F5 Adds Microsoft’s James Phillips to Board of Directors

Rhea-AI Summary

F5, Inc. has appointed James Phillips, President of Microsoft’s Digital Transformation Platform Group, to its board of directors effective January 5, 2022. His extensive expertise in technology and software, coupled with leadership experience, is expected to enhance F5's strategic direction. The board now comprises 11 members, with 10 being independent, highlighting a commitment to diversity and strong governance. Phillips’ insights will support F5’s growth, especially in digital transformation initiatives.

Positive

• James Phillips brings deep technology and software expertise.
• His appointment is expected to provide valuable insights for F5.
• F5's board now includes a diverse range of members, enhancing governance.

Negative

• None.

SEATTLE--(BUSINESS WIRE)-- F5, Inc. (NASDAQ: FFIV) today announced the appointment of James Phillips, President, Digital Transformation Platform Group at Microsoft, to its board of directors. Phillips, 55, joins F5’s board effective January 5, 2022, and will sit on F5’s Nominating and Environmental, Social and Governance (ESG) Committee.

James Phillips, President, Digital Transformation Platform Group at Microsoft (Photo: Business Wire)

“James’ deep technology and software expertise and his visibility into digital transformation trends on a global scale will bring valuable insights and perspectives for F5 and our board,” said Alan Higginson, chairman of the board of F5. “James also brings significant leadership, integration, and capital markets experience to the board, all valuable competencies as we continue to grow and scale F5.”

In his current role, Phillips leads Microsoft’s Digital Transformation Platform Group, a product development organization with more than 15,000 global team members. His team builds and operates Microsoft’s business applications and services; and the application, integration, data and intelligence platforms beneath them – collectively powering the digital transformation initiatives of some of the world’s largest organizations. His product portfolio includes Dynamics 365, Power Platform, Azure AI Platform, Azure Data Platform, and the Azure IoT Platform.

Phillips joined Microsoft in 2012 as a strategy advisor to Satya Nadella, then president of Microsoft’s Cloud and Enterprise division. Prior to joining Microsoft, Phillips co-founded and served as CEO of multiple software companies; held engineering, product management, corporate development, and marketing leadership roles at Intel, VMware, and Synopsys; and spent two years as a technology investment banker with UBS PaineWebber advising public and private software companies on M&A strategy and execution.

Phillips holds a BS in Mathematics from Louisiana State University and earned his MBA, with honors, from the University of Chicago Booth School of Business.

F5’s board is committed to adding strong new voices through transformation. With Phillips’ appointment, F5’s board expands to 11 members, 10 of whom are independent. F5 has a diverse board including three directors who are women, and an additional four directors that identify as racially or ethnically diverse, with one identifying as African American or Black, two identifying as Asian, and one identifying as Hispanic or Latinx.

About F5

F5 (NASDAQ: FFIV) is a multi-cloud application security and delivery company that enables our customers—which include the world’s largest enterprises, financial institutions, service providers, and governments—to bring extraordinary digital experiences to life. For more information, go to f5.com. You can also follow @F5 on Twitter or visit us on LinkedIn and Facebook for more information about F5, its partners, and technologies.

F5 is a trademark, service mark, or tradename of F5, Inc., in the U.S. and other countries. All other product and company names herein may be trademarks of their respective owners.

Source: F5, Inc.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220110005871/en/

Investors

Suzanne DuLong

+1 (206) 272-7049

s.dulong@f5.com



Media

Rob Gruening

+1 (206) 272-6208

r.gruening@f5.com

Source: F5, Inc.

FAQ

Who is James Phillips and what is his role?

James Phillips is the President of Microsoft's Digital Transformation Platform Group and has joined F5's board of directors.

When did James Phillips join F5's board?

James Phillips joined F5's board on January 5, 2022.

What experience does James Phillips bring to F5?

He has extensive experience in technology, leadership, and capital markets from his roles at Microsoft and other companies.

How does the board's composition change with Phillips' appointment?

With Phillips' appointment, F5's board expands to 11 members, 10 of whom are independent.

What are the expected impacts of Phillips' appointment on F5?

His insights into digital transformation are anticipated to drive F5’s strategic growth.