- Push-out Score determined
- After around eight years in the position
- Accolades and praise for Nersesian
- Satish Dhanasekaran taking over
- Nersesian will remain as Executive Chairman at Keysight
- Nersesian spoke at length and said 133 words
(exechange) — Santa Rosa, California, February 24, 2022 — Ron Nersesian, chief executive of Keysight, leaves his position. As announced by Keysight Technologies Inc. in a news release and in a regulatory filing published on Thursday, February 24, 2022, Ronald S. (Ron) Nersesian leaves his post as chief executive officer at the company that manufactures electronics test and measurement equipment and software, after around eight years in the role, effective May 1, 2022.
Ron Nersesian’s duties as CEO will be taken over by Satish Dhanasekaran, currently Chief Operating Officer at Keysight Technologies Inc.
“The clear choice to lead Keysight”
Ron Nersesian’s departure from the CEO post is explained as follows. Nersesian said: “Through the Board’s succession planning process, Satish’s market expertise, strategic insight, and high-performance track record made him the clear choice to lead Keysight.”
Nersesian will remain as Executive Chairman at Keysight
“Ron Nersesian, current President and Chief Executive Officer of Keysight, will be retiring after a long and successful career with the company, but will continue as Executive Chairman of the Board,” Keysight said.
Keysight said: “On February 22, 2022, Ron Nersesian notified the Keysight Technologies Inc. (the Company”) Board of Directors (the “Board”) of his intent to retire as the President, Principal Executive Officer and Chief Executive Officer of the Company effective May 1, 2022.”
Share price increase since February 2017
The announcement follows an increase in Keysight Technologies Inc.’s share price of 318% since February 2017.
In the position of CEO since 2013
Ron Nersesian became CEO of the Company in 2013.
Nersesian has served as the Chair of the Board since November 1, 2019 and as President, Chief Executive Officer and Director of Keysight since December 2013.
In September 2013, Agilent announced that Nersesian would be appointed Chief Executive Officer of Keysight upon separation of the companies.
From September 2013 through separation, Nersesian served as served as Executive Vice President of Agilent.
Nersesian served as President of Agilent from November 2012 to September 2013 and as Chief Operating Officer, Agilent from November 2011 to September 2013.
From November 2011 to November 2012, Nersesian served as Agilent’s Executive Vice President and Chief Operating Officer.
He served as Senior Vice President, Agilent, and President, Electronic Measurement Group from March 2009 to November 2011.
Prior to that time, Nersesian held a variety of senior management roles at Agilent, LeCroy Corporation and HP.
Nersesian holds a Bachelor of Science degree in electrical engineering from Lehigh University and an MBA from New York University, Stern School of Business.
Nersesian self-identifies as a white male.
Push-out Score determined
The Push-out Score™ determined by exechange gauges the pressure surrounding Ron Nersesian’s move on a scale of 0 to 10.
exechange reached out to Keysight and offered the company the opportunity to comment on the score.
Read the full story in the exechange report 9.2022 ($).