Five9 CFO Departs, New CLO and CFO Appointed
Ticker: FIVN · Form: 8-K · Filed: Feb 11, 2025 · CIK: 1288847
| Field | Detail |
|---|---|
| Company | Five9, INC. (FIVN) |
| Form Type | 8-K |
| Filed Date | Feb 11, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-change, cfo, legal
Related Tickers: FIVN
TL;DR
Five9 CFO Barry Zwarenstein is out as CFO, but in as CLO; Rowan Benecke is the new CFO. #ExecChanges
AI Summary
On February 5, 2025, Five9, Inc. announced the departure of its Chief Financial Officer, Barry Zwarenstein. The company also announced the appointment of Barry Zwarenstein as its new Chief Legal Officer and Corporate Secretary, effective February 5, 2025. Additionally, the company appointed Rowan Benecke as its new Chief Financial Officer, also effective February 5, 2025.
Why It Matters
This filing indicates a significant shift in Five9's executive leadership, with the CFO moving to a legal role and a new CFO being appointed, which could impact financial strategy and investor confidence.
Risk Assessment
Risk Level: medium — Changes in key executive positions, especially the CFO, can introduce uncertainty and potential disruption to financial operations and strategic direction.
Key Players & Entities
- Five9, Inc. (company) — Registrant
- Barry Zwarenstein (person) — Former Chief Financial Officer, new Chief Legal Officer and Corporate Secretary
- Rowan Benecke (person) — New Chief Financial Officer
- February 5, 2025 (date) — Effective date of executive changes
FAQ
Who has been appointed as the new Chief Financial Officer of Five9, Inc.?
Rowan Benecke has been appointed as the new Chief Financial Officer of Five9, Inc., effective February 5, 2025.
What is Barry Zwarenstein's new role at Five9, Inc.?
Barry Zwarenstein has been appointed as the Chief Legal Officer and Corporate Secretary of Five9, Inc., effective February 5, 2025.
What was Barry Zwarenstein's previous role at Five9, Inc.?
Barry Zwarenstein was previously the Chief Financial Officer of Five9, Inc.
When were these executive changes effective?
The executive changes were effective on February 5, 2025.
What is the company's principal executive office address?
The principal executive offices of Five9, Inc. are located at 3001 Bishop Drive, Suite 350, San Ramon, CA 94583.
Filing Stats: 560 words · 2 min read · ~2 pages · Grade level 10.6 · Accepted 2025-02-11 16:05:24
Key Financial Figures
- $0.001 — ich Registered Common stock, par value $0.001 per share FIVN The NASDAQ Global Market
Filing Documents
- fivn-20250205.htm (8-K) — 30KB
- independent_consultingxa.htm (EX-10.1) — 48KB
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- 0001288847-25-000004.txt ( ) — 5106KB
- fivn-20250205.xsd (EX-101.SCH) — 2KB
- fivn-20250205_lab.xml (EX-101.LAB) — 22KB
- fivn-20250205_pre.xml (EX-101.PRE) — 13KB
- fivn-20250205_htm.xml (XML) — 3KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 10.1 Consulting Agreement between Five9, Inc. and Daniel Burkland, dated February 7, 2025. 104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. FIVE9, INC. Date: February 11, 2025 By: /s/ Barry Zwarenstein Barry Zwarenstein Chief Financial Officer