---
schema_version: "secwatch.filing_event.v1"
accession: "0001422930-23-000014"
form_type: "8-K"
ticker: "PUBM"
cik: "0001422930"
company_name: "PubMatic, Inc."
filed_at: "2023-04-04T23:59:59+00:00"
generated_at: "2026-06-17T06:25:55.329493+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# PubMatic CCO Hirsch transitions to advisor; Chief Growth Officer Klimenko expands role to EMEA/APAC

## Summary
- Effective April 1, 2023, Jeffrey K. Hirsch steps down as Chief Commercial Officer and becomes strategic advisor through Dec 22, 2023.
- Hirsch receives $3,750/month cash and restricted stock units valued at $116,667, vesting monthly during advisory period.
- Paulina Klimenko, Chief Growth Officer since Feb 2021, expands role to oversee EMEA and APAC business streams.
- Hirsch's departure qualifies as a termination under his retention agreement, entitling him to severance benefits.

## SEC filing metadata
- accession: 0001422930-23-000014
- form_type: 8-K
- ticker: PUBM
- cik: 0001422930
- company_name: PubMatic, Inc.
- filed_at: 2023-04-04T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1422930/000142293023000014/0001422930-23-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1422930/000142293023000014/pubm-20230329.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001422930-23-000014
- JSON: https://secwatch.observer/filing/0001422930-23-000014.json
- Plain text: https://secwatch.observer/filing/0001422930-23-000014.txt

## Key facts
- Executive change
  Jeffrey K. Hirsch changed role as Chief Commercial Officer at PubMatic, Inc..
  - Action: transitioned
  - Role: Chief Commercial Officer
  source text: On March 29, 2023, PubMatic, Inc. (the “Company”) and Jeffrey K. Hirsch, the Company’s Chief Commercial Officer, agreed that effective April 1, 2023, Mr. Hirsch would transition into a new role as a strategic advisor to the Company and the Company’s Board of Directors through December 22, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1422930/000142293023000014/0001422930-23-000014-index.htm
- Executive change
  Paulina Klimenko changed role as Chief Growth Officer at PubMatic, Inc..
  - Action: expanded
  - Role: Chief Growth Officer
  source text: Upon Mr. Hirsch’s transition to strategic advisor, Paulina Klimenko will expand her role as the Company’s Chief Growth Officer to include the EMEA and APAC business streams.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1422930/000142293023000014/0001422930-23-000014-index.htm

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