DocuSign Inc.
DocuSign Announces Departure of President of Product and Technology
Summary
DocuSign, Inc. announced on January 16, 2024, the departure of Inhi Cho Suh, its President of Product and Technology, effective February 14, 2024. Suh's separation is not due to any disagreement with the company and qualifies for separation benefits under her Severance Agreement, including cash severance, bonus payment, COBRA coverage, and vesting acceleration of equity awards. Additionally, the company has amended and restated the severance agreements for several other executives to provide enhanced benefits under certain conditions.
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Exhibits (2)
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About DocuSign Inc.
DocuSign Inc. operates as a global leader in electronic signature technology and digital transaction management services. Their primary purpose is to facilitate the transition from paper-based agreements to electronic transactions, significantly enhancing efficiency and reducing environmental impact. DocuSign's platform enables individuals and businesses across various sectors, including real estate, finance, healthcare, and government, to securely sign, send, and manage documents online, thus streamlining workflows and ensuring compliance with legal standards. As the pioneer of e-signature technology, DocuSign plays a critical role in the digital transformation of how agreements are executed around the world. Founded in 2003 and headquartered in San Francisco, the company serves millions of users, leveraging innovations in cloud computing to offer scalable solutions that cater to enterprises of all sizes. As remote work and digital transactions become increasingly prevalent, DocuSign's solutions continue to gain importance, underscoring its pivotal role in the modernization of document management and transaction processes across industries.
Official SEC Documents
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