Okta Inc.
Okta Announces Departure of Chief Legal Officer Larissa Schwartz
Summary
On April 22, 2026, Okta, Inc. announced that Larissa Schwartz, its Chief Legal Officer and Corporate Secretary, intends to leave her role effective July 31, 2026. Schwartz will continue in her current role until the effective date and then serve as a senior advisor to the company until January 31, 2027, receiving a monthly base salary of $21,483. She will also be eligible for a lump-sum severance payment equal to nine months of her current base salary, subject to the execution and non-revocation of a release of claims. The complete terms of the transition and separation agreement will be filed as an exhibit to Okta's Quarterly Report on Form 10-Q for the quarter ending April 30, 2026.
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About Okta Inc.
Okta Inc. is a leading provider of identity and access management solutions, enabling organizations to securely connect the right people to the right technologies at the right time. Founded in 2009, Okta serves a wide range of industries including healthcare, financial services, technology, and government, providing seamless and secure interactions between users and their increasingly complex IT environments. One of Okta's core offerings is its cloud-based platform, which helps manage and secure user authentication and access across applications, integrating with numerous enterprise systems and services. The platform's versatility supports single sign-on, multi-factor authentication, and API security, enhancing productivity and security simultaneously. Based in San Francisco, California, Okta plays a significant role in the growing cybersecurity and tech ecosystem by addressing the critical need for robust identity management solutions in a digitally evolving world. Its innovative products and services meet the demands of digital transformation, offering organizations the ability to optimize workforce efficiency while ensuring rigorous security measures.
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