Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
(b) On December 13, 2021, Germaine Cota notified 8x8, Inc. ("8x8", or the
"Company") of her decision to resign as Chief Accounting Officer ("CAO"),
effective January 17, 2022 (the "Separation Date"). It is expected that Ms. Cota
will continue to perform her duties as CAO until that date. Ms. Cota's decision
to resign is not related to any disagreement with the Company on any matter
relating to the Company's accounting, strategy, management, operations,
policies, regulatory matters, or practices (financial or otherwise). A formal
search for Ms. Cota's successor is underway.
The Company and Ms. Cota expect to enter into a consulting arrangement pursuant
to which Ms. Cota will make herself available to consult with the Company
through February 18, 2022, during which time the Company expects to file its
quarterly report on Form 10-Q for the period ended December 31, 2021.
(c) Effective the Separation Date, Samuel Wilson, Chief Financial Officer of the
Company, will be appointed to the role of principal accounting officer.
As the Company's Chief Financial Officer, Mr. Wilson is responsible for leading
the Company's financial strategy and overseeing the Company's accounting and
financial reporting, planning, tax and treasury functions, as well as
investments in the Company's SaaS platform and future growth. Before serving as
the Company's Chief Financial Officer, Mr. Wilson served as Chief Customer
Officer and Managing Director of EMEA from January 2020 to June 2020, with
responsibility for the Company's complete customer lifecycle globally, including
professional services, implementation, customer support and the enablement teams
and, while based in London, managing the Company's strategic business
initiatives and expansion into the United Kingdom and Europe. Mr. Wilson joined
the Company in 2017 as Senior Vice President responsible for eCommerce, global
small business, and U.S. mid-market sales. Prior to joining 8x8, Mr. Wilson
served as VP Finance for MobileIron, an enterprise software security company,
from 2011 until 2017 with responsibilities for financial planning and analysis,
investor relations, and treasury functions as well as eCommerce. Mr. Wilson is a
Chartered Financial Analyst and a former top-rated Wall Street analyst. He holds
a bachelor's degree in electrical engineering from Seattle University and an MBA
from the University of California, Berkeley.
No new compensatory agreements were entered into with Mr. Wilson in connection
with his appointment as principal accounting officer. Mr. Wilson does not have
any family relationship with any director or executive officer of the Company,
and except for his existing compensatory agreements with the Company, he has no
direct or indirect material interest in any transaction required to be disclosed
pursuant to Item 404(a) of Regulation S-K.
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