secwatch.observer — SEC 8-K summary
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Issuer:     8X8 INC /DE/ (EGHT)
CIK:        0001023731
Form:       8-K
Filed at:   2023-06-06T23:59:59+00:00
Accession:  0001023731-23-000074
Event type: leadership
Sentiment:  positive
Materiality: 0.65
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

8x8 appoints Kevin Kraus as permanent CFO, effective June 5, 2023
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- Kraus had served as interim CFO since November 2022; now permanent.
- Annual base salary of $420,000; target cash bonus of 65% of base.
- Awarded RSUs valued at $1,105,500 vesting over three years and PSUs.
- Kraus previously served as SVP of Finance; no family relationships or material interests.
- CEO Samuel Wilson cited Kraus's operational efficiency and strategic insight.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1023731/000102373123000074/0001023731-23-000074-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1023731/000102373123000074/eght-20230605.htm
  HTML page:      https://secwatch.observer/filing/0001023731-23-000074

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer