Comtech CFO Michael Bondi to depart; Richard Nyren named as successor
Comtech said CFO Michael Bondi will leave after he files the first-quarter fiscal 2027 Form 10-Q, and Richard Nyren, now Executive Vice President, Finance, will become CFO at that point. The company tied the changes to the anticipated closing of the sale of most of its Satellite and Space Communications business to an affiliate of Gilat Satellite Networks, and it also named Amy Rothstein-Hovey as General Counsel. The filing says Bondi's departure is amicable and not the result of any disagreement on accounting, financial reporting or controls.
Key points
- Bondi remains CFO through the filing of the first-quarter fiscal 2027 Form 10-Q, currently anticipated by December 10, 2026
- Nyren, age 56, has an annualized base salary of $425,000, a 75% target bonus and a $100,000 sign-on bonus
- Bondi receives a lump sum severance of 2.0 times his base salary plus target bonus, plus $500,000 and $300,000 cash payments in place of certain equity awards
- Rothstein-Hovey joined as General Counsel on October 1, 2026, succeeding Don Walther, who remains through the S&S closing
The filing
Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 14, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.