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 24, 2023
(Exact name of Registrant as specified in its charter)
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March 24, 2023, Michael Everett, a member of the Board of Directors (“Board”) of Calix, Inc. (“Company”), advised the Board that he has decided to decline to stand for re-election as a Class 1 director upon the expiration of his current term at the Company’s 2023 annual meeting of stockholders (the “Annual Meeting”).
Mr. Everett’s decision to decline to stand for re-election was not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies, or practices. Mr. Everett will continue to serve as a member of the Board and its Audit Committee and Strategic Committee until his term expires. The Company and Board are grateful to Mr. Everett for his service and valuable contributions to the Company since 2007.
On March 24, 2023, in connection with Mr. Everett’s decision to decline to stand for re-election, the remaining directors voted unanimously to reduce the size of the Board from nine to eight directors, effectively immediately following the expiration of Mr. Everett’s term on May 11, 2023.
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SIGNATURE
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.
| Date: | March 30, 2023 | CALIX, INC. | ||||||||||||||||||||||||
| By: | /s/ Doug McNitt | |||||||||||||||||||||||||
| Doug McNitt | ||||||||||||||||||||||||||
EVP, General Counsel | ||||||||||||||||||||||||||
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