UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 5, 2015
RINGCENTRAL, INC.
(Exact name of registrant as specified in its charter)
Delaware | 001-36089 |
94-3322844 | ||
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(I.R.S. Employer Identification No.) |
Address of principal executive offices: 1400 Fashion Island Boulevard, Suite 700, San Mateo, CA 94404
Registrants telephone number, including area code: (650) 472-4100
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
(b) | Resignation of Director |
On March 5, 2015, Bobby Yerramilli-Rao delivered notice to RingCentral, Inc. (the Company) of his resignation as a member of the Companys Board of Directors (the Board), effective on March 6, 2015. Dr. Yerramilli-Rao will also resign from his positions as a member of the Companys Audit Committee and as a member of the Companys Compensation Committee. Dr. Yerramilli-Raos resignation did not involve any disagreement on any matter related to the Companys operations, policies or practices.
(d) | Appointment of New Director |
On March 5, 2015, the Board appointed Michelle McKenna-Doyle as a director of the Company, effective as of March 5, 2015. Ms. McKenna-Doyle also was appointed to serve on the Audit Committee of the Board. The Board has affirmatively determined that Ms. McKenna-Doyle is an independent director pursuant to the rules and regulations promulgated by the New York Stock Exchange and those issued under the Securities Exchange Act of 1934, as amended. Ms. McKenna-Doyle was elected to fill a newly created position on the Board and will serve as a Class III director with a term of office expiring at the Companys 2016 Annual Meeting of Stockholders. Ms. McKenna-Doyle is the SVP and Chief Information Officer of the NFL and has served in such role since September 2012.
Ms. McKenna-Doyle will participate in the standard compensation arrangement for non-employee directors, including receiving a pro-rata portion of the directors annual cash retainer and equity award for the current board year, as described on page 16 of the Companys 2014 proxy statement filed with the Securities and Exchange Commission on April 9, 2014.
A copy of the news release issued by the Company on March 6, 2015 announcing Ms. McKenna-Doyles appointment to the Board and Dr. Yerramilli-Raos resignation from the Board is attached hereto as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits.
(d) | Exhibits. The following exhibit is filed with this report: |
99.1 | News release of RingCentral, Inc. dated March 6, 2015, announcing the appointment of a new director and the resignation of a director. |
SIGNATURE
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 hereunto duly authorized.
RINGCENTRAL, INC. | ||||
March 9, 2015 |
By: | /s/ Clyde Hosein | ||
Name: | Clyde Hosein | |||
Title: | Executive Vice President and Chief Financial Officer |
INDEX TO EXHIBITS
Exhibit No. |
Description | |
99.1 | News release of RingCentral, Inc. dated March 6, 2015, announcing the appointment of a new director and the resignation of a director. |
Exhibit 99.1
RingCentral Appoints NFL CIO Michelle McKenna-Doyle to its Board of Directors
San Mateo, Calif. March 6, 2015 RingCentral Inc. (NYSE: RNG), a leading provider of cloud business communications solutions, today announced that Michelle McKenna-Doyle, SVP and Chief Information Officer of the NFL, has been appointed to its Board of Directors, effective March 6, 2015.
Michelle McKenna-Doyle brings more than 15 years of global technology management and senior leadership to RingCentral. She was recently named one of the top 25 CIOs of Fortune 500 companies by Forbes.
We are pleased to welcome Michelle to RingCentrals board of directors, said Vlad Shmunis, CEO, Founder, and Chairman of RingCentral. Michelle has an impressive track record of successes in driving organizational change and launching major technology-focused business initiatives. As we expand up-market, we will be calling on CIOs of all industries, and her experience as an established CIO will bring a customer perspective to our boardroom.
RingCentrals outstanding suite of cloud-based capabilities is truly breaking down boundaries in business communications, said Michelle McKenna-Doyle. I am thrilled to join the board of directors as the company continues to change the way employees engage and collaborate.
Michelle McKenna-Doyle joined the NFL as Chief Information Officer in September 2012. Prior to that, she was Chief Information Officer at Constellation Energy, where she implemented major technology strategic initiatives and led the companys integration with Exelon upon the firms merger. From 2007 to 2010, she was SVP and Chief Information Officer at Universal Orlando Resort. She previously spent more than 13 years at the Walt Disney World Company where she held senior leadership positions in Finance, Marketing and Information Technology. She is also a certified public accountant and will join the boards audit committee.
The company also announced that Bobby Yerramilli-Rao, Partner at Hermes Growth Partners, will resign from the Board of Directors at RingCentral. Bobby has contributed significantly to RingCentrals successful transition to a public company, said Shmunis. We are thankful for his contributions to the company during his tenure on the board since 2012.
About RingCentral
RingCentral, Inc. (NYSE: RNG) is a leading provider of cloud-based business communications solutions. Easier to manage and more flexible than on-premises communications systems, RingCentrals cloud solution meets the needs of modern distributed and mobile workforces, while eliminating the expense and complications of on-premises traditional hardware-based systems and software. RingCentral is headquartered in San Mateo, Calif.
RingCentral, the RingCentral logo and RingCentral Connect Platform are trademarks of RingCentral, Inc.
# # #
Media Contacts: | Jennifer Caukin |
RingCentral, Inc. |
650-561-6348 |
jennifer.caukin@ringcentral.com |
Greg Kleiner |
ICR |
415-317-5589 |
greg.kleiner@icrinc.com |
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