Senior Vice President and President of the Electronic Industrial Solutions Group since November 2024. From December 2013 to November 2024, he served as the Company’s Vice President, Treasurer and Investor Relations.
At this time, changes to the compensation arrangements for Messrs. Dougherty and Kary with the Company have not been determined. The Company will report that information on an amendment to this Form 8-K when it is available.
There are no arrangements or understandings between Mr. Kary and any other person pursuant to which Mr. Kary was appointed the Company’s Senior Vice President and Chief Financial Officer, and Principal Financial Officer effective on the CFO Transition Date. There are no transactions in which Mr. Kary has an interest requiring disclosure under Item 404(a) of Regulation S-K of the Securities Act.
The Company issued a press release on November 2, 2026 announcing the foregoing transition. A copy of the press release is attached as Exhibit 99.1 to this report and is incorporated by reference herein.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
The following is furnished as an exhibit to this report and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended:
| Exhibit No. | Description | |||||||
99.1 | Press Release dated November 2, 2026 announcing CFO Succession | |||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |||||||
2
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| KEYSIGHT TECHNOLOGIES, INC. | ||||||||
| By: | /s/ Jeffrey K. Li | |||||||
| Name: | Jeffrey K. Li | |||||||
| Title: | Senior Vice President, General Counsel and | |||||||
| Secretary | ||||||||
| Date: November 2, 2026 | ||||||||
3
Exhibit 99.1
Press Release
Keysight Announces CFO Succession
Jason Kary, President, Electronic Industrial Solutions Group, to succeed Neil Dougherty as CFO
November 2, 2026
SANTA ROSA, Calif. – Keysight Technologies, Inc. (NYSE: KEYS) today announced that Jason Kary has been appointed the company’s next Chief Financial Officer, effective December 18, 2026, as part of a planned succession. Kary, currently Senior Vice President and President, Electronic Industrial Solutions Group, will succeed Neil Dougherty, who has served as CFO for the last 13 years and been with the company for 30 years. Dougherty will remain with Keysight in an advisory capacity for fiscal 2027 to support a smooth transition.
“Jason’s appointment reflects the strength of our leadership team and track record of developing talent through diverse leadership experiences,” said Satish Dhanasekaran, Keysight’s President and Chief Executive Officer. “Jason has played an important role in Keysight’s growth and value creation. He brings a distinctive combination of financial expertise, strategic perspective, and operational leadership, along with a deep understanding of our customers and business."
“I am honored to step into the role of Keysight’s CFO at such an exciting time in our company’s history,” said Kary. “Keysight is uniquely positioned to help customers solve increasingly complex engineering challenges and accelerate innovation across the markets we serve. I look forward to partnering with Satish and the leadership team to execute our strategy with financial discipline, invest in our long-term growth opportunities, and create sustainable value for our customers and shareholders.”
Following Kary’s appointment, the Electronic Industrial Solutions Group will report to Kailash Narayanan, Senior Vice President and President, Communications Solutions Group, while remaining a separately reported financial segment.
“I want to thank Neil for his exceptional contributions to Keysight since our spin,” Dhanasekaran added. “He has helped build a strong financial model and organization that has supported Keysight’s leadership and transformation. We appreciate his continued support in ensuring a smooth transition.”
“It has been a privilege to serve as Keysight’s Chief Financial Officer for 13 years,” said Dougherty. “I’m proud of what we have accomplished together and grateful for the many talented colleagues I have had the opportunity to work alongside. Keysight has an exceptional team, a strong culture, and an exciting future ahead. I look forward to supporting Jason through the transition and to the company’s continued success.”
Q4 FY2026 Financial Results
Keysight is not updating its previously provided outlook for the fourth fiscal quarter of 2026. Demand across Keysight’s end markets remains strong and the company continues to execute well. Keysight will share its financial results for the fourth fiscal quarter ended October 31, 2026, on Thursday, November 19, as scheduled.
keysight.com
About Jason Kary
Kary was most recently Senior Vice President and President of Keysight’s Electronic Industrial Solutions Group, serving the automotive, energy, general electronics, manufacturing, education, and semiconductor industries. Previously, as Vice President, Treasurer and Head of Investor Relations from 2014 to 2024, he was responsible for the company’s capital structure, cash, investments, foreign exchange, pension, insurance, and financing, and he led Keysight’s investor relations function from the company’s formation, becoming a trusted voice for its strategy with the financial community. Kary brings three decades of finance and business leadership experience. He joined HP in 1996 and held finance roles of increasing responsibility through the company’s evolution into Agilent and Keysight, including as Group Chief Financial Officer for Agilent’s $1.6 billion Life Sciences Group. He holds an MBA from Carnegie Mellon University and a bachelor’s degree from the University of Illinois, Urbana-Champaign.
Forward-Looking Statements
This communication contains forward-looking statements as defined in the Securities Exchange Act of 1934 and is subject to the safe harbors created therein. The words “expect,” “intend,” “will,” “should” and similar expressions are intended to identify forward-looking statements. These forward-looking statements involve risks and uncertainties that could significantly affect the expected results and are based on certain key assumptions of Keysight’s management and on currently available information. Due to such uncertainties and risks, no assurances can be given that such expectations or assumptions will prove to have been correct, and readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. Keysight undertakes no responsibility to publicly update or revise any forward-looking statement.
About Keysight Technologies
Keysight (NYSE: KEYS) serves technology innovators as a mission-critical design enablement partner for the world’s most complex engineering challenges. By connecting market-leading design, emulation, and test solutions across the full lifecycle, Keysight helps engineering teams accelerate innovation, reduce risk, and bring new technologies to market faster. Customers across AI infrastructure, communications, industrial automation, aerospace and defense, automotive, semiconductor, and general electronics rely on Keysight to bridge virtual design and physical reality, enabling confident decisions earlier. Learn more at www.keysight.com.
Source: IR-KEYS
Keysight Media Contacts
Investor Contact
Liz Morali
+1 707-577-2880
liz.morali@keysight.com
Media Contact
Mark Price
+44 1803 546317
mark.price@keysight.com
keysight.com