CEO Tarek Robbiati departs; founder Vlad Shmunis returns as CEO; Q4/FY guidance reiterated

RingCentral, Inc.

Tarek Robbiati resigned as CEO and board member effective Dec 8, 2023; no disagreement cited.
Founder and Executive Chairman Vlad Shmunis appointed CEO, remaining Chairman.
Separation agreement provides Robbiati payments totaling $9.75 million, consistent with policy.
Company reiterates Q4 and FY2023 guidance on revenue, non-GAAP operating margin, and adjusted unlevered FCF.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Vladimir Shmunis

Chief Executive Officer

RNG · RingCentral, Inc.

Effective: 2023-12-08
Filed: December 11, 2023, 6:59 PM ET

The Company announced that it has appointed Vladimir Shmunis, its Executive Chairman of the board of directors, to succeed Mr. Robbiati as the Chief Executive Officer of the Company, effective December 8, 2023.

Departed

Tarek Robbiati

Chief Executive Officer

RNG · RingCentral, Inc.

Effective: 2023-12-08
Successor: Vladimir Shmunis
Filed: December 11, 2023, 6:59 PM ET

On December 8, 2023, Tarek Robbiati and RingCentral, Inc. (the “Company”) mutually agreed that Mr. Robbiati would separate from the Company and resign from the board of directors effective December 8, 2023.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Vladimir Shmunis was appointed as Chief Executive Officer at RingCentral, Inc..

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

The Company announced that it has appointed Vladimir Shmunis, its Executive Chairman of the board of directors, to succeed Mr. Robbiati as the Chief Executive Officer of the Company, effective December 8, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Tarek Robbiati resigned as Chief Executive Officer at RingCentral, Inc..

Action: resigned
Role: Chief Executive Officer

Exact text from the filing

On December 8, 2023, Tarek Robbiati and RingCentral, Inc. (the “Company”) mutually agreed that Mr. Robbiati would separate from the Company and resign from the board of directors effective December 8, 2023.

View on SEC.gov

RingCentral, Inc. filing history →

Source: SEC EDGAR

accession 0001384905-23-000068

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.