secwatch.observer — SEC 8-K summary
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Issuer:     Zoom Communications, Inc. (ZM)
CIK:        0001585521
Form:       8-K
Filed at:   2022-06-06T23:59:59+00:00
Accession:  0001193125-22-168345
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Zoom names Greg Tomb President; Azus and Pelosi no longer executive officers
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- Greg Tomb appointed President effective June 7, 2022; previously VP at Google Cloud and SAP executive.
- Ryan Azus and Janine Pelosi cease to be executive officers but retain duties and report to Tomb.
- Tomb receives $400K base salary, 8% target bonus, $45M RSUs vesting over 4 years.
- Severance includes 100% equity acceleration on change-in-control termination and 12-month acceleration otherwise.
- No material interest in transactions; standard indemnification agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1585521/000119312522168345/0001193125-22-168345-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1585521/000119312522168345/d319608d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-168345

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