false 0000068505 0000068505 2024-02-21 2024-02-21

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 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): February 21, 2024

 

 

Motorola Solutions, Inc.

(Exact Name of Registrant as Specified in Charter)

 

 

Delaware

(State or Other Jurisdiction of Incorporation)

 

1-7221   36-1115800

(Commission

File Number)

  

(IRS Employer

Identification No.)

500 W. Monroe Street

Chicago, Illinois 60661

(Address of Principal Executive Offices, Zip Code)

Registrant’s telephone number, including area code: 847-576-5000

Not applicable

(Former Name or Former Address, if Changed Since Last Report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of Each Class

  

Trading

Symbol(s)

  

Name of Each Exchange

on Which Registered

Common Stock $0.01 par value   MSI   New York Stock Exchange

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).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

Item 5.02.

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Motorola Solutions, Inc. (the “Company”) is pleased to announce that on February 21, 2024, the size of the Board of Directors of the Company (the “Board”) was increased from eight to nine members and Nicole Anasenes joined the Board as a director and a member of the Audit Committee, effective immediately. Ms. Anasenes will serve until the Company’s 2024 Annual Meeting and the election and qualification of her successor or, if earlier, her death or resignation from the Board.

Ms. Anasenes is currently the Chief Financial Officer and Senior Vice President, Finance of ANSYS, Inc., a developer and provider of engineering simulation software and services. As announced by ANSYS, Inc., Ms. Anasenes will resign as Chief Financial Officer and Senior Vice President on February 22, 2024, and will remain an employee of ANSYS, Inc. until June 7, 2024.

Ms. Anasenes will receive the standard compensation received by non-employee directors. This compensation arrangement is described in the Company’s definitive proxy statement on Schedule 14A filed on March 30, 2023 with the U.S. Securities and Exchange Commission. As disclosed in the definitive proxy statement, a non-employee director will receive his or her equity compensation in the form of a grant of deferred stock units (prorated based on the number of full months served until the next annual meeting of shareholders) with a value of $18,333.33 per month, divided by the closing price of the Company’s common stock on the day on which the director’s election to the Board is effective.

There are no arrangements or understandings between Ms. Anasenes and any other person pursuant to which Ms. Anasenes was elected as a director of the Company, nor does Ms. Anasenes have any direct or indirect material interest in any related party transaction required to be disclosed under Item 404(a) of Regulation S-K.

The press release announcing Ms. Anasenes’s election to the Board is attached as Exhibit 99.1 hereto.

 

Item 9.01.

Financial Statements and Exhibits.

(d) Exhibits

 

Exhibit
No.		    Description
99.1    Press Release by Motorola Solutions, Inc. dated February 21, 2024 announcing the appointment of Nicole Anasenes to the Board of Directors.
104    Cover Page Interactive Data File (embedded within the Inline XBRL document).

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.

 

   

MOTOROLA SOLUTIONS, INC.

(Registrant)

Dated: February 21, 2024     By:  

/s/ Kristin L. Kruska

    Name:   Kristin L. Kruska
    Title:   Corporate Vice President, Transactions,
Corporate & Securities Law and Secretary

Exhibit 99.1

Motorola Solutions Appoints Nicole Anasenes to Board of Directors

CHICAGO – Feb. 21, 2024 – Motorola Solutions (NYSE: MSI) today announced that Nicole Anasenes has been appointed to its board of directors, effective Feb. 21, 2024. Anasenes brings more than 20 years of leadership experience in software and services, market development, acquisitions and business transformation.

“I am pleased to have Nicole join our board, a seasoned leader with deep financial and operational expertise,” said Greg Brown, chairman and CEO, Motorola Solutions. “Her business and industry experience will be instrumental as we continue our purposeful transformation centered on safety and security.”

“I’m honored to join the Motorola Solutions board at such a significant time in the company’s history,” said Anasenes. “I look forward to working alongside the leadership team and building on the company’s strong momentum as they continue their vital work helping to make communities, schools and businesses safer.”

Anasenes currently serves as chief financial officer and senior vice president, Finance for ANSYS, Inc.* (“Ansys”), a developer and provider of engineering simulation software and services. Anasenes has also previously served as chief financial officer and chief operating officer for Squarespace, chief financial officer for Infor and held various leadership positions at IBM. She served on the boards of directors of Ansys from July 2018 until Dec. 2020 and VMware, Inc. from April 2022 to Nov. 2023.

Anesenes earned a bachelor’s degree in Economics and International Business from New York University, as well as an M.B.A. from The Wharton School at the University of Pennsylvania.

*Anasenes will resign as chief financial officer and senior vice president of Ansys on Feb. 22, 2024, and will remain an employee of Ansys until June 7, 2024.

About Motorola Solutions

Motorola Solutions is solving for safer. We build and connect technologies to help protect people, property and places. Our solutions enable the collaboration between public safety agencies and enterprises that’s critical for a proactive approach to safety and security. Learn more about how we’re solving for safer communities, safer schools, safer hospitals, safer businesses – safer everywhere – at www.motorolasolutions.com.

Media Contact:

Alexandra Reynolds

Motorola Solutions

(312) 965 3968

alexandra.reynolds@motorolasolutions.com

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