---
schema_version: "secwatch.filing_event.v1"
accession: "0001517413-25-000178"
form_type: "8-K"
ticker: "FSLY"
cik: "0001517413"
company_name: "Fastly, Inc."
filed_at: "2025-06-16T23:59:59+00:00"
generated_at: "2026-05-19T06:23:54.105101+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Fastly appoints CPO Kip Compton as CEO; Todd Nightingale steps down June 16

## Summary
- CEO Todd Nightingale resigns effective June 16, 2025, to pursue external opportunity; serves as advisor through June 30.
- Kip Compton, former Chief Product Officer (since Jan 2024), appointed CEO and Class I director effective June 16.
- Compton receives $500K base salary, $5M equity award (min $9/share, 50% RSUs, 35% financial-metric PSUs, 15% TSR PSUs), and $500K target bonus.
- Fastly reaffirms Q2 and full-year 2025 financial guidance issued May 7, 2025.
- Nightingale's departure not due to any disagreement with company's operations, policies, or practices.

## SEC filing metadata
- accession: 0001517413-25-000178
- form_type: 8-K
- ticker: FSLY
- cik: 0001517413
- company_name: Fastly, Inc.
- filed_at: 2025-06-16T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1517413/000151741325000178/0001517413-25-000178-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1517413/000151741325000178/fsly-20250613.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001517413-25-000178
- JSON: https://secwatch.observer/filing/0001517413-25-000178.json
- Plain text: https://secwatch.observer/filing/0001517413-25-000178.txt

## Key facts
- Executive change
  Kip Compton was appointed as Chief Executive Officer at Fastly, Inc..
  - Action: appointed
  - Role: Chief Executive Officer
  source text: On June 14, 2025, the Company appointed Charles (“Kip”) Compton, the Company’s current Chief Product Officer, to serve as the Company’s Chief Executive Officer and as a Class I member of the Board with a term expiring at the Company’s 2026 annual meeting of stockholders, effective as of the Effective Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1517413/000151741325000178/0001517413-25-000178-index.htm
- Executive change
  Todd Nightingale resigned as Chief Executive Officer and President at Fastly, Inc..
  - Action: resigned
  - Role: Chief Executive Officer and President
  source text: On June 13, 2025, Todd Nightingale, Chief Executive Officer of Fastly, Inc. (the “Company”), notified the Company of his resignation as Chief Executive Officer and President to pursue another opportunity.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1517413/000151741325000178/0001517413-25-000178-index.htm
- Executive change
  Kip Compton was appointed as Class I Director at Fastly, Inc..
  - Action: appointed
  - Role: Class I Director
  source text: as a Class I member of the Board with a term expiring at the Company’s 2026 annual meeting of stockholders, effective as of the Effective Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1517413/000151741325000178/0001517413-25-000178-index.htm
- Executive change
  Todd Nightingale resigned as Director at Fastly, Inc..
  - Action: resigned
  - Role: Director
  source text: Mr. Nightingale has also resigned as a director on the Company’s board of directors (the “Board”) as of the Effective Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1517413/000151741325000178/0001517413-25-000178-index.htm

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