On July 6, 2018, DocuSign, Inc. announced that Keith J. Krach notified his decision to resign as Chairman of the Board and a member of board of directors, effective as of January 1, 2019. In addition, on July 7, 2018, Scott Darling, Rory O'Driscoll and Jonathan Roberts each notified the company of his decision to resign as a member of board of directors and all committees thereof, effective as of August 29, 2018. On July 9, 2018, Thomas H. Gonser, Jr. notified the company of his decision to resign as a member of board of directors, effective as of December 31, 2018. Messrs. Darling, Gonser, Krach, O'Driscoll and Roberts each indicated that their decision to resign was not a result of any disagreement with the company on any matter relating to operations, policies or practices. In connection with the resignations, on July 10, 2018, board of directors appointed, effective as of August 29, 2018, each of Blake J. Irving, Steven Singh and Inhi Cho Suh to serve on board of directors, until his or her successor is elected and qualified, or sooner in the event of his or her death, resignation or removal. Mr. Irving joins the class of directors whose term expires at 2019 annual stockholders' meeting, Mr. Singh joins the class of directors whose term expires at the company 2020 annual stockholders' meeting and Ms. Suh joins the class of directors whose term expires at the company 2021 annual stockholders' meeting. Board of directors has determined that each of Mr. Irving, Mr. Singh and Ms. Suh meet the requirements for independence under the applicable listing standards of The Nasdaq Stock Market LLC and the Securities Exchange Act of 1934, as amended.
DocuSign, Inc. offers electronic signature product, enabling an agreement to be signed electronically on a variety of devices, from virtually anywhere in the world. The Company product offerings, include the electronic signature product, which allow organizations to do business faster with less risk and at a lower cost, while providing a better experience for customers. It also offers contract lifecycle management software that automates pre- and post-signature workflows. This includes automatically generating an agreement from data in other systems, supporting negotiation workflows, verifying identities, enabling remote online notarization, collecting payment after signatures, and using artificial intelligence (AI) to analyze a collection of agreements for risks and opportunities. Its products include eSignature, Contract Lifecycle Management (CLM), Gen for Salesforce, Identify and Monitor. Its Document Generation streamlines the process of generating new, custom agreements.