Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On September 25, 2012, Fortinet, Inc. (the "Company") appointed Nancy Bush, age
51, the Company's Vice President, Worldwide Corporate Controller, as interim
Chief Financial Officer, effective immediately. Ms. Bush had served as the
Company's Vice President, Worldwide Corporate Controller since December 2011.
From February 2009 until December 2011 Ms. Bush was the Vice President of
Finance at ArcSight, Inc., a security information management company that was
acquired by Hewlett-Packard in October 2010. Prior to joining ArcSight, from
December 2006 until July 2008, Ms. Bush was Vice President, Finance and
Corporate Controller at Packeteer, Inc. a provider of wide area network
optimization and traffic prioritization technologies that was acquired by Blue
Coat Systems, Inc. in June 2008. From February 2005 to December 2006, Ms. Bush
was Vice President, Corporate Controller, Principal Accounting Officer at
Maxtor, Inc., a supplier of information storage solutions that was acquired by
Seagate Technology in May 2006. Ms. Bush holds a B.B.A. in accounting from the
University of Georgia.
In connection with her appointment as interim Chief Financial Officer, Ms. Bush
will receive an increase in her annual base salary to $260,000.