leadership
confidence high
sentiment neutral
materiality 0.65
The Trade Desk appoints Alex Kayyal as CFO, replacing Laura Schenkein
Trade Desk, Inc.
- Laura Schenkein steps down as CFO effective Aug 21, 2025, staying as non-executive through year-end.
- Alex Kayyal, board member since Feb 2025 and ex-Lightspeed partner, becomes CFO effective Aug 21.
- Kayyal's compensation: $600K base salary, $600K target bonus, $600K signing bonus, $400K relocation, $15M equity.
- Kayyal will remain on the board while serving as CFO; resigns from special committee.
- Transition is mutual agreement; Schenkein to support seamless handoff.
item 5.02item 9.01