Summary by Futu AI
SentinelOne has appointed Barbara Larson as Chief Financial Officer, effective September 11, 2024. Larson, 54, previously served as CFO at Workday from February 2022 to June 2023, and held senior positions at VMware, TIBCO Software, and Symantec. She currently serves on the board of Equifax Inc.Under her appointment terms, Larson will receive an annual base salary of $527,000 with a 70% target bonus opportunity. She will also receive equity awards valued at $14 million, split between RSUs (75%) and PSUs (25%). The RSUs will vest over four years, while PSUs will vest based on performance metrics through fiscal year 2028.Current CFO David Bernhardt will transition to an advisory role through December 31, 2024. His separation package includes six months' base salary, pro-rated bonus, health benefits, and twelve months of accelerated vesting of stock options and RSUs. He will provide consulting services during the transition period.