8-K - CALX - Equibles

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 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): August 5, 2020

CALIX, INC.

(Exact name of Registrant as specified in its charter)

Delaware	001-34674	68-0438710
(State or other jurisdiction<br>of incorporation)	(Commission<br>File No.)	(I.R.S. Employer<br>Identification No.)
2777 Orchard Parkway, San Jose, California			95134
(Address of principal executive offices)			(Zip Code)	(408) 514-3000
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(Registrant’s telephone number, including area code)		Not Applicable
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(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:

| ☐ | 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	Name of Each Exchange on Which Registered
Common Stock, par value $0.025 per share	CALX	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). o

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On August 5, 2020, Calix, Inc. (the “Company”) promoted and appointed Michael Weening, age 52, to the position of Executive Vice President and Chief Operating Officer of the Company effective August 5, 2020.

Mr. Weening joined Calix in June 2016 and previously served in executive roles as the Company’s Executive Vice President, Global Operations since January 2019, as Executive Vice President, Field Operations from July 2018 until January 2019, as Executive Vice President, Sales and Marketing from November 2016 until June 2018 and as Executive Vice President, Sales from June 2016 until November 2016. Prior to joining Calix, Mr. Weening served as Senior Vice President, Global Customer Success and Services, Commercial Business of salesforce.com, inc.

There is no arrangement or understanding between Mr. Weening and any other persons pursuant to which Mr. Weening was selected as an officer, and there are no related party transactions involving Mr. Weening that are reportable under Item 404(b) of Regulation S-K.

Item 7.01 Regulation FD Disclosure.

A copy of the Company’s press release, dated August 5, 2020, announcing the promotion and appointment of Mr. Weening is furnished as Exhibit 99.1 hereto and is incorporated by reference herein.

The information contained in Item 7.01 and the exhibit attached hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.	Description
99.1	Press Release dated August 5, 2020 announcing promotion and appointment.

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.

Date:	August 5, 2020	CALIX, INC.
		By:	/s/ Suzanne Tom
			Suzanne Tom
			SVP, General Counsel

Document

Calix Press Release	Page 1

Exhibit 99.1

Calix Announces Michael Weening as Chief Operating Officer

Accelerating growth through the power of the Intelligent Access EDGE and Revenue EDGE solutions

SAN JOSE, CA – August 5, 2020 – Calix, Inc. (NYSE: CALX) today announced Michael Weening’s promotion to EVP and COO. In his new role, Michael adds Revenue EDGE solutions to his existing responsibilities leading sales, marketing, services, customer success and product operations. “Michael joined in 2016 and has been instrumental in building our field teams to maximize the opportunity that our cloud and software platforms create.” said Carl Russo, President and CEO of Calix. “As we accelerate, strong aligned execution will be key. Michael has demonstrated his vision, leadership skill and commitment to building teams that deliver business transformation for our customers and we look forward to the team accelerating our growth under his leadership.”

Michael joined Calix from Salesforce where he was senior vice president of Global Customer Success and Services, Commercial Business, holding roles in Asia and North America. Previously, Michael held senior leadership roles at Bell Mobility and Microsoft in Europe and North America. Michael holds a BA from Brock University.

“I am excited to have the opportunity to help lead this next stage of Calix’s growth.” said Michael Weening, EVP and COO for Calix. “Over the last decade Calix has been building our Intelligent Access EDGE and Revenue EDGE solutions that enable our customers to innovate at a pace never before seen in our industry. These solutions are enabling hundreds of service providers of all sizes and types to build the most advanced and lowest-opex fiber network in the world while also delivering the ultimate subscriber experience. This enables our customers to transform the way they do business at a critical time as society is being reshaped by the need to work and learn from home. I look forward to supporting the teams that are making those business transformations happen every single day.”

About Calix

Calix, Inc. (NYSE: CALX) - Innovative communications service providers rely on Calix platforms to help them master and monetize the complex infrastructure between their subscribers and the cloud. Calix is the leading global provider of the cloud and software platforms, systems, and services required to deliver the unified access network and smart premises of tomorrow. Our platforms and services help our customers build next generation networks by embracing a DevOps operating model, optimize the subscriber experience by leveraging big data analytics and turn the complexity of the smart, connected home and business into new revenue streams.

This press release may contain forward-looking statements that are based upon management's current expectations and are inherently uncertain. Forward-looking statements are based upon information available to us as of the date of this release, and we assume no obligation to revise or update any such forward-looking statement to reflect any event or circumstance after the date of this release, except as required by law. Actual results and the timing of events could differ materially from current expectations based on risks and uncertainties affecting Calix’s business. The reader is cautioned not to rely on the forward-looking statements contained in this press release. Additional information on potential factors that could affect Calix's results and other risks and uncertainties are detailed in its quarterly reports on Form 10-Q and Annual Report on Form 10-K filed with the SEC and available at www.sec.gov.

Press Inquiries:	Investor Inquiries:
Dale Legaspi	Thomas J. Dinges, CFA
408-474-0056	408-474-0080
dale.legaspi@calix.com	tom.dinges@calix.com