leadership
confidence high
sentiment neutral
materiality 0.30
Yext elects Cynthia Paul to board of directors, expands board to eight members
Yext, Inc.
- Board increased from 7 to 8; Cynthia Paul elected as Class I director, term expires at 2027 annual meeting.
- Paul is CEO/CIO of Lynrock Lake LP; previously portfolio manager at Soros Fund Management (2002-2017).
- Received initial RSU grant of $350,000 (89,058 RSUs) vesting in equal annual installments over three years.
- Eligible for standard outside director compensation: annual cash retainer, committee fees, and annual equity grant of $175,000.
- No material interest in any transaction required to be reported under Item 404(a) of Regulation S-K.