Summary
ServiceNow, Inc. (NOW) announced in this 8-K filing that its Chief Accounting Officer, Fay Sien Goon, will be resigning effective October 14, 2021. Ms. Goon is departing to pursue another career opportunity. While a successor is being sought, the company's Chief Financial Officer, Gina Mastantuono, will assume the responsibilities of the principal accounting officer on an interim basis. This transition appears to be a standard executive departure without immediate financial impact or increased compensation for the interim principal accounting officer.
Key Highlights
- 1Chief Accounting Officer Fay Sien Goon to resign effective October 14, 2021.
- 2Departure is to pursue another career opportunity.
- 3Chief Financial Officer Gina Mastantuono to serve as interim principal accounting officer.
- 4Ms. Mastantuono will continue in her role as CFO.
- 5No additional compensation will be provided to Ms. Mastantuono for assuming interim principal accounting officer duties.
- 6No family relationships exist between Ms. Mastantuono and other executive officers or directors.
- 7No arrangements or understandings for Ms. Mastantuono's selection as interim officer other than her current role.
Frequently Asked Questions
The Chief Accounting Officer, Fay Sien Goon, is resigning to pursue another career opportunity.
Gina Mastantuono, the current Chief Financial Officer, will perform the functions of the principal accounting officer on an interim basis until a successor is appointed.
No, Ms. Mastantuono will not receive any adjustment to her compensation or additional compensation for performing the functions of the principal accounting officer.
The filing states that Ms. Mastantuono's biographical information is available in the company's proxy statement, and there are no disclosed family relationships or special arrangements related to her selection as interim principal accounting officer. She will continue in her primary role as CFO.