Keysight Technologies Appoints Scott Reese to Board; Board Size Increases

What Happened
Keysight Technologies, Inc. announced on August 26, 2026 that its Board of Directors approved an increase in board size from ten to eleven members and appointed Scott Reese to fill the new seat. Mr. Reese will serve as a Class I director with a term expiring at the 2027 Annual Meeting of Stockholders and has been assigned to the Audit and Finance and Nominating and Corporate Governance Committees. The Board determined Mr. Reese meets NYSE independence standards.

Key Details

• Effective date: August 26, 2026.
• Board size: increased from 10 to 11 directors.
• New director: Scott Reese, age 53; former President & CEO of GE Vernova Electrification Software and nearly two decades of senior roles at Autodesk.
• Term: Class I director, term expiring at the 2027 Annual Meeting.
• Committee assignments: Audit and Finance; Nominating and Corporate Governance.
• Compensation: Mr. Reese will receive one-half of the standard annual director cash and stock compensation for the plan year ending Feb 28, 2027.
• Other governance points: Company will enter its standard indemnification agreement with Mr. Reese; no related-person transactions requiring disclosure were reported.

Why It Matters
This filing is a governance update — it does not report financial results or management changes. Investors should note Keysight added a director with deep software, cloud platform, cybersecurity and simulation experience, which may strengthen board oversight in those strategic areas. Committee assignments (including the Audit and Finance Committee) give Mr. Reese a role in financial and governance oversight. Compensation and indemnification terms appear standard and the Company reported no related-party transactions tied to the appointment.