Nabil Bukhari
INSEEGOAbout Nabil Bukhari
Independent, non-employee director of Inseego Corp. (INSG), appointed October 30, 2025; currently President of AI Platforms and Chief Technology Officer at Extreme Networks (EXTR), where he oversees product development, engineering, the company’s subscription business, and integration of AI into networking products. His board tenure at INSG began with an initial RSU grant; the Board determined he is independent under Nasdaq rules, and there are no related-party transactions disclosed with him. His domain expertise spans wireless networking, SaaS platforms, and AI-enabled network operations .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Inseego Corp. (Nasdaq: INSG) | Independent Director | Appointed Oct 30, 2025 | No committee assignments as of appointment; independent under Nasdaq rules; indemnification agreement executed; standard non-employee director compensation applies . |
| Extreme Networks (Nasdaq: EXTR) | President of AI Platforms & Chief Technology Officer | Current (dates not disclosed) | Leads product development, engineering, and subscription business; focused on embedding AI into networking products . |
External Roles
| Category | Organization | Role | Notes |
|---|---|---|---|
| Public company board(s) | — | — | No other public company directorships disclosed for Bukhari in INSG filings . |
| Executive position | Extreme Networks (EXTR) | President of AI Platforms & CTO | Senior operating role with AI/SaaS/networking scope . |
Board Governance
- Independence and appointment: The Board determined Bukhari is “independent” per Nasdaq rules; appointed to fill a new seat effective Oct 30, 2025; no arrangements/understandings for his appointment; no related-party transactions requiring disclosure .
- Committee assignments: None as of appointment. INSG’s standing committees are Audit, Compensation, and Nominating & Corporate Governance; current committee leadership includes Audit Chair and Compensation Chair: Jeffrey Tuder; Nominating & Corporate Governance Chair: James B. Avery .
- Board leadership: Chair of the Board is independent director Jeffrey Tuder (appointed Chair in Feb 2025) .
- Attendance: 2024 context—Board met 14 times, all incumbent directors attended ≥75% of meetings (Bukhari joined in late 2025; no attendance data yet) .
Fixed Compensation
| Component | Amount | Details |
|---|---|---|
| Board annual cash retainer (member) | $40,000 | Prorated if partial year; standard non-management director policy . |
| Board Chair cash retainer (independent) | $80,000 | Not applicable to Bukhari unless designated Chair . |
| Audit Committee | Chair $20,000; Member $10,000 | Applies if/when appointed . |
| Compensation Committee | Chair $14,000; Member $6,000 | Applies if/when appointed . |
| Nominating & Corporate Governance Committee | Chair $10,000; Member $5,000 | Applies if/when appointed . |
| Retainer payment election | Equity alternative | As of Sept 10, 2025, non-management directors may elect to receive all or part of cash retainers in immediately-vested common stock paid quarterly in arrears . |
Performance Compensation
| Award type | Grant sizing | Vesting | Performance metrics |
|---|---|---|---|
| Initial RSU grant upon joining Board | $145,000 grant date fair value | Vests in three equal annual installments beginning on the first anniversary of the grant date | None disclosed (time-based only) . |
| Annual RSU grant (for ongoing service) | $125,000 grant date fair value | Vests in full on first anniversary of grant date | None disclosed (time-based only) . |
No director PSUs, options, or performance-conditional metrics are disclosed for non-management directors; equity awards are time-based .
Other Directorships & Interlocks
- None disclosed for Bukhari; his only disclosed external role is as an executive at Extreme Networks (EXTR) .
- No related-party transactions involving Bukhari were disclosed upon appointment; Board determined independence under Nasdaq rules .
Expertise & Qualifications
- Technical and product leadership in enterprise networking, SaaS business models, and AI integration (leads AI platform strategy, product development and subscription business at Extreme Networks) .
- Strategic fit cited by INSG: experience across carriers, enterprise networking, software, AI, and operational scale aligns with INSG’s 5G/FWA and cloud-managed solutions strategy .
Equity Ownership
| Item | Status/Details |
|---|---|
| Beneficial ownership (as of Jun 30, 2025) | Not listed in Security Ownership table (pre-appointment snapshot) . |
| Initial director equity | RSUs with $145,000 value upon joining; 3-year annual vesting; grant at or shortly after Oct 30, 2025 . |
| Hedging/Pledging | Prohibited for directors and executive officers under INSG Insider Trading Policy . |
| Director stock ownership guidelines | None established; Board encourages ownership but has no formal guidelines . |
Governance Assessment
-
Positives
- Independent director with deep AI/SaaS/networking operating experience that supports INSG’s strategic shift to enterprise FWA and software-managed connectivity .
- Clean appointment profile: no related-party transactions; standard indemnification agreement; same pay as other non-employee directors .
- Alignment levers: initial RSU grant and ability to take retainers in stock can increase ownership alignment; hedging/pledging ban supports alignment quality .
-
Watch items / RED FLAGS
- Potential competitive overlap: Bukhari’s executive role at Extreme Networks (EXTR) operates in enterprise networking and subscription platforms; investors should monitor for any competitive conflicts or recusal needs as INSG expands enterprise software/network offerings (fact base: EXTR role and INSG strategy) .
- No formal director ownership guidelines: absence of required ownership multiples may weaken long-term alignment relative to best practice (policy explicitly states no guidelines) .
- No committee assignment yet: limits immediate committee-level influence (Audit/Comp/NomGov) and makes it harder to assess committee effectiveness contributions in the near-term .
Say-on-Pay & Shareholder Feedback (context)
| Vote | For | Against | Abstain | Broker Non-Votes |
|---|---|---|---|---|
| 2025 Say-on-Pay (Advisory) | 6,220,265 | 228,420 | 72,414 | 3,953,451 |
| 2024 Say-on-Pay Approval | 95.8% of votes cast supported (from prior year disclosure) | — | — | — |
Strong recent say-on-pay outcomes indicate generally supportive shareholder sentiment toward compensation governance .
Related Party Transactions (context for conflicts oversight)
- INSG disclosed 2024-2025 related-party financings with entities affiliated with directors/stockholders (Golden Harbor/Tavistock; North Sound/Brian Miller), including loans, exchanges, warrants, and note interest—none involve Bukhari. These were reviewed under the Audit Committee’s related-party policy .
- The Board’s Insider Trading Policy prohibits pledging/hedging by directors; Audit Committee oversees related-party reviews .
Compensation Committee Analysis (context)
- 2024 Compensation Committee members were independent directors; chaired by Jeffrey Tuder; remit includes director and executive pay oversight; committee met eight times in 2024 .
- No use of a named independent compensation consultant is disclosed in the proxy; no director-specific performance metrics are used for equity awards .
Summary Implications for Investors
- Bukhari likely enhances board technology depth in AI/SaaS/networking—incrementally positive for execution in enterprise FWA and cloud-managed connectivity .
- His concurrent senior role at Extreme Networks introduces potential competitive-overlap optics; robust recusal and confidentiality controls will be important to maintain investor confidence .
- Alignment is supported by RSUs and elective stock retainers; absence of formal ownership guidelines is a governance gap relative to peers .