---
schema_version: "secwatch.filing_event.v1"
accession: "0001384905-23-000036"
form_type: "8-K"
ticker: "RNG"
cik: "0001384905"
company_name: "RingCentral, Inc."
filed_at: "2023-08-08T23:59:59+00:00"
generated_at: "2026-06-12T01:20:46.514845+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# RingCentral appoints Tarek Robbiati as CEO; Shmunis becomes Executive Chairman

## Summary
- Tarek Robbiati becomes CEO effective Aug 28, 2023; founder Vladimir Shmunis becomes Executive Chairman.
- Robbiati gets $850K base salary, 100% MBO bonus, $8M time-based RSUs and $8M performance-based RSUs.
- Additional buyout equity: $9M time-based RSUs and $9M performance-based RSUs for forfeited prior awards.
- Sign-on bonus of $3M ($1M within 30 days, $2M by Mar 2024) with clawback if terminated for cause within 2 years.
- Severance: 18 months salary + 150% target bonus + full equity acceleration on CIC termination; 12 months salary + 1 year vesting otherwise.

## SEC filing metadata
- accession: 0001384905-23-000036
- form_type: 8-K
- ticker: RNG
- cik: 0001384905
- company_name: RingCentral, Inc.
- filed_at: 2023-08-08T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1384905/000138490523000036/0001384905-23-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1384905/000138490523000036/rng-20230802.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001384905-23-000036
- JSON: https://secwatch.observer/filing/0001384905-23-000036.json
- Plain text: https://secwatch.observer/filing/0001384905-23-000036.txt

## Key facts
- Executive change
  Tarek Robbiati was appointed as Chief Executive Officer at RingCentral, Inc..
  - Action: appointed
  - Role: Chief Executive Officer
  source text: On August 7, 2023, RingCentral, Inc. (the “Company”) announced that the Company has appointed Tarek Robbiati, a member of the Company’s board of directors (the “Board”), to succeed Vladimir Shmunis as the Company’s Chief Executive Officer effective August 28, 2023 (the “Effective Date”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1384905/000138490523000036/0001384905-23-000036-index.htm
- Executive change
  Vladimir Shmunis was appointed as Executive Chairman of the Board at RingCentral, Inc..
  - Action: appointed
  - Role: Executive Chairman of the Board
  source text: the Company has appointed Mr. Shmunis as Executive Chairman of the Board, effective as of the Effective Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1384905/000138490523000036/0001384905-23-000036-index.htm

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