Rapid7 CFO Departs; Interim Appointed; New Directors Elected

Ticker: RPD · Form: 8-K · Filed: Jun 5, 2024 · CIK: 1560327

Rapid7, Inc. 8-K Filing Summary
FieldDetail
CompanyRapid7, Inc. (RPD)
Form Type8-K
Filed DateJun 5, 2024
Risk Levelmedium
Pages1
Reading Time2 min
Key Dollar Amounts$0.01
Sentimentneutral

Sentiment: neutral

Topics: executive-change, board-composition, personnel-change

TL;DR

Rapid7 CFO out, interim in. Two new directors join the board.

AI Summary

Rapid7, Inc. announced on June 4, 2024, the departure of its Chief Financial Officer, Christopher L. Pohlen, effective June 3, 2024. The company also appointed Douglas L. Mack as interim CFO. Additionally, the company announced the election of two new directors, David L. Hudson and Robert J. W. Johnson, to its Board of Directors, effective June 3, 2024.

Why It Matters

The departure of a CFO and the appointment of new board members can signal strategic shifts or internal changes that may impact the company's financial direction and governance.

Risk Assessment

Risk Level: medium — Changes in key executive positions and board composition can introduce uncertainty regarding future strategy and financial management.

Key Players & Entities

  • Rapid7, Inc. (company) — Registrant
  • Christopher L. Pohlen (person) — Departing Chief Financial Officer
  • Douglas L. Mack (person) — Interim Chief Financial Officer
  • David L. Hudson (person) — Newly Elected Director
  • Robert J. W. Johnson (person) — Newly Elected Director
  • June 4, 2024 (date) — Date of Report
  • June 3, 2024 (date) — Effective Date of CFO Departure and Director Election

FAQ

Who has been appointed as the interim Chief Financial Officer of Rapid7?

Douglas L. Mack has been appointed as the interim Chief Financial Officer of Rapid7.

When was Christopher L. Pohlen's departure as CFO effective?

Christopher L. Pohlen's departure as CFO was effective June 3, 2024.

How many new directors were elected to Rapid7's Board of Directors?

Two new directors, David L. Hudson and Robert J. W. Johnson, were elected to Rapid7's Board of Directors.

What is the effective date for the election of the new directors?

The election of the new directors was effective June 3, 2024.

What is the principal executive office address for Rapid7, Inc.?

The principal executive office address for Rapid7, Inc. is 120 Causeway Street, Boston, Massachusetts 02114.

Filing Stats: 430 words · 2 min read · ~1 pages · Grade level 12.5 · Accepted 2024-06-05 16:20:18

Key Financial Figures

  • $0.01 — ange on which registered Common Stock, $0.01 par value per share RPD The Nasdaq Glob

Filing Documents

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. Rapid7, Inc. Dated: June 5, 2024 By: /s/ Tim Adams Tim Adams Chief Financial Officer

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