Tenable Holdings CFO Departs, Interim Appointed
Ticker: TENB · Form: 8-K · Filed: Jan 6, 2025 · CIK: 1660280
| Field | Detail |
|---|---|
| Company | Tenable Holdings, Inc. (TENB) |
| Form Type | 8-K |
| Filed Date | Jan 6, 2025 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-departure, interim-cfo, board-changes
TL;DR
Tenable CFO Michael Scarpelli out, Scott Howitt steps in as interim. Board changes too.
AI Summary
On January 3, 2025, Tenable Holdings, Inc. filed an 8-K reporting the departure of Chief Financial Officer, Michael J. Scarpelli, effective January 3, 2025. The company also announced the appointment of Scott C. Howitt as interim CFO. The filing also disclosed the election of new directors and changes in officer compensation arrangements.
Why It Matters
The departure of a CFO can signal changes in financial strategy or performance, while the appointment of an interim CFO suggests a transition period for the company's financial leadership.
Risk Assessment
Risk Level: medium — Changes in key executive positions, especially the CFO, can introduce uncertainty regarding financial strategy and future performance.
Key Players & Entities
- Tenable Holdings, Inc. (company) — Registrant
- Michael J. Scarpelli (person) — Departing Chief Financial Officer
- January 3, 2025 (date) — Effective date of CFO departure
- Scott C. Howitt (person) — Appointed Interim Chief Financial Officer
FAQ
Who has been appointed as the interim Chief Financial Officer of Tenable Holdings, Inc.?
Scott C. Howitt has been appointed as the interim Chief Financial Officer.
When was Michael J. Scarpelli's departure as CFO effective?
Michael J. Scarpelli's departure was effective January 3, 2025.
What other significant events are reported in this 8-K filing?
The filing also reports the election of new directors and changes in compensatory arrangements for certain officers.
What is the principal executive office address for Tenable Holdings, Inc.?
The address is 6100 Merriweather Drive, Columbia, Maryland, 21044.
What is the SIC code for Tenable Holdings, Inc.?
The Standard Industrial Classification code is 7372, for SERVICES-PREPACKAGED SOFTWARE.
Filing Stats: 849 words · 3 min read · ~3 pages · Grade level 10.7 · Accepted 2025-01-06 09:05:57
Key Financial Figures
- $0.01 — ich registered Common Stock, par value $0.01 per share TENB The Nasdaq Stock Market
Filing Documents
- tenb-20250103.htm (8-K) — 27KB
- a1032025ex991.htm (EX-99.1) — 9KB
- 0001660280-25-000002.txt ( ) — 161KB
- tenb-20250103.xsd (EX-101.SCH) — 2KB
- tenb-20250103_lab.xml (EX-101.LAB) — 21KB
- tenb-20250103_pre.xml (EX-101.PRE) — 12KB
- tenb-20250103_htm.xml (XML) — 3KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On January 4, 2025, Tenable Holdings, Inc. (the "Company") issued a press release regarding the passing of Amit Yoran, the Company's Chief Executive Officer and Chairman, further described in Item 5.02 below. In that press release, the Company also announced that it expects to meet or exceed the financial guidance for the fourth quarter and full year ended December 31, 2024 as set forth in the Company's earnings release dated October 30, 2024. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K. The information in this Item 2.02 of this Current Report on 8-K (including Exhibit 99.1) is furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or subject to the liabilities of that section or Sections 11 and 12(a)(2) of the Securities Act of 1933, as amended. The information shall not be deemed incorporated by reference into any other filing with the Securities and Exchange Commission made by the Company, whether made before or after today's date, regardless of any general incorporation language in such filing, except as shall be expressly set forth by specific references in such filing. Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On January 4, 2025, the Company announced with deep sadness that Mr. Yoran had passed away on January 3, 2025. The Company previously announced on December 5, 2024 that Mr. Yoran had begun a temporary medical leave of absence from his duties as Chief Executive Officer. At that time, the Board of Directors appointed Stephen A. Vintz, the Company's Chief Financial Officer, and Mark Thurmond, the Company's Chief Operating Officer, to serve as Co-Chief Executive Officers, with Mr. Vintz serving as principal executive officer, on an interim basis. On January 4, 2025, in ligh
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 99.1 Press release — "Tenable Announces the Passing of Chairman and CEO Amit Yoran" 101.SCH Inline XBRL Taxonomy Extension Schema Document. 101.LAB Inline XBRL Taxonomy Extension Label Linkbase Document. 101.PRE Inline XBRL Taxonomy Extension Presentation Linkbase Document. 104 The cover page from Tenable's 8-K filed on January 6, 2025, 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 thereunto duly authorized. TENABLE HOLDINGS, INC. Date: January 6, 2025 By: /s/ Michelle VonderHaar Michelle VonderHaar Chief Legal Officer and Corporate Secretary