Rapid7 Q2 ARR $488.9M (+29% YoY); CFO Kalowski to retire in 2022

Rapid7, Inc.

2021-Q2 EPS reported -$1.18 revenue$243,872,000

Q2 ARR of $488.9M, up 29% YoY; total revenue $126.4M, up 28% YoY.
Products revenue $119.1M, up 29% YoY; customer count 9,315 (+13%); ARR per customer $52.5K (+14%).
CFO Jeff Kalowski plans to retire in 2022; search for successor underway.
Lee Weiner to lead Cloud Security group as Chief Innovation Officer, no longer executive officer.

item 2.02 item 5.02 item 9.01

Executive movements

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

Departed

Jeff Kalowski

Chief Financial Officer

RPD · Rapid7, Inc.

Filed: August 4, 2021, 7:59 PM ET

On July 29, 2021, Jeff Kalowski, the Company’s Chief Financial Officer (principal financial officer and principal accounting officer), informed the Company that he plans to retire in 2022, effective after the Company has hired his replacement to ensure a smooth and orderly transition of responsibilities.

Role change

Lee Weiner

Chief Innovation Officer

RPD · Rapid7, Inc.

Effective: 2021-08-01
Filed: August 4, 2021, 7:59 PM ET

Also on July 29, 2021, the Company’s board of directors (the “Board”) approved that effective August 1, 2021 Lee Weiner will lead the Company’s Cloud Security group and will retain his title as the Company’s Chief Innovation Officer.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Jeff Kalowski departed as Chief Financial Officer at Rapid7, Inc..

Action: plans to retire
Role: Chief Financial Officer

Exact text from the filing

On July 29, 2021, Jeff Kalowski, the Company’s Chief Financial Officer (principal financial officer and principal accounting officer), informed the Company that he plans to retire in 2022, effective after the Company has hired his replacement to ensure a smooth and orderly transition of responsibilities.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Lee Weiner changed role as Chief Innovation Officer at Rapid7, Inc..

Action: role change
Role: Chief Innovation Officer

Exact text from the filing

Also on July 29, 2021, the Company’s board of directors (the “Board”) approved that effective August 1, 2021 Lee Weiner will lead the Company’s Cloud Security group and will retain his title as the Company’s Chief Innovation Officer.

View on SEC.gov

Rapid7, Inc. filing history →

Source: SEC EDGAR

accession 0001560327-21-000129

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