Twilio appoints Aidan Viggiano as CFO; grants cash awards to execs, extends CEO severance plan

TWILIO INC

Aidan Viggiano to become CFO effective March 1, 2023; receives $2.75M target cash award.
Khozema Shipchandler and Elena Donio each receive $3M target cash award; Dana Wagner $1.5M.
CEO Severance Plan extended for 3 years; new Senior Executive Severance Plan approved for 3-year term.
Cash awards tied to 2023 non-GAAP operating profit targets; linear payout from threshold to target.
Severance benefits include lump sum cash (18 months base for CEO, 12 months for senior execs) and COBRA.

item 5.02 item 9.01

Executive movements

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Appointed

Aidan Viggiano

Chief Financial Officer

TWLO · TWILIO INC

Effective: 2023-03-01
Filed: February 23, 2023, 6:59 PM ET

Aidan Viggiano, who will become the Company’s Chief Financial Officer effective March 1, 2023

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Aidan Viggiano was appointed as Chief Financial Officer at TWILIO INC.

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

Aidan Viggiano, who will become the Company’s Chief Financial Officer effective March 1, 2023

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TWILIO INC filing history →

Source: SEC EDGAR

accession 0001193125-23-045159

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