---
schema_version: "secwatch.filing_event.v1"
accession: "0001477720-24-000076"
form_type: "8-K"
ticker: "ASAN"
cik: "0001477720"
company_name: "Asana, Inc."
filed_at: "2024-09-03T23:59:59+00:00"
generated_at: "2026-05-31T06:36:28.284551+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001477720-24-000076
- form_type: 8-K
- ticker: ASAN
- cik: 0001477720
- company_name: Asana, Inc.
- filed_at: 2024-09-03T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1477720/000147772024000076/0001477720-24-000076-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1477720/000147772024000076/asan-20240827.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477720-24-000076
- JSON: https://secwatch.observer/filing/0001477720-24-000076.json
- Plain text: https://secwatch.observer/filing/0001477720-24-000076.txt

## Key facts
- Executive change
  Sonalee Parekh was appointed as Chief Financial Officer at Asana, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: the Board appointed Ms. Sonalee Parekh as Chief Financial Officer and Head of Finance of the Company, effective as of September 11, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1477720/000147772024000076/0001477720-24-000076-index.htm
- Executive change
  Tim Wan resigned as Chief Financial Officer at Asana, Inc..
  - Action: resigned
  - Role: Chief Financial Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1477720/000147772024000076/0001477720-24-000076-index.htm

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