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GoDaddy logoGoDaddy GDDY

GoDaddy said the board appointed Graham Smith as a Class I director effective immediately, with his term running until the 2025 annual meeting of stockholders, and also named him to the Audit and Finance Committee. The appointment took effect on June 26, 2024.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. GoDaddy said the board appointed Graham Smith as a Class I director effective immediately, with his term running until the 2025 annual meeting of stockholders, and also named him to the Audit and Finance Committee. The appointment took effect on June 26, 2024.

  2. The company said the board determined that Smith is an independent director and an "audit committee financial expert" under SEC and New York Stock Exchange rules.

  3. The company said Smith will receive the same compensation as other non-employee directors under the Outside Director Compensation Policy, along with an initial award of restricted stock units valued at $255,000 that vests after 1 year, subject to his continued board service.

  4. The company said Smith, 64, spent 8 years at Salesforce.com before retiring in 2015, where he served as executive vice president and chief financial officer. He currently serves on the boards of Axon Enterprise and Procore Technologies.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

GoDaddy Appoints Graham Smith to Board, Assigns Audit Committee Seat

GoDaddy said the board appointed Graham Smith as a Class I director effective immediately, with his term running until the 2025 annual meeting of stockholders, and also named him to the Audit and Finance Committee. The appointment took effect on June 26, 2024.

Source · Based on the filing body and exhibits

Independent Director and Audit Committee Financial Expert Determination

The company said the board determined that Smith is an independent director and an "audit committee financial expert" under SEC and New York Stock Exchange rules.

Source · Based on the filing body and exhibits

Non-Employee Director Pay and Initial RSU Grant

The company said Smith will receive the same compensation as other non-employee directors under the Outside Director Compensation Policy, along with an initial award of restricted stock units valued at $255,000 that vests after 1 year, subject to his continued board service.

Source · Based on the filing body and exhibits

Smith Career Background and Current Board Roles

The company said Smith, 64, spent 8 years at Salesforce.com before retiring in 2015, where he served as executive vice president and chief financial officer. He currently serves on the boards of Axon Enterprise and Procore Technologies.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.