Keysight Technologies, Inc. filed a Form 8-K with the U.S. Securities and Exchange Commission on August 26, 2026, disclosing the appointment of Scott Reese as a new independent director, effective that same date.

Key Highlights

  • Board expanded: The Board approved an increase in size from ten (10) to eleven (11) members, with Reese appointed to fill the resulting vacancy.
  • Class I director: Reese will serve as a Class I director with a term expiring at the 2027 Annual Meeting of the Stockholders.
  • Committee assignments: Reese will serve on the Audit and Finance and Nominating and Corporate Governance Committees.
  • Independence confirmed: The Board determined that Reese meets independence standards in compliance with New York Stock Exchange rules and Item 407(a) of Regulation S-K.
  • Compensation: Reese will receive one-half of the standard annual compensation of cash and stock for the plan year ending February 28, 2027.
  • Background: Reese, age 53, previously served as President and Chief Executive Officer of GE Vernova Electrification Software and held senior positions at Autodesk for nearly two decades.

Scott Reese Appointment Details and Background

According to the filing, the Board of Directors of Keysight Technologies, Inc. (NYSE:KEYS), acting on recommendations from the Nominating and Corporate Governance Committee, voted to expand the Board from ten to eleven members and appointed Scott Reese to fill the new seat, all effective August 26, 2026. Reese's appointment as a Class I director runs through the 2027 Annual Meeting of the Stockholders.

The filing describes Reese, age 53, as having "extensive experience in software product development, strategy and design." He most recently served as President and Chief Executive Officer of GE Vernova Electrification Software. Prior to that role, he held progressively senior positions over nearly two decades at Autodesk, where the filing notes he developed expertise in cloud platforms, cybersecurity, and simulation solutions. Reese holds a Bachelor of Science degree in Computer Information Systems and a Master of Business Administration, both from Indiana Wesleyan University, according to the filing.

The filing states that Reese will receive one-half of the standard annual director compensation of cash and stock for the plan year ending February 28, 2027, consistent with the company's director compensation program. The company and Reese will also enter into the company's standard form of indemnification agreement. The filing discloses that there are no arrangements or understandings between Reese and any other person pursuant to which he was elected, and no transactions requiring disclosure under Item 404(a) of Regulation S-K.

What Was Disclosed

Keysight Technologies disclosed the expansion of its Board from ten to eleven members and the appointment of Scott Reese as an independent Class I director, including his committee assignments, compensation terms, and professional background, as reported in its August 26, 2026 Form 8-K filing.