leadership
confidence high
sentiment negative
materiality 0.75
Domo COO Mark Maughan resigns; receives $1.5M cash, accelerated RSUs, and 245,000 additional RSUs
DOMO, INC.
- Mark Maughan resigns as COO effective Jan 11, 2026; will serve as consultant.
- Company pays $1.5M cash within 30 days; all unvested RSUs immediately vest.
- Maughan gets 245,000 fully vested RSUs over three years (125k Y1, 70k Y2, 50k Y3).
- Unpaid amounts accelerate upon a Change in Control.
- Parties enter mutual releases and a non-compete during the consultant period.