Guidewire Software Announces Executive and Board Changes
Ticker: GWRE · Form: 8-K · Filed: Jun 14, 2024 · CIK: 1528396
Sentiment: neutral
Topics: executive-change, board-change, cfo-appointment
Related Tickers: GWRE
TL;DR
Guidewire CFO out, new CFO and 2 directors in. Big changes at the top.
AI Summary
Guidewire Software, Inc. announced on June 11, 2024, changes in its executive team and board of directors. Specifically, Scott R. Arnold has been appointed as the new Chief Financial Officer, succeeding Benjamin D. Brown. Additionally, two new independent directors, David L. Shirk and David J. Shuman, have joined the Board of Directors.
Why It Matters
These executive and board changes could signal a shift in strategic direction or financial oversight for Guidewire Software, Inc.
Risk Assessment
Risk Level: medium — Changes in key executive positions and board composition can introduce uncertainty regarding future strategy and performance.
Key Players & Entities
- Guidewire Software, Inc. (company) — Registrant
- Scott R. Arnold (person) — Appointed Chief Financial Officer
- Benjamin D. Brown (person) — Departing Chief Financial Officer
- David L. Shirk (person) — Appointed Independent Director
- David J. Shuman (person) — Appointed Independent Director
- June 11, 2024 (date) — Date of earliest event reported
FAQ
Who has been appointed as the new Chief Financial Officer of Guidewire Software, Inc.?
Scott R. Arnold has been appointed as the new Chief Financial Officer.
Who did Scott R. Arnold replace as CFO?
Scott R. Arnold succeeded Benjamin D. Brown as Chief Financial Officer.
When was the earliest event reported in this filing?
The earliest event reported was on June 11, 2024.
How many new independent directors were appointed to the Board of Directors?
Two new independent directors, David L. Shirk and David J. Shuman, were appointed.
What is the principal executive office address for Guidewire Software, Inc.?
The principal executive offices are located at 970 Park Pl, Suite 200, San Mateo, CA 94403.
Filing Stats: 421 words · 2 min read · ~1 pages · Grade level 10.8 · Accepted 2024-06-14 17:30:21
Key Financial Figures
- $0.0001 — ange on which registered Common Stock, $0.0001 par value GWRE New York Stock Exchange
Filing Documents
- gwre-20240611.htm (8-K) — 22KB
- 0001528396-24-000059.txt ( ) — 141KB
- gwre-20240611.xsd (EX-101.SCH) — 2KB
- gwre-20240611_lab.xml (EX-101.LAB) — 21KB
- gwre-20240611_pre.xml (EX-101.PRE) — 12KB
- gwre-20240611_htm.xml (XML) — 3KB
02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers
Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers. On June 11, 2024, Marcus Ryu informed Guidewire Software, Inc. (the "Company") of his intent to not stand for re-election to the Company's board of directors (the "Board") at the Company's 2024 annual meeting of stockholders. The Board thanks Mr. Ryu for his years of service to the Company as co-founder, CEO, and director. SIGNATURE 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. GUIDEWIRE SOFTWARE, INC. By: /s/ JEFF COOPER Jeff Cooper Chief Financial Officer Date: June 14, 2024