N-able (NABL) replaces chief revenue officer as Colletti departs role
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
N-able, Inc. reported that Frank Colletti left his position as Chief Revenue Officer, effective July 9, 2026. Under his existing employment agreement, he may be entitled to severance benefits, and any material modifications to those benefits will be disclosed in an amendment.
The company also announced that Russell Rosa has joined as Chief Revenue Officer, effective July 13, 2026. Rosa will oversee N‑able’s global sales organization, channel and partner ecosystem, support, and sales operations, including responsibilities previously overseen by Colletti.
Positive
- None.
Negative
- Chief Revenue Officer departure: Named executive officer Frank Colletti left his role as CRO effective July 9, 2026, creating senior leadership turnover in a key revenue position.
Insights
Analyzing...
8-K Event Classification
2 items: 5.02, 8.01
2 items
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.
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Key Figures
Colletti departure date: July 9, 2026
Rosa appointment date: July 13, 2026
Par value per share: $0.001
3 metrics
Colletti departure date
July 9, 2026
Effective date of Frank Colletti leaving Chief Revenue Officer role
Rosa appointment date
July 13, 2026
Effective date of Russell Rosa assuming Chief Revenue Officer role
Par value per share
$0.001
Par value of N‑able, Inc. common stock
Key Terms
Chief Revenue Officer, severance benefits, employment agreement, emerging growth company
4 terms
Chief Revenue Officer financial
"Frank Colletti has left his position as Chief Revenue Officer of the Company"
A chief revenue officer is a top executive responsible for overseeing all aspects of generating income for a company, including sales, marketing, and customer relationships. They develop strategies to attract and retain customers, much like a coach guiding a team to score more points. Investors pay attention to this role because it directly influences the company's growth and profitability.
severance benefits financial
"Mr. Colletti may be entitled to certain severance benefits pursuant and subject"
employment agreement financial
"pursuant and subject to the terms and conditions of his existing employment agreement"
emerging growth company regulatory
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
FAQ
What executive change did N-able (NABL) disclose in this 8-K?
N‑able disclosed that Frank Colletti left his position as Chief Revenue Officer, effective July 9, 2026, and that Russell Rosa was appointed Chief Revenue Officer effective July 13, 2026.
When was the Chief Revenue Officer change at N-able (NABL) effective?
Frank Colletti’s departure as Chief Revenue Officer was effective on July 9, 2026. His successor, Russell Rosa, assumed the Chief Revenue Officer role effective July 13, 2026.
Will former CRO Frank Colletti receive severance from N-able (NABL)?
The company states that Frank Colletti may be entitled to severance benefits under his existing employment agreement. Any material modifications to those severance benefits will be disclosed in an amendment.
What responsibilities will new CRO Russell Rosa have at N-able (NABL)?
Russell Rosa will oversee N‑able’s global sales organization, channel and partner ecosystem, support, and sales operations, including the functions previously overseen by former CRO Frank Colletti.
Did N-able (NABL) indicate changes to Colletti’s severance terms?
N‑able referenced severance benefits under Colletti’s existing employment agreement. It added that any material modifications to those severance benefits will be disclosed in a future amendment.