On December 11, 2012, the Board of Directors (the "Board") of Akamai Technologies, Inc. ("Akamai" or the "Company") took several actions relating to the leadership of the Company.

The Board elected F. Thomson Leighton, 56, to the position of President and Chief Executive Officer of the Company effective January 1, 2013. Dr. Leighton will continue to serve as a member of the Board. Dr. Leighton, a co-founder of the Company, has served as Akamai's Chief Scientist and as a director since August 1998. Dr. Leighton has also been a professor of Mathematics at the Massachusetts Institute of Technology since 1982; however, he will take a leave of absence upon assumption of his new position at Akamai. Dr. Leighton will initially continue to receive his current annual salary of $20,000, which has represented his annual compensation since 2002. The Compensation Committee of the Board is expected to review Dr. Leighton's compensation arrangements as part of its annual review of compensation for all executives in January 2013.

The Board accepted the previously-announced resignation of Paul Sagan as President and Chief Executive Officer effective as of January 1, 2013. Mr. Sagan will continue to serve as a member of the Board and as Senior Advisor to the Company.

The Board also approved promotions for the following individuals by electing them to the respective positions reflected below effective as of January 1, 2013:

Robert Hughes    President, Worldwide Operations
Rick McConnell  President, Products and Development
Robert Blumofe    EVP, Platform