Asana CFO Tim Wan resigns; Sonalee Parekh named new CFO effective Sept 11, 2024

Asana, Inc.

Tim Wan resigns as CFO effective Sept 10, 2024, remains as advisor for transition.
Sonalee Parekh appointed CFO effective Sept 11, 2024; previously CFO of RingCentral, Divisional CFO at HPE.
Parekh compensation: $750k base salary, $15M RSU grant with 4-year vesting schedule.
Under Wan, Asana grew from <300 to ~2000 employees and revenue exceeded $689M.
Parekh brings 25+ years experience; led RingCentral's doubling of operating profit while achieving >$2B ARR.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Sonalee Parekh

Chief Financial Officer

ASAN · Asana, Inc.

Effective: 2024-09-11
Filed: September 3, 2024, 7:59 PM ET

the Board appointed Ms. Sonalee Parekh as Chief Financial Officer and Head of Finance of the Company, effective as of September 11, 2024

Departed

Tim Wan

Chief Financial Officer

ASAN · Asana, Inc.

Effective: 2024-09-10
Successor: Sonalee Parekh
Filed: September 3, 2024, 7:59 PM ET

Tim Wan tendered to the Board of Directors (the “Board”) of Asana, Inc. (the “Company”) his resignation as Chief Financial Officer of the Company, effective as of September 10, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Sonalee Parekh was appointed as Chief Financial Officer at Asana, Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

the Board appointed Ms. Sonalee Parekh as Chief Financial Officer and Head of Finance of the Company, effective as of September 11, 2024

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Tim Wan resigned as Chief Financial Officer at Asana, Inc..

Action: resigned
Role: Chief Financial Officer

Exact text from the filing

Tim Wan tendered to the Board of Directors (the “Board”) of Asana, Inc. (the “Company”) his resignation as Chief Financial Officer of the Company, effective as of September 10, 2024.

View on SEC.gov

Asana, Inc. filing history →

Source: SEC EDGAR

accession 0001477720-24-000076

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.