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Palantir Technologies Inc. 8-K Report, Executive Changes (Feb 28, 2025)

Reports
Leadership Changes
Filing Date
Filed February 28, 2025
Period End
February 27, 2025
Security
PLTR
In the record · 2020–202610-K610-Q188-K45

PLTR filed 6 annual reports (10-K), 18 quarterly reports (10-Q) and 45 current reports (8-K) between 2020 and 2026.

  1. Material agreement8-K · Apr ’21Apr ’21
  2. Leadership change8-K · Feb ’23Feb ’23

01—Abstract

Summary

Summary of the 8-K filed February 28, 2025. Cited figures are marked; the original filing is the authoritative source.

Palantir Technologies Inc. announced a significant leadership change in its accounting department via an 8-K filing.

Effective March 24, 2025, Jeffrey Buckley will return to Palantir as the Chief Accounting Officer (CAO) and principal accounting officer, succeeding David Glazer who had been serving in an interim capacity. This move brings a familiar face back to a critical financial role, with Mr. Buckley having previously held the CAO position at Palantir from September 2020 to February 2023. The company has also outlined Mr. Buckley's compensation package, which includes an annual base salary of $400,000a and a substantial restricted stock unit (RSU) award valued at $3.5 million.

The RSU award features a multi-year vesting schedule, aligning Mr. Buckley's incentives with the company's long-term performance and value creation. This appointment addresses the recent departure of Heather Planishek and aims to provide stability and experienced leadership to Palantir's financial reporting and controls.

02—Key points

Key Highlights

  1. Jeffrey Buckley appointed as Chief Accounting Officer and principal accounting officer, effective March 24, 2025.
  2. Mr. Buckley is a returning executive, having previously served as Palantir's CAO from September 2020 to February 2023.
  3. David Glazer will transition from interim principal accounting officer back to his full-time CFO and Treasurer roles.
  4. Mr. Buckley will receive an annual base salary of $400,000.
  5. A restricted stock unit (RSU) award valued at $3.5 million is granted to Mr. Buckley, subject to vesting terms.
  6. The RSU award has a staggered vesting schedule beginning in the second quarter of 2025, reflecting a commitment to long-term tenure.
  7. The appointment aims to ensure experienced leadership in financial oversight following a recent departure.

03—Questions

Frequently Asked Questions

  1. Who is the new Chief Accounting Officer at Palantir?

    Jeffrey Buckley has been appointed as the new Chief Accounting Officer (CAO) and principal accounting officer for Palantir Technologies Inc., with his role becoming effective on March 24, 2025.

  2. Why is Jeffrey Buckley returning to Palantir?

    Mr. Buckley is returning to Palantir to fill the Chief Accounting Officer role, which became vacant following the resignation of Heather Planishek. He previously held this position from September 2020 to February 2023, bringing back experienced leadership to the company's financial reporting.

  3. What is Jeffrey Buckley's compensation package?

    Mr. Buckley will receive an annual base salary of $400,000. Additionally, he will be granted restricted stock units (RSUs) valued at $3.5 million, which are subject to specific vesting conditions over several quarters, starting in the second quarter of 2025.

  4. What happens to David Glazer's role?

    David Glazer, who had been serving as interim principal accounting officer, will transition out of that specific role upon Mr. Buckley's effective date. He will continue in his primary positions as Chief Financial Officer and Treasurer of Palantir.

04—Continue

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