---
schema_version: "secwatch.filing_event.v1"
accession: "0001560327-21-000188"
form_type: "8-K"
ticker: "RPD"
cik: "0001560327"
company_name: "Rapid7, Inc."
filed_at: "2021-11-29T23:59:59+00:00"
generated_at: "2026-06-28T05:06:54.755524+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Rapid7 appoints Tim Adams as CFO effective Jan 3, 2022; replaces retiring Jeff Kalowski

## Summary
- Tim Adams appointed CFO effective Jan 3, 2022, succeeding Jeff Kalowski who is retiring.
- Adams joins from BitSight Technologies, where he served as CFO since April 2020.
- Compensation includes $390k base salary, 70% target annual bonus, $250k signing bonus, and $12M RSU award.
- Adams will serve as principal financial and accounting officer; Kalowski to advise during transition.

## SEC filing metadata
- accession: 0001560327-21-000188
- form_type: 8-K
- ticker: RPD
- cik: 0001560327
- company_name: Rapid7, Inc.
- filed_at: 2021-11-29T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1560327/000156032721000188/0001560327-21-000188-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1560327/000156032721000188/rp-20211123.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001560327-21-000188
- JSON: https://secwatch.observer/filing/0001560327-21-000188.json
- Plain text: https://secwatch.observer/filing/0001560327-21-000188.txt

## Key facts
- Executive change
  Jeff Kalowski retired as Chief Financial Officer at Rapid7, Inc..
  - Action: retired
  - Role: Chief Financial Officer
  source text: As previously announced in August 2021, Jeff Kalowski, who has served as the Company’s Chief Financial Officer since January 2017, plans to retire from the position of Chief Financial Officer effective upon the commencement of his successor’s employment, which is expected to be on or about January 3, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1560327/000156032721000188/0001560327-21-000188-index.htm
- Executive change
  Tim Adams was appointed as Chief Financial Officer at Rapid7, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: On November 23, 2021, the Board of Directors (the “Board”) of Rapid7, Inc. (the “Company”) appointed Tim Adams as the Chief Financial Officer of the Company, effective upon the commencement of Mr. Adams’ employment with the Company, which is expected to be on or about January 3, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1560327/000156032721000188/0001560327-21-000188-index.htm

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