---
schema_version: "secwatch.filing_event.v1"
accession: "0001410384-24-000103"
form_type: "8-K"
ticker: "QTWO"
cik: "0001410384"
company_name: "Q2 Holdings, Inc."
filed_at: "2024-05-10T23:59:59+00:00"
generated_at: "2026-06-02T03:31:30.297864+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Founder Hank Seale steps down as chairman; CEO Matt Flake to succeed

## Summary
- Founder R.H. 'Hank' Seale III will not stand for re-election to Q2 board at June 11, 2024 annual meeting.
- Seale appointed Chairman Emeritus in recognition of his contributions as founder and leader.
- CEO Matt Flake will succeed Seale as chairman of the board, effective June 11, 2024.
- Seale's decision not related to any disagreement with Q2; board reduces size to remove vacancy.

## SEC filing metadata
- accession: 0001410384-24-000103
- form_type: 8-K
- ticker: QTWO
- cik: 0001410384
- company_name: Q2 Holdings, Inc.
- filed_at: 2024-05-10T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1410384/000141038424000103/0001410384-24-000103-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1410384/000141038424000103/qtwo-20240506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001410384-24-000103
- JSON: https://secwatch.observer/filing/0001410384-24-000103.json
- Plain text: https://secwatch.observer/filing/0001410384-24-000103.txt

## Key facts
- Executive change
  R.H. Seale, III departed as Executive Chairman of the Board at Q2 Holdings, Inc..
  - Action: not stand for re-election
  - Role: Executive Chairman of the Board
  source text: On May 6, 2024, R.H. Seale, III provided notice to Q2 Holdings, Inc. (" Q2 ") of his decision not to stand for re-election to the Board of Directors of Q2 (the " Board ").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1410384/000141038424000103/0001410384-24-000103-index.htm

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