Cynthia Gaylor
to step down as CFO later this year; Company commences search
process
SAN
FRANCISCO, March 9, 2023 /PRNewswire/ -- DocuSign
(NASDAQ: DOCU) today announced that Cynthia
Gaylor has informed the company that she intends to step
down from her position as Chief Financial Officer in the coming
months. DocuSign has initiated a search led by Chief Executive
Officer, Allan Thygesen, to identify
the company's next CFO. Gaylor will remain in her role to ensure a
smooth transition, including through the announcement and filing of
the company's Q1 FY2024 results.
Gaylor was appointed CFO in September
2020, and prior to that served as a member of DocuSign's
Board, including as Chair of the Audit Committee.
"Cynthia has been an instrumental part of DocuSign's story. We
have benefited from her unwavering commitment and leadership these
last few years, and we are grateful for the strong foundation she
leaves behind," said Allan Thygesen,
CEO of DocuSign. "Her countless contributions include guiding the
company through tremendous growth and serving as a stabilizing
force during significant market adjustments and leadership changes.
I want to thank her for her partnership during my tenure as CEO and
her willingness to support a seamless transition before she moves
on to her next opportunity."
"It has been an honor to serve as DocuSign's CFO the past few
years, and to work alongside the talented team we have in place
across our CFO organization and DocuSign more broadly. Together we
have played an important role in shaping how the world agrees. I am
proud of what we accomplished together and am excited for the
future," said Cynthia Gaylor, CFO of
DocuSign. "DocuSign is well positioned for success, and I look
forward to ensuring a seamless transition in the coming
months."
Gaylor's planned departure is not a result of any disagreement
regarding the company's financial statements or disclosures.
Fourth Quarter and Full Year Fiscal 2023 Results
In a
separate press release issued today, DocuSign announced its fourth
quarter and full year fiscal 2023 results. The company will host a
conference call at 1:30 p.m. Pacific
Standard Time (4:30 p.m. Eastern
Standard Time) to discuss its financial results. A live
webcast of the event will be available on the DocuSign Investor
Relations website at investor.docusign.com.
For more information on DocuSign, visit
www.docusign.com
About DocuSign
DocuSign helps organizations connect
and automate how they navigate their systems of agreement. As part
of its industry leading product lineup, DocuSign offers eSignature,
the world's #1 way to sign electronically on practically any
device, from almost anywhere, at any time. Today, over a million
customers and more than a billion users in over 180 countries use
the DocuSign platform to accelerate the process of doing business
and simplify people's lives. For more information visit
http://www.docusign.com.
Copyright 2023. DocuSign, Inc. is the owner of DOCUSIGN® and all
its other marks (www.docusign.com/IP).
Media Relations
Megan
Gregorio
media@docusign.com
Investor Relations
investors@docusign.com
Forward-Looking Statements
This press release
contains forward-looking statements within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended, that are based on
our management's beliefs and assumptions, and which statements can
involve substantial risk and uncertainties. Forward-looking
statements include all statements that are not historical facts and
can be identified by terms such as "may," "will," "plans,"
"potential," or "continue" or the negative of these words or other
similar terms or expressions that concern our expectations,
strategy, plans or intentions. Additional risks and uncertainties
affecting our business can be found in our annual report on Form
10-K for the fiscal year ended January 31,
2022 filed on March 25, 2022,
our quarterly report on Form 10-Q for the quarter ended
October 31, 2022 filed on
December 8, 2022 with the Securities
and Exchange Commission (the "SEC"), and other filings that we make
from time to time with the SEC. Any forward-looking statements
contained in this press release are based on assumptions that we
believe to be reasonable as of this date. Except as required by
law, we assume no obligation to update these forward-looking
statements, or to update the reasons if actual results differ
materially from those anticipated in the forward-looking
statements.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/docusign-announces-cfo-transition-plan-301768356.html
SOURCE DocuSign, Inc.