leadership
confidence high
sentiment neutral
materiality 0.75
Five9 appoints Amit Mathradas as CEO effective Feb 2, 2026; Michael Burkland steps down
Five9, Inc.
- Amit Mathradas to become CEO and Class III director on Feb 2, 2026; Michael Burkland ceases as CEO on that date.
- Mathradas previously CEO of Nintex USA (workflow automation) since March 2023.
- Base salary of $600,000, target annual bonus of 100% of salary, $550,000 sign-on bonus.
- Equity awards: $12.5M RSU (time-vesting) and $14.0M target PRSU (performance-based, relative TSR vs S&P Software index).
- Mathradas also receives corporate housing, auto, and travel reimbursement during an 18-month transition period.