8-K filed June 22, 2022, 7:59 PM ET ticker DOCU CIK 0001261333

leadership confidence high sentiment neutral materiality 0.75

DocuSign CEO Dan Springer resigns; chair Maggie Wilderotter named interim CEO

DOCUSIGN, INC.

Dan Springer resigns as President and CEO, effective June 20, 2022; COO Scott Olrich also resigns.
Board Chair Mary Agnes 'Maggie' Wilderotter appointed interim CEO; Peter Solvik named Lead Independent Director.
Interim CEO compensation: $734,000 annual base salary, monthly $67,283 service bonus, ~$4.55M RSU award.
Enhanced severance for CFO Gaylor, President Shute, and Chief Legal Officer Shaughnessy for 12 months after resignation.
Board retained a national executive search firm to find a permanent CEO.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Scott Olrich

Chief Operating Officer

DOCU · DOCUSIGN, INC.

Effective: 2022-06-20
Filed: June 22, 2022, 7:59 PM ET

accepted the resignation of Scott Olrich, the Company’s Chief Operating Officer, effective June 20, 2022

Appointed

Peter Solvik

Lead Independent Director

DOCU · DOCUSIGN, INC.

Effective: 2022-06-16
Filed: June 22, 2022, 7:59 PM ET

appointed Peter Solvik, a Class III director, to serve as the Company’s Lead Independent Director, effective as of June 16, 2022

Departed

Dan Springer

President and Chief Executive Officer

DOCU · DOCUSIGN, INC.

Effective: 2022-06-20
Successor: Mary Agnes "Maggie" Wilderotter
Filed: June 22, 2022, 7:59 PM ET

accepted the resignation of Dan Springer from his position as the Company’s President and Chief Executive Officer, effective June 20, 2022

Appointed (interim)

Mary Agnes "Maggie" Wilderotter

interim President and Chief Executive Officer

DOCU · DOCUSIGN, INC.

Effective: 2022-06-20
Filed: June 22, 2022, 7:59 PM ET

appointed Mary Agnes “Maggie” Wilderotter, a Class III director and Board Chair, as the Company’s interim President and Chief Executive Officer (the “Interim CEO”), effective as of the CEO Effective Date

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Scott Olrich resigned as Chief Operating Officer at DOCUSIGN, INC..

Action: resigned
Role: Chief Operating Officer

Exact text from the filing

accepted the resignation of Scott Olrich, the Company’s Chief Operating Officer, effective June 20, 2022

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Peter Solvik was appointed as Lead Independent Director at DOCUSIGN, INC..

Action: appointed
Role: Lead Independent Director

Exact text from the filing

appointed Peter Solvik, a Class III director, to serve as the Company’s Lead Independent Director, effective as of June 16, 2022

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Dan Springer resigned as President and Chief Executive Officer at DOCUSIGN, INC..

Action: resigned
Role: President and Chief Executive Officer

Exact text from the filing

accepted the resignation of Dan Springer from his position as the Company’s President and Chief Executive Officer, effective June 20, 2022

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Mary Agnes "Maggie" Wilderotter was appointed as interim President and Chief Executive Officer at DOCUSIGN, INC..

Action: appointed
Role: interim President and Chief Executive Officer

Exact text from the filing

appointed Mary Agnes “Maggie” Wilderotter, a Class III director and Board Chair, as the Company’s interim President and Chief Executive Officer (the “Interim CEO”), effective as of the CEO Effective Date

View on SEC.gov

DOCUSIGN, INC. filing history →

Source: SEC EDGAR

accession 0001261333-22-000118

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