ServiceNow adopts new Executive Severance Policy for CEO, CFO, CHRO effective Jan 1, 2025

ServiceNow, Inc.

Bill McDermott (CEO) eligible for 2x base salary + target bonus upon change-in-control termination, with 24 months COBRA.
Other eligible execs (CFO Gina Mastantuono, CHRO Jaqueline Canney) get 1.5x base salary + target bonus on change-in-control termination.
Non-change-in-control severance: CEO gets 1x base salary + actual bonus; other execs also get 1x base salary.
Equity: full acceleration of unvested RSUs and performance-based RSUs on change-in-control; partial on non-change-in-control.

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