JFrog appoints Ed Grabscheid as CFO, effective Jan 1, 2024; Jacob Shulman departs

JFrog Ltd

Ed Grabscheid, current VP of Finance since 2019, promoted to CFO; succeeds Jacob Shulman who is leaving to pursue other opportunities.
Grabscheid's compensation: annual base salary $450,000, target bonus up to 50%, and RSUs valued at ~$2 million vesting over time.
Shulman will step back as CFO on Jan 1, 2024, and may stay as advisor for transition.
Company reiterates Q3 and full-year 2023 financial guidance previously issued on August 2, 2023.
Grabscheid has over 25 years of financial experience, previously CFO at Atlona and roles at Cisco, Intermolecular.

item 5.02 item 7.01 item 9.01

Executive movements

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Departed

Jacob Shulman

Chief Financial Officer

FROG · JFrog Ltd

Effective: 2024-01-01
Successor: Ed Grabscheid
Filed: September 28, 2023, 7:59 PM ET

Mr. Grabscheid will succeed Jacob Shulman, who will step back from his role as CFO when Mr. Grabscheid assumes the position of CFO, and may continue as an advisor

Appointed

Ed Grabscheid

Chief Financial Officer

FROG · JFrog Ltd

Effective: 2024-01-01
Filed: September 28, 2023, 7:59 PM ET

On September 28, 2023, JFrog Ltd. (the "Company") announced the appointment of Ed Grabscheid as the Chief Financial Officer ("CFO") of the Company, to be effective January 1, 2024

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Jacob Shulman departed as Chief Financial Officer at JFrog Ltd.

Action: step back
Role: Chief Financial Officer

Exact text from the filing

Mr. Grabscheid will succeed Jacob Shulman, who will step back from his role as CFO when Mr. Grabscheid assumes the position of CFO, and may continue as an advisor

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Ed Grabscheid was appointed as Chief Financial Officer at JFrog Ltd.

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

On September 28, 2023, JFrog Ltd. (the "Company") announced the appointment of Ed Grabscheid as the Chief Financial Officer ("CFO") of the Company, to be effective January 1, 2024

View on SEC.gov

JFrog Ltd filing history →

Source: SEC EDGAR

accession 0000950170-23-050464

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