Keysight Technologies appoints former Fortinet CFO to board

SANTA ROSA, Calif. - Keysight Technologies, Inc. (NYSE:KEYS), a $29.1 billion market cap company with a "FAIR" financial health rating according to InvestingPro, has appointed Keith Jensen to its Board of Directors, effective immediately, according to a company press release.

Jensen most recently served as Chief Financial Officer at Fortinet, a global provider of network security solutions, where he previously held the position of Chief Accounting Officer. His career spans over 40 years in finance and technology, including leadership roles as Chief Administrative Officer and Corporate Controller at DataDirect Networks, Chief Accounting Officer at Sybase, and Chief Financial Officer of Dorado Network Systems Corporation.

"We are pleased to welcome Keith to Keysight’s Board," said Ron Nersesian, Chair of the Keysight Board of Directors. "He has a wealth of relevant experience that will be valuable as we continue to drive long-term value creation."The timing is notable as Keysight is set to report its next earnings in just 4 days on November 24. InvestingPro data shows 3 analysts have revised their earnings upwards for the upcoming period.

Satish Dhanasekaran, President and Chief Executive Officer of Keysight, stated that the company is "well positioned to capitalize on market opportunities and the multiple waves of technology innovation underway."

Keysight Technologies, an S&P 500 company, provides design, emulation, and test solutions for the communications, industrial automation, aerospace and defense, automotive, semiconductor, and general electronics markets.

The appointment comes as the company continues its efforts to strengthen its board with experienced industry professionals.

In other recent news, Keysight Technologies has introduced several new systems aimed at enhancing manufacturing efficiency. The company unveiled the A90 Application-Specific Automated Test Suite, a flash programming solution designed to address bottlenecks in high-volume electronics manufacturing. Additionally, Keysight launched the next-generation i7090 Massively Parallel and Scalable Board Test System, which integrates multiple test methodologies into a single platform, thereby streamlining production workflows. In a significant development in cybersecurity, Armis announced that its cyber exposure technology can now run on Keysight’s Vision E1S network packet brokers, facilitating faster threat response and reduced infrastructure costs.

Furthermore, UBS initiated coverage on Keysight Technologies with a Buy rating, citing potential growth driven by advancements in AI, and set a price target of $220.00. The firm anticipates an inflection point in fiscal 2026, followed by accelerated growth in fiscal 2027. Keysight also achieved a milestone by validating the first 5G new radio non-terrestrial networks (NR-NTN) test cases under the PCS Type Certification Review Board for 3GPP Release 17. This validation positions Keysight as a leader in standards-based certification for satellite-enabled 5G networks.

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