---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-045159"
form_type: "8-K"
ticker: "TWLO"
cik: "0001447669"
company_name: "TWILIO INC"
filed_at: "2023-02-23T23:59:59+00:00"
generated_at: "2026-06-19T02:23:23.316905+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-23-045159
- form_type: 8-K
- ticker: TWLO
- cik: 0001447669
- company_name: TWILIO INC
- filed_at: 2023-02-23T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1447669/000119312523045159/0001193125-23-045159-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1447669/000119312523045159/d490360d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-045159
- JSON: https://secwatch.observer/filing/0001193125-23-045159.json
- Plain text: https://secwatch.observer/filing/0001193125-23-045159.txt

## Key facts
- Executive change
  Aidan Viggiano was appointed as Chief Financial Officer at TWILIO INC.
  - Action: appointed
  - Role: Chief Financial Officer
  source text: Aidan Viggiano, who will become the Company’s Chief Financial Officer effective March 1, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1447669/000119312523045159/0001193125-23-045159-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.