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Posted 06 January, 2023

DOCUSIGN, INC. appointed new CEO

CEO Change detected for ticker Nasdaq:DOCU in a 8-K filed on 06 January, 2023.


  Mr. Springer, the Company's former Chief Executive Officer, previously filed a lawsuit in the Court of Chancery of the State of Delaware (the "Chancery Court") contesting his resignation from the Board, as previously disclosed on a Current Report on Form 8-K filed on November 18, 2022.  

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Overview of DOCUSIGN, INC.
Technology • Internet/Online
DocuSign, Inc. provides cloud-based electronic signature solutions. Its cloud based electronic signature platform helps companies and individuals securely collect information, automate data workflows and sign anything. The firm automates manual, paper-based processes allowing users to manage all aspects of documented business transactions including identity management, authentication, digital signature, forms and data collection, collaboration, workflow automation and storage. DocuSign was founded by Thomas H. Gonser and Court Lorenzini in 2003 and is headquartered in San Francisco, CA.
Market Cap
$11.4B
View Company Details
DOCUSIGN, INC. by TradingView
Relevant filing section
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.


On January 2, 2023, the Board of Directors (the "Board") of DocuSign, Inc. (the "Company") adopted resolutions confirming and approving the appointment of Daniel D. Springer as a member of the Board. Mr. Springer will serve as a Class I director whose term will expire at the Company's 2025 Annual Meeting of Stockholders, which is the next stockholder meeting at which Class I directors will be elected, and until Mr. Springer's successor shall have been duly elected and qualified, or until Mr. Springer's earlier death, resignation, disqualification or removal. 


Mr. Springer, the Company's former Chief Executive Officer, previously filed a lawsuit in the Court of Chancery of the State of Delaware (the "Chancery Court") contesting his resignation from the Board, as previously disclosed on a Current Report on Form 8-K filed on November 18, 2022.


There is no arrangement or understanding between Mr. Springer and any other person pursuant to which Mr. Springer was selected as a director. Mr. Springer has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K of the Securities Act. Mr. Springer is eligible to receive compensation for his service as a member of the Board in accordance with the Company's Amended and Restated Director Compensation Policy, filed as Exhibit 10.1 to the Company's Quarterly Report on Form 10-Q on June 4, 2021. 


Mr. Springer also previously entered into the Company's standard form of indemnity agreement, filed as Exhibit 10.1 to the Company's Current Report on Form 8-K on December 3, 2020.