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Penguin Solutions, Inc. (PENG)

15.79
+0.08
+(0.51%)
At close: April 22 at 4:00:00 PM EDT
15.65
-0.14
(-0.89%)
After hours: April 22 at 7:16:45 PM EDT

Key Executives

Amounts are as of December 31, 2024 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.
NameTitlePayExercisedYear Born
Mr. Mark W. Adams President, CEO & Director 866.96k -- 1964
Mr. Nate Olmstead Senior VP & CFO 510.77k -- 1972
Mr. Jack A. Pacheco Executive VP, COO & President of Integrated Memory 646.31k 529.09k 1960
Ms. Anne Kuykendall J.D. Senior VP, Chief Legal Officer & Chief Compliance Officer 607.35k -- 1977
Mr. Peter J. Manca Senior VP & President of Advanced Computing 685.35k -- 1963
Mr. Philip Pokorny Chief Technology Officer -- -- --
Ms. Suzanne Schmidt Head of Investor Relation -- -- --
Mr. Mark Seamans Vice President of Global Marketing -- -- 1967
Mr. Michael Wellman Chief Human Resources Officer -- -- --
Mr. Joseph Clark Senior VP & President of Optimized LED 452.52k -- 1972

Penguin Solutions, Inc.

190 Elgin Avenue
George Town
Grand Cayman, KY1-9008
Cayman Islands
510 623 1231 https://www.penguinsolutions.com
Sector: 
Technology
Full Time Employees: 
2,700

Description

Penguin Solutions, Inc. engages in the designing and development of enterprise solutions worldwide. It operates through three segments: Advanced Computing, Integrated Memory, and Optimized LED. It offers dynamic random access memory modules, solid-state and flash storage, and other advanced integrated memory solutions for networking and telecom, data analytics, artificial intelligence and machine learning applications; and supply chain services, including procurement, logistics, inventory management, temporary warehousing, programming, kitting, and packaging services. The company also provides Penguin Computing that focus on technical computing for core and cloud environments through high-performance computing and AI solutions; and Penguin Edge, an edge computing solution for embedded and wireless applications, such as high-performance products for government, health care, manufacturing, and telecommunications applications. In addition, it offers Stratus, which provides simplified, protected, and autonomous fault tolerant computing solutions in the data center and at the Edge through hardware and software services; and solutions to education, energy, financial services, government, hyperscale, and manufacturing markets. Further, the company provides LED chip products comprising blue and green LED chips based on gallium nitride, and related materials under Cree LED brand; and surface mount devices under the Cree LED XLamp and J Series brands. It sells its products directly to original equipment manufacturers, enterprise, government and other end customers through direct sales force, e-commerce, customer service representatives, on-site field application engineers, independent sales representatives, distributors, integrators, and resellers. The company was formerly known as SMART Global Holdings, Inc. and changed its name to Penguin Solutions, Inc. in October 2024. Penguin Solutions, Inc. was founded in 1988 and is based in Grand Cayman, Cayman Islands.

Corporate Governance

Penguin Solutions, Inc.’s ISS Governance QualityScore as of April 1, 2025 is 3. The pillar scores are Audit: 3; Board: 1; Shareholder Rights: 5; Compensation: 5.
Corporate governance scores courtesy of Institutional Shareholder Services (ISS) Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.

Upcoming Events

July 7, 2025 at 10:59 AM UTC - July 11, 2025 at 12:00 PM UTC

Penguin Solutions, Inc. Earnings Date

Recent Events

April 2, 2025 at 12:00 AM UTC

S-8: Offering Registrations

March 24, 2025 at 12:00 AM UTC

PRE 14A: Proxy Statements

February 12, 2025 at 12:00 AM UTC

8-K: Corporate Changes & Voting Matters

January 8, 2025 at 12:00 AM UTC

8-K: Corporate Changes & Voting Matters

December 20, 2024 at 12:00 AM UTC

DEF 14A: Proxy Statements

December 16, 2024 at 12:00 AM UTC

8-K: Corporate Changes & Voting Matters

October 24, 2024 at 12:00 AM UTC

10-K: Periodic Financial Reports

October 16, 2024 at 12:00 AM UTC

8-K/A: Corporate Changes & Voting Matters

October 15, 2024 at 12:00 AM UTC

8-K: Corporate Changes & Voting Matters

October 3, 2024 at 12:00 AM UTC

8-K: Corporate Changes & Voting Matters

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