Snowflake Director Departs, New Director Appointed
Ticker: SNOW · Form: 8-K · Filed: Jul 2, 2024 · CIK: 1640147
| Field | Detail |
|---|---|
| Company | Snowflake Inc. (SNOW) |
| Form Type | 8-K |
| Filed Date | Jul 2, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-changes, executive-compensation
Related Tickers: SNOW
TL;DR
Snowflake board shakeup: Scarpino out, Schneider in. Compensation details also filed.
AI Summary
Snowflake Inc. announced on June 30, 2024, the departure of director Michael L. D. Scarpino and the appointment of new director David L. Schneider. The company also disclosed compensatory arrangements for certain officers, though specific details and dollar amounts are not provided in this excerpt.
Why It Matters
Changes in board composition can signal shifts in company strategy or governance, while details on executive compensation are crucial for understanding shareholder value and executive incentives.
Risk Assessment
Risk Level: medium — Board changes and executive compensation disclosures can impact investor confidence and signal potential strategic shifts.
Key Players & Entities
- Snowflake Inc. (company) — Registrant
- Michael L. D. Scarpino (person) — Departing Director
- David L. Schneider (person) — Appointed Director
- June 30, 2024 (date) — Date of earliest event reported
FAQ
Who has departed from Snowflake's board of directors?
Michael L. D. Scarpino has departed from Snowflake's board of directors as of June 30, 2024.
Who has been appointed to Snowflake's board of directors?
David L. Schneider has been appointed to Snowflake's board of directors as of June 30, 2024.
What is the date of the earliest event reported in this filing?
The earliest event reported in this filing is dated June 30, 2024.
What is Snowflake Inc.'s principal executive office address?
Snowflake Inc.'s principal executive office is located at Suite 3A, 106 East Babcock Street, Bozeman, Montana, 59715.
What is the IRS Employer Identification Number for Snowflake Inc.?
Snowflake Inc.'s IRS Employer Identification Number is 46-0636374.
Filing Stats: 515 words · 2 min read · ~2 pages · Grade level 11.9 · Accepted 2024-07-02 16:55:18
Key Financial Figures
- $0.0001 — which registered Class A Common Stock, $0.0001 par value SNOW The New York Stock Exch
Filing Documents
- snow-20240630.htm (8-K) — 27KB
- 0001640147-24-000183.txt ( ) — 186KB
- snow-20240630.xsd (EX-101.SCH) — 2KB
- snow-20240630_def.xml (EX-101.DEF) — 17KB
- snow-20240630_lab.xml (EX-101.LAB) — 28KB
- snow-20240630_pre.xml (EX-101.PRE) — 17KB
- snow-20240630_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Snowflake Inc. Dated: July 2, 2024 By: /s/ Michael P. Scarpelli Michael P. Scarpelli Chief Financial Officer