DigitalOcean Appoints New Directors, One Departs Board
Ticker: DOCN · Form: 8-K · Filed: Mar 28, 2025 · CIK: 1582961
| Field | Detail |
|---|---|
| Company | Digitalocean Holdings, Inc. (DOCN) |
| Form Type | 8-K |
| Filed Date | Mar 28, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-changes, governance
Related Tickers: DOCN
TL;DR
DigitalOcean's board is changing: McAndrews out, Jones and Miller in.
AI Summary
DigitalOcean Holdings, Inc. announced on March 26, 2025, the departure of board member Michael J. McAndrews. The company also elected two new directors, Sarah E. Jones and David L. Miller, to its Board of Directors, effective March 26, 2025. These changes are part of the company's ongoing governance.
Why It Matters
Changes in board composition can signal shifts in company strategy or governance, potentially impacting investor confidence and future decision-making.
Risk Assessment
Risk Level: low — The filing reports routine changes in board membership, which typically carry low immediate risk.
Key Players & Entities
- DigitalOcean Holdings, Inc. (company) — Registrant
- Michael J. McAndrews (person) — Departing Director
- Sarah E. Jones (person) — Newly Elected Director
- David L. Miller (person) — Newly Elected Director
- March 26, 2025 (date) — Effective date of board changes
FAQ
Who has departed from DigitalOcean's Board of Directors?
Michael J. McAndrews has departed from DigitalOcean's Board of Directors.
Who have been elected as new directors to DigitalOcean's Board?
Sarah E. Jones and David L. Miller have been elected as new directors to DigitalOcean's Board.
When were the board changes effective?
The board changes were effective as of March 26, 2025.
What is DigitalOcean Holdings, Inc.'s state of incorporation?
DigitalOcean Holdings, Inc. is incorporated in Delaware.
What is the principal executive office address for DigitalOcean?
The principal executive office address for DigitalOcean is 101 6th Avenue, New York, New York 10013.
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on March 28, 2025 by Michael J. McAndrews regarding DigitalOcean Holdings, Inc. (DOCN).