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Gitlab | 8-K: Current report

SEC ·  Jan 18 13:00

Summary by Futu AI

On January 18, 2024, GitLab Inc., a leader in the DevSecOps platform market, announced the appointment of Sabrina Farmer as the company's new Chief Technology Officer (CTO). Farmer, who previously served as Google's Vice President of Engineering, brings over 25 years of experience to GitLab. Her role will involve leading the software engineering, operations, and customer support teams, and she will be responsible for executing the company's technical vision and strategy. Farmer's annual salary is set at $450,000, with eligibility for a target cash bonus of 60% under the company's Bonus Plan. Her compensation package aligns with those of other executive officers and includes termination benefits described in GitLab's definitive proxy statement. The appointment was officially announced in a...Show More
On January 18, 2024, GitLab Inc., a leader in the DevSecOps platform market, announced the appointment of Sabrina Farmer as the company's new Chief Technology Officer (CTO). Farmer, who previously served as Google's Vice President of Engineering, brings over 25 years of experience to GitLab. Her role will involve leading the software engineering, operations, and customer support teams, and she will be responsible for executing the company's technical vision and strategy. Farmer's annual salary is set at $450,000, with eligibility for a target cash bonus of 60% under the company's Bonus Plan. Her compensation package aligns with those of other executive officers and includes termination benefits described in GitLab's definitive proxy statement. The appointment was officially announced in a press release on January 18, 2024, and is part of a Current Report on Form 8-K filed with the SEC. Farmer's extensive background at Google, where she was responsible for the reliability and performance of Google's billion-user products, positions her as a valuable addition to GitLab's leadership team. GitLab's CEO, Sid Sijbrandij, expressed confidence in Farmer's ability to inspire the team and advance the company's AI-powered DevSecOps platform.

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