secwatch.observer — SEC 8-K summary
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Issuer:     Airbnb, Inc. (ABNB)
CIK:        0001559720
Form:       8-K
Filed at:   2023-12-08T23:59:59+00:00
Accession:  0001193125-23-291772
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Airbnb announces CFO transition; Ellie Mertz to become CFO; Catherine Powell to depart
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- Catherine Powell, Global Head of Hosting, will depart on June 30, 2024; retention agreement provides base salary and vesting through departure.
- Dave Stephenson named Chief Business Officer effective Jan 1, 2024; will serve as both CFO and CBO until March 1, 2024.
- Ellie Mertz appointed CFO effective March 1, 2024; salary $600k, target bonus 75%, granted 16,160 RSUs.
- Stephenson granted 4,040 RSUs vesting quarterly over 4 years for his new role.
- Mertz previously VP of Finance at Airbnb, earlier at Netflix; also sits on boards of Faire and DoorDash.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1559720/000119312523291772/0001193125-23-291772-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1559720/000119312523291772/d636215d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-291772

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