8-KLeadership ChangesExhibits & Filings

ServiceNow, Inc. 8-K Report, Executive Changes (May 2, 2019)

Filed May 2, 2019For Securities:NOW

Summary

ServiceNow, Inc. (NOW) filed an 8-K on May 1, 2019, to announce the upcoming departure of its Chief Financial Officer, Michael P. Scarpelli. Mr. Scarpelli intends to resign from his role after the company releases its second quarter 2019 earnings. The company has commenced a search for a successor to ensure a smooth transition. This announcement comes as ServiceNow is likely preparing for its quarterly earnings report. Investors should pay close attention to the timing of the CFO transition and the company's communication regarding its future financial leadership. The press release, filed as an exhibit, likely contains further details on the reasons for the departure and the timeline for finding a replacement, though it is explicitly stated as not being considered 'filed' for regulatory purposes.

Key Highlights

  • 1Chief Financial Officer (CFO) Michael P. Scarpelli announced his decision to resign.
  • 2Mr. Scarpelli's resignation will be effective after ServiceNow releases its Q2 2019 earnings.
  • 3The company has initiated a search for a new Chief Financial Officer.
  • 4The announcement was made via an 8-K filing on May 1, 2019, with an event date of April 28, 2019.
  • 5A press release dated May 2, 2019, is attached as an exhibit to the filing, providing additional information.

Frequently Asked Questions

The 8-K filing states that Mr. Scarpelli notified the Company of his decision to resign. The specific reasons for his departure are not detailed in the 8-K itself but are likely elaborated upon in the attached press release (Exhibit 99.1).

Mr. Scarpelli's resignation will take effect after ServiceNow releases its earnings for the second quarter of 2019.

The Company has initiated a search for Mr. Scarpelli's successor to ensure a seamless transition.

Additional information can be found in the press release dated May 2, 2019, which is attached as Exhibit 99.1 to this Current Report on Form 8-K. However, please note that the information in the press release is not deemed 'filed' for regulatory purposes.