Upwork appoints Erica Gessert as CFO, effective April 25, 2023

UPWORK, INC

Erica Gessert joins from PayPal, where she served as Chief Transformation Officer and SVP of Finance & Analytics.
Gessert receives initial base salary of $550,000, target annual bonus of 80% of base salary.
Restricted stock unit award valued at $9,000,000, vesting over 4 years (25% on May 18, 2024, then quarterly).
Severance: 12 months base salary and medical benefits; change-in-control triggers pro-rata bonus and 100% equity acceleration.
Gessert, 48, brings extensive public company finance and investor relations experience from PayPal and Sprint.

item 5.02 item 7.01 item 9.01

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Appointed

Erica Gessert

Chief Financial Officer

UPWK · UPWORK, INC

Effective: 2023-04-25
Filed: March 28, 2023, 7:59 PM ET

On March 22, 2023, Upwork Inc.’s (the “Company”) board of directors appointed Erica Gessert to become the Company’s Chief Financial Officer effective upon her first day of employment with the Company, which is expected to be April 25, 2023.

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Executive change SEC 8-K Item 5.02 confidence 0.95

Erica Gessert was appointed as Chief Financial Officer at UPWORK, INC.

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

On March 22, 2023, Upwork Inc.’s (the “Company”) board of directors appointed Erica Gessert to become the Company’s Chief Financial Officer effective upon her first day of employment with the Company, which is expected to be April 25, 2023.

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UPWORK, INC filing history →

Source: SEC EDGAR

accession 0001627475-23-000022

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