COMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL) Form 8-K — Oct 14, 2026
Comtech (NASDAQ: CMTL) announced that CFO Michael Bondi will depart following the filing of its Q1 FY2027 10-Q, currently anticipated by December 10, 2026. His exit is described as amicable and tied to the anticipated closing of the sale of most of its Satellite & Space Communications business to an affiliate of Gilat Satellite Networks. Richard Nyren, formerly CFO of Aireon and Chief Accounting Officer of Iridium Communications, joined October 8, 2026 as EVP Finance and will become CFO after the 10-Q filing. Amy Rothstein-Hovey also joined as General Counsel and will succeed Don Walther as Chief Legal Officer once the Gilat transaction closes.
Key figures
- Nyren Base Salary
- $425,000 annualized
- Nyren Bonus Target
- 75% of base salary
- Nyren Sign On Bonus
- $100,000
- Bondi Lump Sum Payments
- $500,000 and $300,000 in lieu of equity awards
- Bondi Severance Multiple
- 2.0x base salary plus target bonus
AI analysis
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