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C3.ai | 8-K: Alan Murray Joins C3 Ai Board of Directors

SEC announcement ·  Apr 12 03:23
Summary by Futu AI
On April 9, 2024, C3.ai, Inc., a leading enterprise AI application software company, announced the election of Alan Murray to its board of directors, effective May 1, 2024. Murray, the CEO of Fortune Media, was elected as a Class I director and will serve until the 2024 Annual Meeting of Stockholders. He will not receive cash compensation but will be granted options to purchase shares of Class A common stock valued at $900,000, vesting over five years. The appointment was made without any arrangement or understanding with other persons, and Murray does not have any material interest in transactions that need disclosure under Regulation S-K. The company issued a press release on April 9, 2024, to announce Murray's election. Thomas M. Siebel, Chairman and CEO of...Show More
On April 9, 2024, C3.ai, Inc., a leading enterprise AI application software company, announced the election of Alan Murray to its board of directors, effective May 1, 2024. Murray, the CEO of Fortune Media, was elected as a Class I director and will serve until the 2024 Annual Meeting of Stockholders. He will not receive cash compensation but will be granted options to purchase shares of Class A common stock valued at $900,000, vesting over five years. The appointment was made without any arrangement or understanding with other persons, and Murray does not have any material interest in transactions that need disclosure under Regulation S-K. The company issued a press release on April 9, 2024, to announce Murray's election. Thomas M. Siebel, Chairman and CEO of C3 AI, welcomed Murray, citing his extensive experience in business journalism and corporate strategy. Murray expressed his excitement about joining the board and contributing to C3 AI's strategic direction and success. C3 AI specializes in AI applications and platforms for enterprise solutions and has recently expanded its offerings with C3 Generative AI for the enterprise.

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