DigitalOcean Announces Leadership Transition
24 Agosto 2023 - 5:05PM
Business Wire
Board Initiates CEO Search Process
Yancey Spruill to Step Down as CEO Once
Successor Appointed
Warren Adelman Appointed Executive Chairman of
the Board of Directors
DigitalOcean Holdings, Inc. (NYSE: DOCN) (“DigitalOcean” or “the
Company”), the cloud for startups and SMBs, today announced its
implementation of a leadership succession plan to identify the
Company’s next CEO. Yancey Spruill will continue to serve as Chief
Executive Officer until a successor has been appointed, at which
point he will step down from his role and as a member of the
Board.
The Board has convened a Search Committee to identify
DigitalOcean’s next CEO, and the search process is already
underway. The Board has also retained Spencer Stuart, a leading
executive search firm, to assist in the process.
The Company also announced that Warren Adelman, who has served
on the Board since 2020 and as lead independent director since
2022, has been appointed Executive Chairman of the Board, effective
immediately.
“As we considered how to best position DigitalOcean for
long-term success and scalable growth, the Board and Yancey agreed
that now is the right time to prepare for our next phase of
leadership,” said Adelman. “As the search for DigitalOcean’s next
CEO progresses, we are focused on identifying a candidate with deep
cloud technology and operational expertise to execute the strategic
initiatives underway and deliver strong results.”
Adelman continued, “We appreciate Yancey’s significant
contributions and dedicated years of service to DigitalOcean,
including his successful efforts in taking our Company public. We
are grateful to have the benefit of Yancey’s continued leadership
as we search for DigitalOcean’s next CEO and ensure a smooth
transition for the benefit of all stakeholders.”
“It’s been an honor to serve as DigitalOcean’s CEO for the past
four years,” said Spruill. “I’d like to thank our talented and
growing team of 1,200 employees around the world for their passion
for and commitment to DigitalOcean’s mission to simplify cloud
computing. I look forward to partnering with the Board during this
transition period to continue to build on our strong foundation and
extend our market leadership.”
“Warren is a deeply experienced technology leader and has been
an instrumental member of the Board for nearly three years,” said
Pueo Keffer, Director of the DigitalOcean Board. “On behalf of the
Board, we’re pleased to have Warren assume the role of Executive
Chairman as we focus on identifying a new CEO and working closely
with the executive team to drive value for our shareholders.”
The Company today reaffirmed its financial outlook for the third
quarter and full year 2023, as provided on August 11, 2023.
Forward-Looking Statements
This release may contain 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.
Any forward-looking statements contained in this release are
subject to known and unknown risks, uncertainties, assumptions, and
other factors that may cause actual results or outcomes to be
materially different from any future results or outcomes expressed
or implied by the forward-looking statements. Further information
on these and additional risks, uncertainties, assumptions and other
factors that could cause actual results or outcomes to differ
materially from those included in or contemplated by the
forward-looking statements contained in this release are included
under the caption “Risk Factors” and elsewhere in our Annual Report
on Form 10-K for the year ended December 31, 2022, our Quarterly
Report on Form 10-Q filed for the quarter ended June 30, 2023, and
other filings and reports we make with the SEC from time to
time.
We operate in a very competitive and rapidly changing
environment. New risks and uncertainties emerge from time to time,
and it is not possible for us to predict all risks and
uncertainties that could have an impact on the forward-looking
statements contained in this release. The results, events and
circumstances reflected in the forward-looking statements may not
be achieved or occur. The forward-looking statements made in this
release relate only to events as of the date on which the
statements are made. We assume no obligation to, and do not
currently intend to, update any such forward-looking statements
after the date of this release.
About DigitalOcean
DigitalOcean simplifies cloud computing so businesses can spend
more time creating software that changes the world. With its
mission-critical infrastructure and fully managed offerings,
DigitalOcean helps developers at startups and small and
medium-sized businesses (SMBs) rapidly build, deploy and scale,
whether creating a digital presence or building digital products.
DigitalOcean combines the power of simplicity, security, community
and customer support so customers can spend less time managing
their infrastructure and more time building innovative applications
that drive business growth. For more information, visit
digitalocean.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230824237813/en/
Investors: Rob Bradley investors@digitalocean.com
Media: Spencer Anopol press@digitalocean.com
DigitalOcean (NYSE:DOCN)
Gráfico Histórico do Ativo
De Abr 2024 até Mai 2024
DigitalOcean (NYSE:DOCN)
Gráfico Histórico do Ativo
De Mai 2023 até Mai 2024