8-K
filed August 1, 2022, 7:59 PM ET
ticker CMRC
CIK 0001626450
leadership
confidence high
sentiment positive
materiality 0.40
BigCommerce appoints Gilligan and Malhotra to board; McDonald and Murray resign
Commerce.com, Inc.
- Directors McDonald and Murray resigned July 29, 2022; no disagreement with company.
- Sally Gilligan (Gap Inc. Chief Growth Transformation Officer) and Satish Malhotra (CEO, The Container Store) appointed as Class II directors.
- Jeff Richards named lead independent director replacing Murray.
- Gilligan joins audit committee; Malhotra joins compensation committee.
- New directors receive $30k annual board retainer, committee fees, and prorated RSU grant valued ~$135k.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Satish Malhotra was appointed as Director at Commerce.com, Inc..
- Action
- appointed
- Role
- Director
Exact text from the filing
On July 29, 2022 the Board, upon the unanimous recommendation of the Company’s nominating and corporate governance committee, appointed Sally Gilligan and Satish Malhotra as members of the Board to fill the vacancies created by the resignation of Messrs. McDonald and Murray.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
John T. McDonald resigned as Director at Commerce.com, Inc..
- Action
- resigned
- Role
- Director
Exact text from the filing
On July 29, 2022, John T. McDonald and Steven Murray, each a member of the Board of Directors (the “ Board ”) of BigCommerce Holdings, Inc. (the “ Company ”), tendered their resignations, effective immediately, to the Company.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Sally Gilligan was appointed as Director at Commerce.com, Inc..
- Action
- appointed
- Role
- Director
Exact text from the filing
On July 29, 2022 the Board, upon the unanimous recommendation of the Company’s nominating and corporate governance committee, appointed Sally Gilligan and Satish Malhotra as members of the Board to fill the vacancies created by the resignation of Messrs. McDonald and Murray.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Steven Murray resigned as Director at Commerce.com, Inc..
- Action
- resigned
- Role
- Director
Exact text from the filing
On July 29, 2022, John T. McDonald and Steven Murray, each a member of the Board of Directors (the “ Board ”) of BigCommerce Holdings, Inc. (the “ Company ”), tendered their resignations, effective immediately, to the Company.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Jeff Richards was appointed as Lead Independent Director at Commerce.com, Inc..
- Action
- appointed
- Role
- Lead Independent Director
Exact text from the filing
On July 29, 2022 the Board unanimously resolved to appoint existing director Jeff Richards as lead independent director, which position was previously occupied by Mr. Murray.
View on SEC.gov
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