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): March 7, 2017
Juniper Networks, Inc.
(Exact name of registrant as specified in its charter)
| Delaware | 001-34501 | 770422528 | ||
| (State or other jurisdiction of incorporation) |
(Commission File Number) |
(I.R.S. Employer Identification No.) | ||
| 1133 Innovation Way, Sunnyvale, California |
94089 | |||
| (Address of principal executive offices) | (Zip Code) | |||
Registrant’s telephone number, including area code: (408) 745-2000
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. |
On March 7, 2017, Juniper Networks, Inc. (the “Company”) issued a press release announcing that (i) Kevin Hutchins, the Company’s Senior Vice President, Strategy and Business Development, has been appointed to serve in a newly created position as the Company’s Senior Vice President, Strategy and Product Line Management, and (ii) Andy Athreya, the Company’s Senior Vice President, Engineering, has been appointed as the Company’s Senior Vice President, Chief Development Officer. Both positions will report to Rami Rahim, the Company’s Chief Executive Officer.
In addition, the Company announced that Jonathan Davidson, Executive Vice President and General Manager, Juniper Development and Innovation, notified the Company of his intention to resign from the Company, effective immediately.
A copy of the press release issued by the Company is attached as Exhibit 99.1 to this report.
| Item 9.01 | Financial Statements and Exhibits. |
| (d) | Exhibits. |
| Exhibit |
Description | |
| 99.1 | Press release issued by Juniper Networks, Inc. on March 7, 2017 | |
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 hereunto duly authorized.
| Juniper Networks, Inc. | ||||||
| March 7, 2017 |
By: | /s/ Brian M. Martin | ||||
| Name: | Brian M. Martin | |||||
| Title: | Senior Vice President and General Counsel | |||||
Exhibit Index
| Exhibit |
Description | |
| 99.1 | Press release issued by Juniper Networks, Inc. on March 7, 2017 | |
Exhibit 99.1
Media Relations:
Leslie Moore
Juniper Networks
1-408-936-5767
llmoore@juniper.net
Juniper Networks Announces Organizational Changes to Accelerate Innovation
SUNNYVALE, Calif. – (March 7, 2017) – Juniper Networks (NYSE: JNPR), an industry leader in automated, scalable and secure networks, today announced a new organizational structure to support its innovation transformation strategy. To increase alignment between strategy and execution, Juniper has created a new position of Strategy and Product Line Management, senior vice president, and has appointed Kevin Hutchins to this role. Additionally, Juniper’s engineering organization will now report into chief development officer, Andy Athreya. Both of these positions will report into chief executive officer, Rami Rahim.
“The opportunity we have at Juniper to lead the next wave of innovation and network transformation in our industry is incredible,” said Rami Rahim, chief executive officer, Juniper Networks. “To achieve our vision, I am thrilled to have Kevin Hutchins and Andy Athreya to lead and help realize our innovation potential. These changes will allow Juniper Networks to double-down on innovation.”
Mr. Hutchins has been responsible for strategy and business development and has been instrumental in defining and enabling Juniper’s corporate strategy through organic and inorganic growth. He now assumes responsibility for Product Line Management. Kevin is a six plus year veteran of Juniper Networks and prior to Juniper, he held leadership roles in strategy, corporate development and general management at IBM and Lockheed Martin.
Mr. Athreya has been an engineering leader at Juniper since 2004 and has held various leadership positions within the routing and security products groups. He has consistently delivered successful products to market for Juniper’s customers across routing, security, and Junos software.
In addition to these shifts, Jonathan Davidson has resigned from the company. Mr. Davidson served as executive vice president and general manager of Juniper Development and Innovation.
“On behalf of Juniper Networks, I want to thank Jonathan Davidson for his valuable contributions over the past six years,” said Rahim.
About Juniper Networks
Juniper Networks challenges the status quo with products, solutions and services that transform the economics of networking. Our team co-innovates with customers and partners to deliver automated, scalable and secure networks with agility, performance and value. Additional information can be found at Juniper Networks (www.juniper.net) or connect with Juniper on Twitter and Facebook.
Juniper Networks and Junos are registered trademarks of Juniper Networks, Inc. in the United States and other countries. The Juniper Networks and Junos logos are trademarks of Juniper Networks, Inc. All other trademarks, service marks, registered trademarks, or registered service marks are the property of their respective owners.
Forward-Looking Statements
Statements in this press release concerning Juniper Networks’ business outlook, economic and market outlook, ability to innovate, alignment of strategy and execution, and overall future prospects are forward-looking statements within the meaning of the Private Securities Litigation Reform Act that involve a number of uncertainties and risks. Actual results or events could differ materially from those anticipated in those forward-looking statements as a result of several factors, including, but not limited to, Juniper’s ability to successfully define and execute on its strategy; general economic and political conditions globally or regionally; business and economic conditions in the networking industry; and other factors listed in Juniper Networks’ most recent report on Form 10-K filed with the Securities and Exchange Commission. All statements made in this press release are made only as of the date set forth at the beginning of this release. Juniper Networks undertakes no obligation to update the information in this release in the event facts or circumstances subsequently change after the date of this press release.