other material
confidence high
sentiment neutral
materiality 0.30
nCino amends employment agreements for CEO, CFO, CPO with updated severance and compensation
nCino, Inc.
- CEO Pierre Naudé gets $515K base salary, 100% target bonus, 24-month equity vesting on non-CIC termination.
- CFO Greg Orenstein and CPO Sean Desmond receive 1x base plus target bonus severance, 12-month equity vesting.
- CIC severance for Naudé: 1.5x base + bonus, COBRA up to 18 months; Orenstein/Desmond: 1.5x base + bonus, 12-month COBRA.
- Agreements effective December 19, 2024; at-will employment remains unchanged.