Chairman elected for CA Technologies board of directors

CA Technologies (NASDAQ: CA) has announced that CEO Mike Gregoire has been elected as chairman of its board of directors, the company said.

Former chairman Art Weinbach retired from the board of directors, during the CA Technologies 2018 annual meeting of stockholders.

The CA board of directors also designated Rohit Kapoor to serve as the lead independent director of the board of directors.

As previously announced, on July 11, 2018, CA Technologies entered into a definitive agreement to be acquired by Broadcom Inc. Subject to customary closing conditions, the transaction is expected to close in the fourth calendar quarter of 2018.

CA Technologies (NASDAQ:CA) creates software that fuels transformation for companies and enables them to seize the opportunities of the application economy. Software is at the heart of every business in every industry. From planning, to development, to management and security, CA is working with companies worldwide to change the way we live, transact, and communicate — across mobile, private and public cloud, distributed and mainframe environments. Learn more at www.ca.com.