leadership
confidence high
sentiment neutral
materiality 0.65
Pure Storage names Tarek Robbiati CFO; prior CFO Kevan Krysler departs
Everpure, Inc.
- Tarek Robbiati, age 60, appointed CFO effective June 24, 2025; succeeds Kevan Krysler who remains for transition.
- Robbiati previously served as CEO of RingCentral, CFO of HPE, and CFO of Sprint with extensive telecom/finance experience.
- Initial base salary $650,000; target annual cash bonus 100% of base salary tied to performance measures.
- Equity grants: 223,921 time-based RSUs (4-yr vest), 74,640 performance RSUs (FY2026 revenue/TCV metric), 233,410 performance RSUs (market cap >= $40B over 5 yrs, 1-yr post-vest hold).
- Robbiati eligible for company's Change in Control and Severance Benefit Plan; no family relationships or conflicts disclosed.
item 5.02