STOCK TITAN
  1. Home
  2. Sec-filings
  3. DOMO
  4. [8-K] DOMO, INC. Reports Material Event

CTO exit at Domo (NASDAQ: DOMO) comes amid advanced deal talks

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Domo, Inc. reported that Chief Technology Officer and Executive Vice President of Product, Daren Thayne, has decided to resign, effective July 10, 2026. He notified the company on June 22, 2026 and is leaving to accept another executive role outside Domo.

The company states that his resignation is not due to any disagreement regarding operations, policies, or practices. Thayne is expected to remain in his current role and assist with a transition of responsibilities through the effective date.

Domo notes it is in advanced negotiations around a potential transaction involving the company. In this context, it does not immediately plan to replace the CTO; instead, other members of management will assume his duties on an interim basis.

Positive

  • None.

Negative

  • None.

Insights

CTO exit amid potential transaction talks adds leadership transition risk.

The resignation of Domo’s long-serving Chief Technology Officer and EVP of Product, effective July 10, 2026, removes a key technology and product leader during an important period. The company states there were no disagreements over operations, policies, or practices.

Duties will be covered on an interim basis by other managers, and Domo explicitly references advanced negotiations around a potential transaction involving the company. Leadership continuity in technology and product during these negotiations will depend on how effectively interim arrangements work.

The combination of a senior leadership change and ongoing transaction discussions makes this event notable for governance and strategic direction, even though no specific transaction terms, timing, or counterparties are provided in the excerpt.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Resignation notice date June 22, 2026 Date Daren Thayne notified Domo of his decision to resign
Effective resignation date July 10, 2026 Effective date of CTO and EVP of Product resignation
Principal executive offices address 802 East 1050 South, American Fork, UT 84003 Location of Domo’s principal executive offices
Company telephone number (801) 899-1000 Registrant’s telephone number as listed in the report
Effective Date regulatory
"effective July 10, 2026 (the "Effective Date"), to accept another executive"
The effective date is the specific calendar day when a contract, regulatory action, corporate change, or financial disclosure officially begins to apply and take legal or operational effect. For investors, it marks the moment rules, obligations, ownership, pricing, or reporting change—similar to the exact minute a light switch is flipped—so it determines when rights, liabilities, or market impacts start and which periods or transactions are affected.
Item 5.02 regulatory
"Item 5.02. Departure of Directors or Certain Officers; Election of Directors;"
advanced negotiations financial
"In light of advanced negotiations around a potential transaction involving Domo,"
potential transaction financial
"advanced negotiations around a potential transaction involving Domo, the Company"
principal executive offices regulatory
"802 East 1050 South American Fork, UT 84003 (Address of principal executive offices,"
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Understanding 8-K Material Events →
0001505952false00015059522026-06-222026-06-22

 UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 22, 2026
DOMO, INC.
(Exact name of registrant as specified in its charter)
Delaware
001-38553
27-3687433
(State or other jurisdiction of
incorporation or organization)
(Commission
File Number)
(I.R.S. Employer
Identification Number)
802 East 1050 South
American Fork, UT 84003
(Address of principal executive offices, and Zip Code)
Registrant’s telephone number, including area code: (801) 899-1000
Not applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading symbol(s)Name of each exchange on which registered
Class B Common Stock, par value $0.001 per shareDOMOThe Nasdaq Global Market
☐Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
☐If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.



Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On June 22, 2026, Daren Thayne, Chief Technology Officer and Executive Vice President of Product of Domo, Inc. (the "Company" or "Domo"), notified the Company of his decision to resign, effective July 10, 2026 (the "Effective Date"), to accept another executive position outside the Company. Mr. Thayne’s resignation is not the result of any disagreements with the Company on any matter relating to the Company’s operations, policies, or practices. Mr. Thayne is expected to remain in his current position to assist with the transition of his responsibilities through the Effective Date. In light of advanced negotiations around a potential transaction involving Domo, the Company does not immediately plan to replace Mr. Thayne and his duties will be assumed, on an interim basis, by other members of management.



SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
DOMO, INC.
Date: June 25, 2026

By:

/s/ Tod Crane
Tod Crane
Chief Financial Officer


Source: View Original Filing on SEC EDGAR

FAQ

Why did Daren Thayne resign from Domo (DOMO)?

Daren Thayne resigned to accept another executive position outside Domo. The company states his resignation is not due to any disagreement about operations, policies, or practices, and he will assist with transitioning responsibilities through the July 10, 2026 effective date.

When is Domo (DOMO) CTO Daren Thayne’s resignation effective?

Daren Thayne’s resignation as Chief Technology Officer and EVP of Product is effective July 10, 2026. He notified the company on June 22, 2026, and is expected to remain in his role until then to help transition his responsibilities.

Will Domo (DOMO) immediately replace the Chief Technology Officer role?

Domo does not plan to immediately replace the Chief Technology Officer role. The company notes it is in advanced negotiations around a potential transaction and says other members of management will assume Thayne’s duties on an interim basis after his July 10, 2026 departure.

What potential transaction is Domo (DOMO) negotiating?

Domo mentions it is in advanced negotiations around a potential transaction involving the company but does not provide details in the excerpt. No information is given on the type of transaction, counterparties, or expected timing within the provided text.

Who signed the Domo (DOMO) report announcing the CTO’s resignation?

The report announcing Daren Thayne’s resignation was signed on behalf of Domo by Chief Financial Officer Tod Crane. The signature block shows his role as CFO, indicating he is the executive officer formally authorizing the submission under the Securities Exchange Act of 1934.

Filing Exhibits & Attachments

3 documents

Other Documents