Super Micro Computer (SMCI) Announces Leadership Changes Amid External Review

Author's Avatar
Dec 02, 2024
Article's Main Image

Super Micro Computer Inc. (SMCI, Financial) announced that an external review of its business practices found no evidence of misconduct. In light of this, the company has approved hiring additional executives and is set to replace its Chief Financial Officer, David Weigand.

The company stated that it is actively searching for a new Chief Financial Officer, Chief Compliance Officer, and General Counsel. These leadership changes are part of the company's strategic efforts to strengthen its executive team and enhance corporate governance.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.