Summary by Futu AI
Confluent announced on November 14, 2024, that Chief Technology Officer Chad Verbowski will retire effective November 26, 2024, to take a career break. Verbowski will remain as an advisor until February 21, 2025, to ensure a smooth transition while the company searches for his replacement.In the interim, Confluent's engineering organization will report directly to the Chief Executive Officer. The company expressed gratitude for Verbowski's significant contributions to the engineering organization during his tenure. Confluent and Verbowski are expected to enter into a letter agreement detailing his advisory role, which will be filed with the company's 2024 Annual Report.