Penguin Solutions Appoints Stephen Cumming as Senior Vice President and Chief Financial Officer to Support Accelerated Growth
Business Wire•06/10/2026•16:06 ET
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Key Highlights
- ➤Stephen Cumming appointed senior vice president and chief financial officer, effective immediately
- ➤Penguin separately reported fiscal 2026 results and raised its fiscal 2027 outlook
- ➤Cumming previously served as CFO of Edgio, Cambium Networks, and other companies
- ➤Aaron Johnson returns to vice president of finance and accounting after interim CFO role
Expert Statements
Kash Shaikh, President and CEO of Penguin Solutions
“We enter fiscal 2027 with strong AI-driven momentum, meaningful operating leverage, and a clear strategy to scale our AI Factory Platform business”
Kash Shaikh, President and CEO of Penguin Solutions
“We are pleased to welcome Stephen at this exciting time for Penguin. Stephen’s extensive public-company experience and track record of operational rigor will strengthen our executive leadership team as we drive disciplined execution, pursue durable, profitable growth and remain obsessed with our customers’ success.”
Stephen Cumming, Senior Vice President and Chief Financial Officer of Penguin Solutions
“I am excited to join Penguin Solutions at this important stage in its growth”
Stephen Cumming, Senior Vice President and Chief Financial Officer of Penguin Solutions
“The Company has built a differentiated position at the intersection of data center AI infrastructure and memory, with a significant opportunity ahead as customers scale production AI.”
Stephen Cumming, Senior Vice President and Chief Financial Officer of Penguin Solutions
“I look forward to partnering with Kash and the team as we aim to execute on this opportunity, scale the business efficiently with strong financial discipline, and help translate growth into sustainable earnings, cash flow, and long-term shareholder value.”
Penguin Solutions Appoints Stephen Cumming as Senior Vice President and Chief Financial Officer to Support Accelerated Growth
Penguin separately reports fourth quarter and fiscal 2026 results with multiple company records and raises full year fiscal 2027 outlook
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