8X8, Inc. Announces Board Changes, Effective December 10, 2020
December 10, 2020 at 08:38 am EST
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On December 9, 2020, the Board of Directors of 8x8, Inc. approved the following changes to the Company’s executive management team and Board: Effective December 10, 2020, David Sipes was appointed Chief Executive Officer (the “CEO”) and a member of the Company’s Board. Mr. Sipes will continue to serve on the Board as long as he continues to be CEO of the Company. As an employee-director, Mr. Sipes will not serve on any committees of the Board. Mr. Sipes, 53, recently completed a twelve-year tenure at RingCentral, Inc., where he served in a number of senior leadership roles including most recently chief operating officer for the last five years. He has extensive management, marketing and strategic experience relevant to the Company and also held a variety of executive roles with companies such as Branders.com and Booz Allen Hamilton. Effective December 10, 2020, Vik Verma, the current CEO and a member of the Board, will leave his position as CEO of the Company and resign from the Company’s Board. Mr. Verma will remain as a non-executive employee through April 15, 2021, to assist with the transition of his duties, unless his employment is terminated earlier by either party. Mr. Bryan R. Martin, who has served as the Chairman of the Board (the “Chairman”) since 2003, will transition the Chairman role to Mr. Jaswinder Pal Singh effective as of December 10, 2020. Mr. Martin will continue to serve as a member of the Board and continue his role as Chief Technology Officer of the Company. Mr. Singh, 56, has served as a Director of the Company since October 2013 and has served as Lead Independent Director since May 2019. Mr. Singh is expected to continue his service to the Compensation Committee and the Governance and Nominating Committee.
8x8, Inc. is a provider of software-as-a-service solutions for contact centers, voice communications, video meetings, employee collaboration, and embeddable communication application programming interfaces (API). The Companyâs communications platform solutions comprise the 8x8 XCaaS platform, which is a configurable cloud communications platform that includes solutions for contact center, voice communications, team chat and collaboration, video meetings, embeddable communication APIs, and AI-based analytics. The Companyâ s integrated technology platform includes 8x8 Work, 8x8 Contact Center, 8x8 Contact Center, and 8x8 X Series. Its 8x8 Work is an end-to-end United Communications as a service (UCaaS) solution that delivers enterprise-grade voice with public switched telephone network (PSTN) connectivity, secure video meetings, and unified messaging including direct messages, public and private team messaging rooms, and short and multimedia services.
8X8, INC. 
