8-KLeadership ChangesExhibits & Filings

Snowflake Inc. 8-K Report, Executive Changes (Sep 3, 2025)

Filed September 3, 2025For Securities:SNOW

Summary

Snowflake Inc. has announced a significant leadership change with the appointment of Brian Robins as its new Chief Financial Officer (CFO), effective September 22, 2025. Robins succeeds Michael P. Scarpelli, who will remain with the company in an advisory capacity during a transition period and subsequently as a consultant for 12 months. This transition marks the culmination of a search initiated in February 2025 following Mr. Scarpelli's announced retirement. Mr. Robins brings a wealth of experience to Snowflake, having previously served as CFO for notable technology companies including GitLab Inc., Sisense Ltd., and Cylance Inc. His compensation package includes a base salary of $500,000, a target annual bonus of 100% of base salary, and substantial equity awards totaling approximately $30.5 million in new hire restricted stock units, with potential for additional awards in fiscal year 2027. Investors will likely focus on Mr. Robins's track record and his ability to guide Snowflake's financial strategy through its next growth phase.

Key Highlights

  • 1Snowflake appoints Brian Robins as new Chief Financial Officer (CFO), effective September 22, 2025.
  • 2Current CFO, Michael P. Scarpelli, will transition to a consulting role for 12 months post-employment to ensure continuity.
  • 3Brian Robins has extensive experience as CFO for technology companies like GitLab, Sisense, and Cylance.
  • 4Mr. Robins's compensation includes a base salary of $500,000 and a target annual bonus of 100% of base salary.
  • 5Significant new hire equity awards valued at $30.5 million in restricted stock units are granted to Mr. Robins.
  • 6Mr. Robins is eligible for additional equity awards valued at $5 million in fiscal year 2027, subject to performance and board approval.
  • 7The company also confirmed Mr. Robins will participate in the existing Severance and Change in Control Plan.

Frequently Asked Questions

Brian Robins has been appointed as the new Chief Financial Officer (CFO) of Snowflake. His appointment is effective upon his commencement of employment with the company, which is expected to be September 22, 2025.

Michael P. Scarpelli will remain in his current role until Mr. Robins's effective date. Following this, he will stay on as an employee for a period to support a smooth transition and will then serve as an independent contractor for a 12-month term under a consulting agreement. His outstanding equity awards will continue to vest during this post-employment period.

Mr. Robins's compensation includes an annual base salary of $500,000, an annual incentive bonus with a target of 100% of his base salary, and significant equity awards. These equity awards consist of a new hire restricted stock unit (RSU) award valued at $28,000,000 and an additional RSU award valued at $2,500,000. He is also expected to receive further equity awards valued at $5,000,000 in fiscal year 2027.

Brian Robins has a strong financial leadership background in the technology sector. Most recently, he served as CFO of GitLab Inc. Prior to that, he held CFO roles at Sisense Ltd. and Cylance Inc., and has also held senior financial positions at companies such as Computer Sciences Corporation and VeriSign, Inc.