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): November 9, 2015
Pegasystems Inc.
(Exact name of registrant as specified in its charter)
Commission File Number: 1-11859
Massachusetts | 04-2787865 | |
(State or other jurisdiction | (IRS Employer | |
of incorporation) | Identification No.) |
One Rogers Street, Cambridge, MA 02142
(Address of principal executive offices, including zip code)
101 Main Street, Cambridge, Massachusetts 02142
(Former address of principal executive offices, including zip code)
617-374-9600
(Registrants telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
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:
¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers |
(b) On November 9, 2015, Rafeal E. Brown, Chief Financial Officer, Chief Administrative Officer, Senior Vice President, and Principal Financial Officer of the Company, notified the Company of his intention to resign from his positions effective November 30, 2015. The Company has begun a search for a permanent successor.
A copy of the press release announcing Mr. Browns resignation is attached to this Current Report on Form 8-K as Exhibit 99.1.
Item 9.01. | Financial Statements and Exhibits |
(d) Exhibits
99.1 Press release from Pegasystems Inc. dated November 13, 2015.
Signature(s)
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.
Pegasystems Inc. | ||||||
Date: November 13, 2015 | By: | /s/ Anne T. Warner | ||||
Anne T. Warner Vice President, General Counsel, and Secretary |
Exhibit Index
Exhibit No. |
Description | |
EX-99.1 | Press Release issued by Pegasystems Inc. on November 13, 2015. |
Exhibit 99.1
Pegasystems Announces Resignation of Chief Financial Officer
CAMBRIDGE, Mass. November 13, 2015 Pegasystems Inc. (NASDAQ: PEGA), the software company empowering the worlds leading enterprises with strategic business applications, today announced that Rafe Brown, Chief Administrative Officer, Chief Financial Officer and Senior Vice President has resigned to become Chief Financial Officer at a private technology company. The company has begun a search for a permanent successor.
Mr. Brown will remain with the company through November 30, 2015 to facilitate a smooth transition of duties. After November 30 and until his successor is appointed, Max Mayer, Senior Vice President of Corporate Development, will assume the responsibilities of Chief Administrative Officer. Mr. Mayer has been with Pega since 2004 and held the position of Chief Administrative Officer for the 12 months prior to Mr. Browns appointment.
On behalf of Pega, I want to thank Rafe for all he has contributed to the company and wish him well in his new position, said Alan Trefler, Pegasystems Founder and CEO. I have great confidence in the team we have in place that has supported our strong growth during Rafes tenure.
This was a tough decision to make, but one that is right for me and my family at this time, said Mr. Brown. I have great respect for and confidence in Pega and its management team. It has been an honor to be part of the companys success over the last two years and to help drive strong execution against our goals.
About Pegasystems
Pegasystems (NASDAQ: PEGA) develops strategic applications for marketing, sales, service, and operations. Pegas applications streamline critical business operations, connect enterprises to their customers seamlessly in real-time across channels, and adapt to meet rapidly changing requirements. Pegas Global 2000 customers include many of the worlds most sophisticated and successful enterprises. Pegas applications, available in the cloud or on-premises, are built on its unified Pega 7 platform, which uses visual tools to easily extend and change applications to meet clients strategic business needs. Pegas clients report that Pega gives them the fastest time to value, extremely rapid deployment, efficient re-use and global scale. For more information, please visit us at www.pega.com.
Press Contacts:
Lisa Pintchman
Pegasystems Inc.
lisa.pintchman@pega.com
(617) 866-6022
Twitter: @pega
Investor Contact:
Sheila Ennis
ICR for Pegasystems
PegaInvestorRelations@pega.com
617-866-6077
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