Viasat adds Porsche executive Barbara Frenkel to its board
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Viasat, Inc. appointed Barbara Frenkel to its Board of Directors as a Class I director, with her initial term running until the company’s 2027 annual meeting of stockholders. With her addition, the board now has eight members, six of whom are independent directors.
Frenkel, 62, brings long experience from Porsche AG, where she has served since 2001 in roles including Executive Board – Procurement, Supervisory Board member, and senior positions in regional leadership, network management, sales training, quality systems, and sustainability. She will receive compensation under Viasat’s standard non‑employee director compensation policy and will enter into the company’s customary director and officer indemnification agreement.
Positive
- None.
Negative
- None.
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.
FAQ
What did Viasat (VSAT) announce in this Form 8-K?
Viasat announced that its Board of Directors appointed Barbara Frenkel as a Class I director, increasing the board to eight members, six of whom are independent.
Who is Barbara Frenkel, the new Viasat (VSAT) director?
Barbara Frenkel, 62, has worked at Porsche AG since 2001 in senior roles including Executive Board – Procurement, Supervisory Board member, and leadership positions in regions, network management, sales training, quality, and sustainability.
How long will Barbara Frenkel’s initial term on Viasat’s board last?
Barbara Frenkel will serve as a Class I director with an initial term expiring at Viasat’s 2027 annual meeting of stockholders.
How does Barbara Frenkel’s appointment change Viasat’s board structure?
With her appointment, Viasat’s Board of Directors now has eight members, of which six are independent directors.
How will Barbara Frenkel be compensated as a Viasat (VSAT) director?
She will be compensated under Viasat’s non-employee director compensation policy in effect from time to time and will sign the company’s standard director and officer indemnification agreement.
Does the 8-K for Viasat (VSAT) include any major transactions or earnings data?
No. This 8-K focuses on the appointment of Barbara Frenkel to the Board of Directors and related governance details, without disclosing major transactions or earnings data.
