Freshworks board waives bonus recoupment for execs; CEO repays $61K

Freshworks Inc.

Board forgave ~$174K in Q1 2022 bonus advances for five officers after operating margin overachievement.
CEO Mathrubootham declined waiver, will repay $61,151 via offset against 2023 bonuses.
CFO Sloat waived $41,425; CMO Epstein $33,534; CPO Ramamurthy $37,479; former CRO Morales $78,904.
Waiver recognized reallocation decisions that boosted margin but hindered net new ARR targets.

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