---
schema_version: "secwatch.filing_event.v1"
accession: "0001373715-25-000335"
form_type: "8-K"
ticker: "NOW"
cik: "0001373715"
company_name: "ServiceNow, Inc."
filed_at: "2025-12-23T23:59:59+00:00"
generated_at: "2026-05-16T12:14:16.615068+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# ServiceNow CEO Bill McDermott commits to stay through at least 2030; severance policy updated

## Summary
- Amendment effective Jan 1, 2026: McDermott will serve through Dec 31, 2030 as CEO, co-CEO, Exec or Non-Exec Chairman at Board discretion.
- In CEO/co-CEO role total comp tied to peer-group performance; as Exec Chairman comp commensurate with responsibilities.
- Severance on CIC termination: 2x base salary+target bonus, COBRA 24 months, full vesting of unvested RSUs and PRSUs (at actual).
- Retirement after age 65: pro-rata vesting of time-based RSUs from awards granted >=1 yr prior; unvested PRSUs vest at actual at end of period.
- Death triggers full vesting of all unvested RSUs and PRSUs at target; Disability provides continued vesting based on actual performance.

## SEC filing metadata
- accession: 0001373715-25-000335
- form_type: 8-K
- ticker: NOW
- cik: 0001373715
- company_name: ServiceNow, Inc.
- filed_at: 2025-12-23T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1373715/000137371525000335/0001373715-25-000335-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1373715/000137371525000335/now-20251223.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001373715-25-000335
- JSON: https://secwatch.observer/filing/0001373715-25-000335.json
- Plain text: https://secwatch.observer/filing/0001373715-25-000335.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.