Super Micro Computer Appoints Mark Long as Chief Financial Officer
Super Micro Computer, Inc.
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Filing Summary
š¢ Super Micro Computer, Inc. ($SMCI) filed an 8-K announcing a Chief Financial Officer transition.
š¤ New CFO: Mark Long (effective October 14, 2026) šŖ Departing CFO: David Weigand š¼ Background: Former CFO & CSO of Western Digital Corporation; Co-CEO/CFO of Prime Impact Acquisition I š° Compensation Highlights: ⢠Base Salary: $725,000 ⢠Sign-on Bonus: $500,000 (subject to 2-year clawback) ⢠Guaranteed Cash Bonus: $500,000/year ⢠Performance Bonus: $225,000 ā $725,000 ⢠Proposed Equity: 120,000 RSUs and 150,000 stock options (4-year vesting)
Comprehensive Analysis
Executive Transition Summary
On October 14, 2026, the Board of Directors of Super Micro Computer, Inc. (NASDAQ: SMCI) appointed Mark Long as Chief Financial Officer, effective immediately. Mr. Long succeeds David Weigand, who ceased serving as CFO as of the same date.
Executive Background
- Age: 59
- Recent Experience:
- Prime Impact Capital, LLC: Principal since 2019.
- Prime Impact Acquisition I: Co-Chief Executive Officer and Chief Financial Officer (2020ā2023).
- Western Digital Corporation: Chief Financial Officer (2016ā2019) and Chief Strategy Officer (2015ā2019).
- Education: Juris Doctor and Master of Business Administration from the University of Michigan.
- Governance Disclosures: No family relationships, selection understandings, or related-party transactions under Item 404(a) of Regulation S-K.
Compensation Package
Under his employment offer letter, Mr. Long's compensation structure includes:
- Annual Base Salary: $725,000
- Sign-On Bonus: $500,000 (subject to pro-rated repayment if employment terminates within two years)
- Guaranteed Annual Cash Bonus: $500,000, payable monthly or quarterly
- Annual Performance-Based Cash Bonus: Eligible for $225,000 to $725,000 based on terms to be established
- Annual Special Equity Bonus: Eligible for performance- and achievement-based RSUs
- Initial Equity Awards (Subject to Compensation Committee Approval):
- 120,000 Restricted Stock Units (RSUs)
- 150,000 Stock Options to purchase SMCI common shares
- Both awards vest over four years subject to continued service
- Employment Status: At-will employment with standard full-time employee benefit eligibility.
Market and Operational Context
A transition at the CFO level represents a major corporate leadership change. Mr. Long brings extensive experience from large-scale enterprise hardware and storage leadership at Western Digital, as well as capital markets experience.
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