Calix Enhances Board with Wade Oosterman’s Appointment

The latest update is out from Calix (CALX).

Calix, Inc. has expanded its Board of Directors from eight to nine members and appointed Wade Oosterman as a Class II director until the 2027 annual stockholders meeting. Oosterman’s non-employee director compensation includes a $50,000 annual retainer, additional fees for committee work, and an initial grant of 7,317 stock options. His appointment is part of a strategic move, with no prior arrangements or reportable transactions influencing his selection, ensuring transparency in corporate governance.

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