8-K: PagerDuty Announces Departure of Chief Legal & People Officer
Current Report (Form 8-K)
Shelley Webb, Chief Legal & People Officer of PagerDuty, has resigned, effective February 3, 2025, with Kathy Chi stepping in as interim General Counsel.
Summary
- PagerDuty's Chief Legal & People Officer, Shelley Webb, has resigned from her position.
- Her resignation is effective as of February 3, 2025.
- Kathy Chi, the company's Vice President and Deputy General Counsel, will take on the role of interim General Counsel starting February 3, 2025.
- Shelley Webb will receive her annual bonus based on the company's Short-Term Incentive Program, contingent on the achievement of performance goals.
Sentiment
Score: 5
Explanation: Neutral sentiment as it primarily reports a personnel change. The impact on the company is uncertain without further context.
Negatives
- The departure of a key executive, the Chief Legal & People Officer, could create uncertainty within the company.
Risks
- The transition to a new General Counsel, even on an interim basis, could pose operational and legal risks.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
Executive departures are common in the tech industry, but the impact depends on the role and the company's succession planning. The appointment of an interim General Counsel suggests a need for a longer-term solution.
Management Changes
| Role | Previous Person | New Person | Effective Date | Reason |
|---|---|---|---|---|
| Chief Legal & People Officer | Shelley Webb | Kathy Chi (interim) | February 3, 2025 | Resignation |
Stakeholder Impact
- Shareholders may react to the news of an executive departure.
- Employees may experience uncertainty during the transition period.
- The legal department will be impacted by the change in leadership.
Key Dates
| Date | Description |
|---|---|
| May 2, 2024 | Date of Definitive Proxy Statement on Schedule 14A filed with the SEC. |
| January 31, 2025 | Date of report (date of earliest event reported): Shelley Webb notified the Company of her decision to resign. |
| February 3, 2025 | Effective date of Shelley Webb's resignation and Kathy Chi's appointment as interim General Counsel. |
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