Veteran CFO to retire as Sequans (NYSE: SQNS) elevates Norman Brodt
Rhea-AI Filing Summary
Sequans Communications reported a planned CFO transition. Longtime Chief Financial Officer Deborah Choate will retire effective June 30, 2026 after a 19-year tenure with the company. The current Vice President, Finance, Norman Brodt, will become CFO upon her retirement.
Management highlights Choate’s role in strengthening Sequans’ financial position and leading strategic initiatives, and notes that she will support a smooth transition. Brodt has served as VP Finance since January 2025 with responsibilities including financial planning, capital allocation, and reporting, and previously held senior finance roles at Alcatel Lucent/Nokia.
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Key Figures
CFO retirement date: June 30, 2026
CFO tenure length: 19 years
VP Finance start date: January 2025
+1 more
4 metrics
CFO retirement date
June 30, 2026
Effective retirement date for CFO Deborah Choate
CFO tenure length
19 years
Deborah Choate’s tenure at Sequans
VP Finance start date
January 2025
Start of Norman Brodt’s role as Vice President, Finance
Company founding year
2003
Sequans Communications founding year
Key Terms
foreign private issuer, fabless semiconductor company, Internet of Things (IoT), 5G NR RedCap, +1 more
5 terms
foreign private issuer regulatory
"FORM 6-K Report of Foreign Private Issuer Pursuant to Rule 13a-16"
A foreign private issuer is a company organized outside the United States that meets tests showing it is primarily foreign-controlled and therefore qualifies for a different set of U.S. reporting rules. For investors, that means the company files less frequent or differently formatted disclosures with U.S. regulators and may follow home-country accounting and governance practices, so buying its stock is like dining at a well-reviewed restaurant that follows its home kitchen’s rules instead of the local menu — you get access but should check what standards apply.
fabless semiconductor company financial
"Sequans Communications S.A. is a leading fabless semiconductor company specializing"
Internet of Things (IoT) technical
"wireless 4G/5G cellular technology for the Internet of Things (IoT)"
The internet of things (IoT) describes a network of everyday objects—such as appliances, vehicles, and devices—that are connected to the internet and can share data automatically. This connectivity enables these objects to function more efficiently and provides valuable insights for businesses and consumers alike. For investors, IoT represents a growing area of technological innovation with the potential to transform industries and create new market opportunities.
5G NR RedCap technical
"including LTE-M/NB-IoT, 4G LTE Cat 1bis, and 5G NR RedCap and eRedCap platforms"
financial planning & analysis financial
"responsible for financial planning & analysis, process improvement and financial reporting"
Financial planning & analysis (FP&A) is the corporate function that builds budgets and forecasts, tracks actual results against those plans, and models different business scenarios to inform decisions. For investors it matters because FP&A shapes the company’s financial guidance and reveals how management expects to grow, manage costs and use cash—think of it as the company’s navigation system that helps predict whether future targets and returns are realistic.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What CFO change did Sequans Communications (SQNS) announce in this 6-K?
Sequans Communications announced a planned CFO transition. Longtime CFO Deborah Choate will retire effective June 30, 2026, after 19 years, and current Vice President, Finance, Norman Brodt will assume the Chief Financial Officer role upon her retirement.
When will Sequans CFO Deborah Choate retire from her role?
Deborah Choate will retire as Sequans CFO on June 30, 2026. She has served the company for 19 years and will support a smooth transition as Vice President, Finance, Norman Brodt steps into the Chief Financial Officer position.
Who is replacing Deborah Choate as CFO of Sequans Communications (SQNS)?
Vice President, Finance, Norman Brodt will replace Deborah Choate as CFO. Brodt becomes Chief Financial Officer effective upon her June 30, 2026 retirement, after leading financial planning, reporting and process improvement at Sequans since January 2025.
What is Norman Brodt’s background before becoming Sequans CFO?
Norman Brodt has extensive finance leadership experience. Before joining Sequans as Vice President, Finance in January 2025, he held roles at Alcatel Lucent/Nokia, including CFO of Alcatel-Lucent Shanghai Bell and CFO/COO of Alcatel Radio Frequency Systems, and holds an MBA from the University of Bayreuth.
Does the Sequans 6-K mention any change to the company’s strategy with the CFO transition?
The 6-K emphasizes continuity rather than strategic change. Management praises outgoing CFO Deborah Choate’s impact and describes incoming CFO Norman Brodt as focused on financial planning, capital allocation and operational improvements as Sequans continues executing its existing strategy.
What business does Sequans Communications (SQNS) operate in, according to the filing?
Sequans is a fabless semiconductor company focused on 4G/5G IoT. It designs LTE-M/NB-IoT, 4G LTE Cat 1bis, and 5G NR RedCap and eRedCap platforms for applications like smart mobility, smart cities, industrial, e-health and smart homes, and also offers design services and technology licensing.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 under the Securities Exchange Act of 1934
For the month of June 2026
Commission File Number: 001-35135
Sequans Communications S.A.
(Translation of Registrant’s name into English)
15-55 boulevard Charles de Gaulle
92700 Colombes, France
Telephone : +33 1 70 72 16 00
(Address of Principal Executive Office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-F R Form 40-F £
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): Yes £ NoR
Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): Yes £ NoR
Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.
The information in this report furnished on Form 6-K shall be incorporated by reference into each of the following Registration Statements under the Securities Act of 1933, as amended, of the registrant: Form S-8 (File Nos. 333-203539, 333-211011, 333-214444, 333-215911, 333-219430, 333-226458, 333-233473, 333-239968, 333-259914, 333-266481 and 333-289027) and Form F-3 (File Nos. 333-271884, 333-288708 and 333-288709).
EXPLANATORY NOTE
On June 2, 2026, Sequans Communications S.A. issued a press release announcing that Deborah Choate, Chief Financial Officer, will retire from the Company effective June 30, 2026, following a tenure of 19 years. The Company also announced that Norman Brodt, currently Vice President, Finance, will succeed Ms. Choate as Chief Financial Officer effective upon her retirement. A copy of the press release is attached to this Form 6-K as Exhibit 99.1 and is incorporated herein by reference.
EXHIBIT INDEX
The following exhibit is filed as part of this Form 6-K:
| Exhibit | Description | ||||
| 99.1 | Press release dated June 2, 2026 | ||||
SIGNATURES
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, thereunto duly authorized.
SEQUANS COMMUNICATIONS S.A. (Registrant) | ||||||||||||||
| Date: June 2 , 2026 | By: | /s/ Deborah Choate | ||||||||||||
| Deborah Choate | ||||||||||||||
| Chief Financial Officer | ||||||||||||||
 | NEWS | ||||
Sequans Announces CFO Transition
PARIS - June 2, 2026 - Sequans Communications S.A. (NYSE: SQNS) (“Sequans” or the “Company”), a leading provider of 5G/4G cellular IoT semiconductor solutions, today announced that Deborah Choate, Chief Financial Officer, will retire from the Company effective June 30, 2026, following a distinguished tenure of 19 years. The Company also announced that Norman Brodt, currently Vice President, Finance, will succeed Ms. Choate as Chief Financial Officer effective upon her retirement.
“On behalf of the Board and the entire management team, I would like to thank Deborah for her leadership and significant contributions to Sequans,” said Georges Karam, Chief Executive Officer. “During her tenure, she has played a critical role in strengthening our financial position and leading strategic initiatives. We wish her all the best in her retirement.”
Ms. Choate added, “It has been a privilege to serve as CFO of Sequans. I am proud of what we have accomplished and confident in the Company’s future. I look forward to supporting a smooth transition.”
“Norman is an accomplished finance leader with a deep understanding of our business and operations,” added Dr. Karam. “In his current role as VP Finance, he has been instrumental in financial planning, capital allocation and operational improvements. I am confident that he will provide strong financial leadership as we continue to execute our strategy.”
Mr. Brodt said, “I am honored to take on the role of CFO at Sequans and build on the strong foundation established by Deborah. I look forward to working with the team to drive continued growth and value for our shareholders.”
Norman Brodt has served as Vice President, Finance since January 2025. In this role, he has been responsible for financial planning & analysis, process improvement and financial reporting. Prior to joining Sequans, he held multiple leadership roles at Alcatel Lucent/Nokia, including CFO of Alcatel-Lucent Shanghai Bell and CFO/COO of Alcatel Radio Frequency Systems. He holds a Master’s degree in Business Administration from the University of Bayreuth, Germany.
About Sequans Communications
Sequans Communications S.A. (NYSE: SQNS) is a leading fabless semiconductor company specializing in wireless 4G/5G cellular technology for the Internet of Things (IoT). Sequans’ engineers design and develop innovative, secure, and scalable technologies that power the next generation of AI-connected applications – including secured payment, smart mobility and logistics, smart cities, industrial, e-health, and smart homes. Sequans offers a comprehensive portfolio of 4G/5G solutions, including LTE-M/NB-IoT, 4G LTE Cat 1bis, and 5G NR RedCap and eRedCap platforms, all purpose-built for IoT and delivering breakthroughs in wireless connectivity, power efficiency, security, and performance. The company also provides advanced design services and technology licensing.
Founded in 2003, Sequans is headquartered in France and operates globally, with offices in the United States, United Kingdom, Switzerland, Israel, Finland, Taiwan, and China.
Visit Sequans at sequans.com and follow us on LinkedIn and X.
Sequans investor relations: David Hanover/Rob Kelly, KCSA Strategic Communications (USA), +1 212.682.6300, ir@sequans.com Sequans media relations: Linda Bouvet (France), +33 170721600 media@sequans.com