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AI brief of an SEC Form 8-K · Palo Alto Networks (PANW)

Palo Alto Networks adds Mark Goodburn to board; director Mary Pat McCarthy to retire

Neutral Impact 3 of 5 leadership Written later

Palo Alto Networks appointed Mark Goodburn, former Chairman and Global Head of Advisory of KPMG International, as a director, and he will chair the Audit Committee. Director Mary Pat McCarthy, who had chaired the Audit Committee, will retire effective January 23, 2026. The filing covers board composition and committee leadership only and contains no financial results.

Key points

  • Mark Goodburn appointed to the Board on November 18, 2025, as a Class I director with a term expiring at the 2027 annual meeting, and named Audit Committee chair
  • Initial restricted stock unit award valued at approximately $1,000,000, expected to be granted on or around December 10, 2025
  • Mary Pat McCarthy stepped down as Audit Committee chair effective November 18, 2025 and retires from the Board effective January 23, 2026, citing strictly personal reasons

The filing

CompanyPalo Alto Networks (PANW)
Form8-K, current report
Filed with the SECNov 19, 2025, 4:20 PM ET
Accession number0001193125-25-288132

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 2:16 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 November 19, 2025.

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.