On April 21, 2017, Clyde Hosein delivered notice to RingCentral, Inc. that he will resign as the company's Executive Vice President and Chief Financial Officer, effective as of the day following the date on which the company files its quarterly report on Form 10-Q for the three months ended March 31, 2017. Mr. Hosein will remain employed in a non-executive role until the end of May 2017 in order to, among other things; assist in the transition of his responsibilities. On April 21, 2017, the company's Board of Directors appointed Mitesh Dhruv, the company's current Senior Vice President, Finance and Strategy, to serve as Chief Financial Officer, effective as of the same date as Mr. Hosein's resignation.

Mr. Dhruv, has served with the Company since April 2012 in a variety of positions, including most recently as Senior Vice President, Finance and Strategy since October 2015. From September 2014 to October 2015, he served as the company's Vice President, Finance and Corporate Controller.