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Form 8-K · Current Report · Filed 2025-02-10

Okta Appoints Eric Kelleher as New President and COO

Okta, Inc. announced the appointment of Eric Kelleher as President and Chief Operating Officer (COO) on February 10, 2025. Kelleher, with over 25 years of experience in leading customer teams and SaaS companies, will oversee several key departments and report directly to CEO Todd McKinnon. Additionally, Eugenio Pace, the current President of Business Operations, will retire at the end of March 2025. Kelleher's role will involve reigniting growth and operational excellence at Okta.

Filer
Okta Inc. OKTA · NASDAQ
Filed
Accession
0001660134-25-000024
CIK
0001660134
Signal
High impactTechnology

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

New COO Appointed Key Executive Appointment
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$97.00

Next session

-1.3%

Since filing

+46.3%

Latest close

$141.93

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

Precedent

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

Exhibits (1)

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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