Personal wealth note: Equibles reports source-backed professional activity and disclosed compensation; it does not estimate personal net worth.
Earlier roles on record: CEO and Board Member at Penguin Solutions, Inc. (PENG) until February 1, 2026 and COO at Adaptive Biotechnologies Corp (ADPT) until April 11, 2023. Penguin Solutions, Inc. reported in an 8-K filed February 2, 2026 that Mark Adams resigned as member of the Board, effective February 1, 2026. Penguin Solutions, Inc. reported in an 8-K filed February 2, 2026 that Mark Adams retired as President and Chief Executive Officer, effective February 1, 2026. Adaptive Biotechnologies Corp reported in an 8-K filed April 11, 2023 that Mark Adams was terminated as Chief Operating Officer. The proxy statement of Penguin Solutions, Inc. reports total compensation of $11,711,497 for Mark Adams in fiscal 2025, including a base salary of $890,000. Disclosed compensation is on record for 3 fiscal years. Mark Adams has spoken on 22 earnings calls across 1 company, most recently for Penguin Solutions, Inc. on January 6, 2026.
“On January 30, 2026, Mark Adams notified the board of directors (the “Board”) of Penguin Solutions, Inc. (together with its subsidiaries, the “Company”) of his retirement and resigned from his position as President and Chief Executive Officer of the Company and resigned as a member of the Board, effective February 1, 2026.”
“On January 30, 2026, Mark Adams notified the board of directors (the “Board”) of Penguin Solutions, Inc. (together with its subsidiaries, the “Company”) of his retirement and resigned from his position as President and Chief Executive Officer of the Company and resigned as a member of the Board, effective February 1, 2026.”
Summary generated from SEC filings and earnings-call records held by Equibles.
Recorded current and former roles; source labels appear when available.
2020-01-01–2026-02-01
2020-01-01–2026-02-01
Proxy statement
Start not stated–2020-04-24
Last confirmed by a filing; no departure on record
Start not stated–2026-02-01
Start not stated–2023-04-11
Start not stated–2023-04-11
Start not stated–2026-02-01
Recorded roles and call appearances connecting this person to public companies.
CEO, Board Member
2020-01-01–2026-02-01
Compensation components disclosed in company proxy statements. Amounts are nominal USD; total is the company-reported figure.
| Fiscal year | Company | Role | Salary | Total |
|---|---|---|---|---|
| 2025 | Penguin Solutions, Inc. (PENG) | President and Chief Executive Officer | $890,000 | $11,711,497 |
| 2024 | Penguin Solutions, Inc. (PENG) | President and Chief Executive Officer | $750,000 | $5,998,416 |
| 2023 | Penguin Solutions, Inc. (PENG) | President and Chief Executive Officer | $750,000 | $3,214,342 |
Earnings-call and investor-event appearances, plus filed executive appointments or departures, newest first.
