<p>Penguin Solutions Inc. has announced that Mark Adams will retire as President and CEO, as well as Director of the company. Kash Shaikh has been appointed as the new President, CEO, and Director, effective February 2, 2026. Adams will remain with the company as an advisor for nine months to support the transition. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Penguin Solutions Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260202585013) on February 02, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)</p>

PENG

<p>Penguin Solutions Inc. has announced the retirement of Mark Adams as President and CEO, with Kash Shaikh appointed as the new President, CEO, and Director, effective February 2, 2026. Adams will assist as an advisor for nine months during the transition.</p>

Penguin Solutions Names Kash Shaikh as New CEO