8-K
filed March 1, 2022, 6:59 PM ET
ticker DOMO
CIK 0001505952
other material
confidence high
sentiment neutral
materiality 0.80
Domo reports Q4 revenue up 23% to $70M; CEO James resigns, Mellor appointed
DOMO, INC.
- Total revenue $70M (+23% YoY); billings $108M (+30% YoY); GAAP net loss $33.3M ($1.01/share).
- Q1 FY2023 revenue guidance $73.5-74.5M; FY2023 revenue guidance $314-319M.
- Founder Josh James steps down as CEO and director; John Mellor (former CSO) named CEO.
- Catherine Wong promoted to COO; Carine Clark becomes Executive Chair; John Pestana joins board.
- Cooperation agreement with James: voting standstill through March 2023; registration rights granted.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 1.0
John Mellor was appointed as Chief Executive Officer at DOMO, INC..
- Action
- appointed
- Role
- Chief Executive Officer
Exact text from the filing
On February 28, 2022, the Company appointed John Mellor as the Company’s Chief Executive Officer, effective March 1, 2022.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Carine Clark was appointed as Chairman at DOMO, INC..
- Action
- became
- Role
- Chairman
Exact text from the filing
Carine Clark will become the Company’s Chairman effective March 1, 2022.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Josh James departed as Chairman and Chief Executive Officer at DOMO, INC..
- Action
- stepped down
- Role
- Chairman and Chief Executive Officer
Exact text from the filing
Mr. James will step down from his duties as Chairman and Chief Executive Officer and resign as a member of the Board effective March 1, 2022.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
John Pestana was elected as director at DOMO, INC..
- Action
- elected
- Role
- director
Exact text from the filing
John Pestana was elected as a director to fill the newly created directorship, effective March 1, 2022
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
John Mellor was elected as director at DOMO, INC..
- Action
- elected
- Role
- director
Exact text from the filing
On March 1, 2022, Mr. Mellor was elected a director of the Company, effective March 1, 2022, filling the vacancy caused by Mr. James’ resignation
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Catherine Wong changed role as Chief Operating Officer at DOMO, INC..
- Action
- promoted
- Role
- Chief Operating Officer
Exact text from the filing
the Board also promoted Catherine Wong, the Company’s Executive Vice President, Engineering, to Chief Operating Officer, effective March 1, 2022.
View on SEC.gov
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