Penguin Solutions, Inc. announced that Mark Adams will retire as President and CEO, and that Kash Shaikh will take over the role effective February 2 2026. Shaikh, who spent more than three decades in technology leadership—including stints as President and CEO of Securonix, Virtana and a senior role at Dell Technologies—brings a proven track record of scaling AI‑centric businesses and expanding enterprise customer bases.
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Penguin Solutions, Inc. (NASDAQ: PENG) today announced that its SMART Modular NV‑CMM E3.S 2T non‑volatile memory module has achieved CXL 2.0 compliance and has been added to the CXL Consortium’s Integrators List. The milestone confirms that the module meets the industry’s interoperability standards for high‑bandwidth, low‑latency persistent memory, enabling it to be paired with a broad range of processors and accelerators in AI and data‑center environments.
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