---
schema_version: "secwatch.filing_event.v1"
accession: "0001467623-26-000034"
form_type: "8-K"
ticker: "DBX"
cik: "0001467623"
company_name: "DROPBOX, INC."
filed_at: "2026-05-26T13:15:23+00:00"
generated_at: "2026-05-26T13:22:25.260140+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Dropbox appoints Ashraf Alkarmi as co-CEO; Drew Houston to become Executive Chairman; Q2/FY26 guidance reaffirmed

## Summary
- Ashraf Alkarmi, previously GM Core, appointed co-CEO effective May 26, 2026; will become sole CEO after transition; Drew Houston to become Executive Chairman.
- Alkarmi receives $825k base salary, 100% target bonus, and RSUs valued at $12.656M vesting over four years.
- Michael Torres appointed Chief Product Officer effective July 7, 2026; previously VP Product at Alphabet/Chrome and VP/GM Kindle at Amazon.
- Company expects Q2 and full-year 2026 results to be in-line or above previously provided guidance ranges.

## SEC filing metadata
- accession: 0001467623-26-000034
- form_type: 8-K
- ticker: DBX
- cik: 0001467623
- company_name: DROPBOX, INC.
- filed_at: 2026-05-26T13:15:23+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.8
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1467623/000146762326000034/0001467623-26-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1467623/000146762326000034/dbx-20260521.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001467623-26-000034
- JSON: https://secwatch.observer/filing/0001467623-26-000034.json
- Plain text: https://secwatch.observer/filing/0001467623-26-000034.txt

## Source-grounded claims
- claim_id: 65cc2759d6
  claim: Ashraf Alkarmi was appointed as Co-Chief Executive Officer at DROPBOX, INC..
  evidence_excerpt: On May 21, 2026, the Board of Directors (the “Board”) of Dropbox, Inc. (“we”, “our”, the “Company”, or “Dropbox”) appointed Ashraf Alkarmi, our General Manager, Core, as Co-Chief Executive Officer and as a member of the Board, effective May 26, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1467623/000146762326000034/0001467623-26-000034-index.htm

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