Form 8-K · Current Report · Filed 2024-07-22
DigitalOcean Appoints New Chief Revenue Officer
DigitalOcean Holdings, Inc. announced on July 22, 2024, the appointment of Larry D'Angelo as its new Chief Revenue Officer, effective immediately. D'Angelo, a 30-year tech industry veteran, will be responsible for driving new business growth and overseeing the go-to-market strategy, customer success, and corporate communications. His prior experience includes serving as Chief Customer Officer at Rapid7 and Chief Sales Officer at LogMeIn, where he significantly expanded the company's revenue. The announcement was made via a press release and is considered a Regulation FD Disclosure.
- Filer
- DigitalOcean Holdings Inc. DOCN · NYSE
- Filed
- Accession
- 0001582961-24-000113
- CIK
- 0001582961
- Signal
- High impactTechnology
- Source
- Official filing on sec.gov ↗
Items reported
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Regulation FD Disclosure
Financial Statements and Exhibits
Market reaction
Close before filing
$32.82
Next session
-1.5%
Since filing
+258.0%
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.
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