leadership
confidence high
sentiment neutral
materiality 0.65
Five9 appoints Amit Mathradas CEO effective Feb 2, 2026; Burkland to Chairman then consultant
Five9, Inc.
- Amit Mathradas appointed CEO effective Feb 2, 2026; Michael Burkland remains CEO until that date.
- Burkland will serve as Chairman of the Board until 2026 annual meeting, then one-year consulting role.
- Burkland retains base salary of $585k, bonus eligibility, and continued vesting of RSUs/PRSUs.
- No new equity awards for Burkland; change-in-control triggers accelerated vesting of outstanding equity.
- Burkland will not be nominated for re-election at 2026 annual meeting; board to appoint independent Chairman.