Summary by Futu AI
On September 5, 2024, SentinelOne, Inc. announced the appointment of Barbara Larson as the new Chief Financial Officer, effective September 11, 2024. Larson brings extensive experience from her previous role as CFO at Workday, Inc., and has held senior financial positions at VMware, TIBCO Software, and Symantec Corporation. She also serves on the board of Equifax Inc. Larson's compensation includes a $527,000 annual salary, a 70% target annual cash bonus, and equity awards valued at $14 million under the company's 2021 Equity Incentive Plan. The equity awards are subject to vesting conditions and performance metrics. Concurrently, David Bernhardt will step down as CFO on September 11, 2024, but will remain as an advisor until December 31, 2024, to ensure a smooth transition. Bernhardt's departure is not due to any disagreements with the company's operations or practices. He has entered into a Separation Agreement with SentinelOne, which includes severance benefits and a Consulting Agreement until the end of 2024.
