secwatch.observer — SEC 8-K summary
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Issuer:     TWILIO INC (TWLO)
CIK:        0001447669
Form:       8-K
Filed at:   2023-03-30T23:59:59+00:00
Accession:  0001447669-23-000075
Event type: leadership
Sentiment:  positive
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Twilio appoints Microsoft EVP Charlie Bell to board; director Dalzell not standing for re-election
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- Charlie Bell, Microsoft EVP of Security, Compliance, Identity, and Management, appointed to Twilio board effective March 28, 2023.
- Bell previously SVP at AWS for over two decades; will receive initial RSU grant of ~$575,000 vesting over three years.
- Richard Dalzell will not stand for re-election at 2023 Annual Meeting; no disagreement with company.
- Board size temporarily increased to 10, will revert to 9 after annual meeting; eight of nine directors independent.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1447669/000144766923000075/0001447669-23-000075-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1447669/000144766923000075/twlo-20230327.htm
  HTML page:      https://secwatch.observer/filing/0001447669-23-000075

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer