leadership
confidence high
sentiment neutral
materiality 0.70
Zscaler CFO Retires, Severance Policy Expanded for Non-COC Terminations
Zscaler, Inc.
- CFO Remo Canessa to retire; will remain until successor is appointed; search underway.
- Severance policy amended: execs get 50% base salary over 6 months on non-COC termination.
- Also get accelerated vesting of time-based equity awards for shares vesting within 6 months.
- Previously no severance for non-COC termination; named executive officers affected.