[8-K] Sprinklr, Inc. Reports Material Event
Sprinklr, Inc. reported that its Chief Financial Officer, Manish Sarin, will leave the company and remain through a transition period ending on the stated Transition Date, after which he will receive severance consistent with the companys Executive Severance and Change in Control Plan. During the transition he will be paid at his current base salary and remain eligible for benefits, and will be subject to customary post-employment obligations. The Board has designated CEO Rory Read to serve as interim Chief Financial Officer while the company conducts a search for a permanent CFO. Separately, Sprinklr announced the appointment of Scott Millard as Chief Revenue Officer, effective as stated.
Sprinklr, Inc. ha comunicato che il suo Chief Financial Officer, Manish Sarin, lascerà l'azienda e resterà in carica per un periodo di transizione fino alla Data di transizione indicata; successivamente riceverà un'indennità conforme al Piano di indennità per dirigenti e per i casi di cambio di controllo della società. Durante la transizione percepirà il suo stipendio base attuale, manterrà l'idoneità ai benefit e sarà soggetto alle consuete obbligazioni post-impiego. Il Consiglio ha designato il CEO Rory Read come Chief Financial Officer ad interim mentre l'azienda ricerca un CFO permanente. Separatamente, Sprinklr ha annunciato la nomina di Scott Millard a Chief Revenue Officer, con effetto dalla data indicata.
Sprinklr, Inc. informó que su director financiero, Manish Sarin, abandonará la empresa y permanecerá durante un período de transición hasta la Fecha de transición indicada; tras ello recibirá una indemnización conforme al Plan de Indemnización Ejecutiva y de Cambio de Control de la compañía. Durante la transición cobrará su salario base actual, seguirá siendo elegible para los beneficios y estará sujeto a las habituales obligaciones post-empleo. La Junta ha designado al CEO Rory Read como director financiero interino mientras la empresa busca un CFO permanente. Por separado, Sprinklr anunció el nombramiento de Scott Millard como Chief Revenue Officer, con vigencia a partir de la fecha indicada.
Sprinklr, Inc.는 최고재무책임자(CFO) 매니쉬 사린이 회사를 떠나며 명시된 전환일(Transition Date)까지 인수인계 기간 동안 근무할 것이라고 발표했습니다. 이후에는 회사의 임원 퇴직 및 경영권 변경 관련 보상 계획(Executive Severance and Change in Control Plan)에 따라 퇴직금을 받게 됩니다. 전환 기간 동안 그는 현재 기본급을 지급받고 복리후생 자격을 유지하며, 통상적인 고용 후 의무를 지게 됩니다. 이사회는 상임 CEO 로리 리드를 임시 최고재무책임자(interim CFO)로 지정했으며, 회사는 정규 CFO를 찾는 중입니다. 별도로 Sprinklr는 스콧 밀라드를 Chief Revenue Officer로 임명했다고 발표했습니다.
Sprinklr, Inc. a annoncé que son directeur financier, Manish Sarin, quittera l'entreprise et restera en poste pendant une période de transition jusqu'à la date de transition indiquée ; par la suite, il percevra une indemnité conforme au Plan d'indemnités pour cadres et de changement de contrôle de la société. Pendant la transition, il touchera son salaire de base actuel, restera éligible aux avantages et sera soumis aux obligations post-emploi habituelles. Le conseil d'administration a désigné le PDG Rory Read comme directeur financier par intérim pendant que l'entreprise recherche un CFO permanent. Par ailleurs, Sprinklr a annoncé la nomination de Scott Millard au poste de Chief Revenue Officer, avec effet à la date indiquée.
Sprinklr, Inc. teilte mit, dass sein Chief Financial Officer Manish Sarin das Unternehmen verlassen wird und während einer Übergangszeit bis zum angegebenen Übergangsdatum im Amt bleibt; danach erhält er eine Abfindung gemäß dem Executive Severance and Change in Control Plan des Unternehmens. Während der Übergangszeit wird er sein aktuelles Grundgehalt erhalten, weiterhin leistungsberechtigt sein und den üblichen nachvertraglichen Verpflichtungen unterliegen. Der Vorstand hat CEO Rory Read zum interimistischen Chief Financial Officer ernannt, während das Unternehmen nach einem dauerhaften CFO sucht. Separat kündigte Sprinklr die Ernennung von Scott Millard zum Chief Revenue Officer mit dem angegebenen Wirksamkeitsdatum an.
- Interim CFO designated ensuring continuity by assigning CFO duties to the CEO on an interim basis
- Formal transition plan with continuing pay and benefits during the Transition Period reduces operational disruption
- Active CFO search initiated indicating management intends to appoint a permanent finance leader
- Chief Revenue Officer appointment (Scott Millard) announced to strengthen revenue leadership
- Departure of the CFO creates executive turnover in a key finance role
- No financial details disclosed about severance payments or potential impacts, limiting investor visibility
Insights
TL;DR: orderly executive transition with CEO assuming interim CFO duties; board initiated external search for permanent CFO.
The filing describes a managed departure of the CFO with a formal Separation Agreement providing continued pay and benefits through the Transition Period and severance under the companys executive plan. Designating the CEO as interim CFO centralizes financial and operational authority temporarily and avoids an immediate external hire under pressure. The document confirms customary continuing obligations for the departing executive and indicates the company will file the full Separation Agreement later for transparency.
TL;DR: functional continuity preserved; CRO hire announced to support revenue operations while CFO search proceeds.
The interim CFO appointment and ongoing search for a permanent finance chief suggest continuity in financial oversight. The company also announced an incoming Chief Revenue Officer effective as stated, which addresses go-to-market leadership. The filing does not disclose financial impacts, change-in-control triggers, or severance amounts, limiting visibility into potential near-term cost or reporting effects.
Sprinklr, Inc. ha comunicato che il suo Chief Financial Officer, Manish Sarin, lascerà l'azienda e resterà in carica per un periodo di transizione fino alla Data di transizione indicata; successivamente riceverà un'indennità conforme al Piano di indennità per dirigenti e per i casi di cambio di controllo della società. Durante la transizione percepirà il suo stipendio base attuale, manterrà l'idoneità ai benefit e sarà soggetto alle consuete obbligazioni post-impiego. Il Consiglio ha designato il CEO Rory Read come Chief Financial Officer ad interim mentre l'azienda ricerca un CFO permanente. Separatamente, Sprinklr ha annunciato la nomina di Scott Millard a Chief Revenue Officer, con effetto dalla data indicata.
Sprinklr, Inc. informó que su director financiero, Manish Sarin, abandonará la empresa y permanecerá durante un período de transición hasta la Fecha de transición indicada; tras ello recibirá una indemnización conforme al Plan de Indemnización Ejecutiva y de Cambio de Control de la compañía. Durante la transición cobrará su salario base actual, seguirá siendo elegible para los beneficios y estará sujeto a las habituales obligaciones post-empleo. La Junta ha designado al CEO Rory Read como director financiero interino mientras la empresa busca un CFO permanente. Por separado, Sprinklr anunció el nombramiento de Scott Millard como Chief Revenue Officer, con vigencia a partir de la fecha indicada.
Sprinklr, Inc.는 최고재무책임자(CFO) 매니쉬 사린이 회사를 떠나며 명시된 전환일(Transition Date)까지 인수인계 기간 동안 근무할 것이라고 발표했습니다. 이후에는 회사의 임원 퇴직 및 경영권 변경 관련 보상 계획(Executive Severance and Change in Control Plan)에 따라 퇴직금을 받게 됩니다. 전환 기간 동안 그는 현재 기본급을 지급받고 복리후생 자격을 유지하며, 통상적인 고용 후 의무를 지게 됩니다. 이사회는 상임 CEO 로리 리드를 임시 최고재무책임자(interim CFO)로 지정했으며, 회사는 정규 CFO를 찾는 중입니다. 별도로 Sprinklr는 스콧 밀라드를 Chief Revenue Officer로 임명했다고 발표했습니다.
Sprinklr, Inc. a annoncé que son directeur financier, Manish Sarin, quittera l'entreprise et restera en poste pendant une période de transition jusqu'à la date de transition indiquée ; par la suite, il percevra une indemnité conforme au Plan d'indemnités pour cadres et de changement de contrôle de la société. Pendant la transition, il touchera son salaire de base actuel, restera éligible aux avantages et sera soumis aux obligations post-emploi habituelles. Le conseil d'administration a désigné le PDG Rory Read comme directeur financier par intérim pendant que l'entreprise recherche un CFO permanent. Par ailleurs, Sprinklr a annoncé la nomination de Scott Millard au poste de Chief Revenue Officer, avec effet à la date indiquée.
Sprinklr, Inc. teilte mit, dass sein Chief Financial Officer Manish Sarin das Unternehmen verlassen wird und während einer Übergangszeit bis zum angegebenen Übergangsdatum im Amt bleibt; danach erhält er eine Abfindung gemäß dem Executive Severance and Change in Control Plan des Unternehmens. Während der Übergangszeit wird er sein aktuelles Grundgehalt erhalten, weiterhin leistungsberechtigt sein und den üblichen nachvertraglichen Verpflichtungen unterliegen. Der Vorstand hat CEO Rory Read zum interimistischen Chief Financial Officer ernannt, während das Unternehmen nach einem dauerhaften CFO sucht. Separat kündigte Sprinklr die Ernennung von Scott Millard zum Chief Revenue Officer mit dem angegebenen Wirksamkeitsdatum an.