Summary by Futu AI
On June 25, 2024, DocuSign, Inc. announced leadership changes with the departure of Steve Shute, President of Worldwide Field Operations, effective August 11, 2024. Shute's departure, not due to any disagreement with the company, will see him receive severance benefits as per the terms of his Severance Agreement. These benefits include a cash severance of $550,000, an equal amount for his on-target bonus, COBRA coverage for up to 12 months, and vesting acceleration of his equity awards. Shute is also eligible for prorated vesting in performance-based restricted stock units if performance goals are met. Concurrently, DocuSign announced the appointment of Paula Hansen as President and Chief Revenue Officer, starting August 5, 2024. Hansen, with a robust background including roles at Alteryx, Inc., SAP Customer Experience...Show More