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Form 8-K · Current Report · Filed 2024-06-17

DigitalOcean Appoints Bratin Saha as New Chief Product and Technology Officer

DigitalOcean Holdings, Inc. announced on June 17, 2024, the appointment of Bratin Saha as its Chief Product and Technology Officer (CPTO). Saha, previously Vice President and General Manager of AI, ML, and Data Infrastructure at Amazon Web Services, will lead product strategy, development, infrastructure, and security. His expertise in generative AI and machine learning is expected to enhance DigitalOcean's position as a leading developer cloud. The full announcement is available as Exhibit 99.1.

Filer
DigitalOcean Holdings Inc. DOCN · NYSE
Filed
Accession
0001582961-24-000095
CIK
0001582961
Signal
Low impactTechnology

Items reported

Item 7.01

Regulation FD Disclosure

Regulation FD Disclosure
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$35.03

Next session

-0.8%

Since filing

+235.4%

Latest close

$117.50

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from DOCN reporting the same item, with the next session's move:

Exhibits (1)

About DigitalOcean Holdings Inc.

DigitalOcean Holdings Inc. is a cloud infrastructure provider aimed at simplifying cloud computing for small-to-medium-sized businesses as well as individual developers. The company's primary function is to deliver scalable and cost-effective cloud services, including computing, data storage, and networking, through an intuitive platform designed for ease of use. Notably, DigitalOcean focuses on the developer experience by offering streamlined setup processes and comprehensive documentation to aid the deployment and management of cloud applications. The company impacts sectors ranging from software development to e-commerce by enabling rapid application development and growth without the complexity that typically accompanies such infrastructure solutions. A defining feature of DigitalOcean's offerings is its Droplets, which are virtual machines that can be spun up quickly to handle various server-side applications. In the competitive cloud infrastructure market, DigitalOcean stands out for its commitment to serving a niche of developers who value simplicity, transparency, and community focus, thereby playing a vital role in empowering digital innovation and entrepreneurship.

Exchange NYSE Industry Software - Infrastructure Company website ↗

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