SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
October 19, 2017
(Exact name of registrant as specified in its charter)
2125 O'Nel Drive
San Jose, CA 95131
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:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the
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Emerging growth company
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth companyo
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.o
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b) On October 19, 2017, 8x8, Inc. (the "Company") eliminated the position of Senior Vice President of Global Sales, previously held by Puneet Arora. Mr. Arora continues to be employed by the Company in the position of Special Advisor to the CEO.
8.01 Other Events.
On October 19, 2017, the Company issued a press release announcing the hiring of Samuel Wilson as Senior Vice President, General Manager of Small Business and eCommerce; the hiring of Scott Sampson, as Senior Vice President of Global Midmarket and Enterprise Sales; and the new Special Advisor position of Puneet Arora, formerly Senior Vice President of Global Sales. A copy of this press release is furnished as Exhibit 99.1 to this report.
Item 9.01 Financial Statements and Exhibits.
99.1 Press Release dated October 19, 2017
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.
Date: October 24, 2017
|By: /s/ Mary Ellen Genovese|
|Mary Ellen Genovese|
|Chief Financial Officer and Secretary|
INDEX TO EXHIBITS
INDEX TO EXHIBITS
For Immediate Release
8x8 Appoints Accomplished Industry Executives to Key Strategic Positions
Overseeing Company's Global Sales Organization
Latest round of senior leadership hires and promotions completes one of 8x8's strategic investment initiatives to accelerate sales momentum and revenue growth
SAN JOSE, Calif.--(BUSINESS WIRE)-- 8x8, Inc. (NASDAQ:EGHT), the leading provider of truly unified communications, today announced the appointments of multiple senior executives to the company's global sales organization. These appointments, combined with the recent strengthening of 8x8's marketing and engineering organizations, align with the company's strategic decision to increase its investment in the business to accelerate sales momentum and revenue growth.
"By assembling world-class sales, marketing and engineering teams, 8x8 is maximizing its ability to develop, market, sell and deliver the truly unified communications solutions and services that companies need on a global basis to run their business smarter and faster," said Vikram Verma, CEO of 8x8. "These latest, high-caliber appointments to our global sales organization underscore the attractiveness of the $50 billion cloud communications market opportunity, and the leadership position 8x8 has earned in the industry. With our senior leadership team now fully in place, we look forward to implementing additional strategic initiatives to accelerate adoption and revenue growth globally across all of our core customer segments."
As part of the announcement, 8x8 is realigning the company into two business units-Small Business & eCommerce and Midmarket & Enterprise. These two business units, led by new Senior Vice Presidents Samuel Wilson and Scott Sampson respectively, will align sales and delivery, tightly coupled with demand generation, services and support to drive segment revenue, growth and profitability globally. Senior Vice President of Global Sales Puneet Arora will remain at the company through the end of the calendar year to assist in the transition, and both Wilson and Sampson will report directly to 8x8 CEO Vikram Verma. Recent promotions and hires include:
8x8 now delivers one unified platform for cloud communications, collaboration tools, video conferencing, and contact center solutions to improve IT efficiency and reduce headaches; one seamless communications experience for employees and customers; and one real-time data analytics platform for constant learning and improvement. The company recently launched 8x8 Virtual Office® Editions, a suite of products designed to revolutionize business communications. As part of the launch, 8x8 announced the new 8x8 Virtual Office X8 edition, which offers unified communications, collaboration and contact center in one solution. By eliminating the communications silos that exist due to fragmented solutions, 8x8 Virtual Office X8 allows companies to run their business faster and smarter with a unified solution for efficient and seamless communications and collaboration between employees, partners and customers.
About 8x8, Inc.
8x8, Inc. (NASDAQ:EGHT), the leading provider of truly unified communications, powers over a million business users worldwide. The 8x8 suite of products seamlessly weaves together cloud telephony, messaging, meetings and contact center solutions with a data analytics platform, helping modern organizations communicate at the speed of employee and customer expectations. 8x8 uniquely combines one unified management platform, one seamless communications experience for employees and customers, and one real-time data analytics platform for constant learning and improvement.
8x8® and 8x8 Virtual Office are trademarks of 8x8, Inc.
John Sun, 408-692-7054
InkHouse for 8x8
Kelsey Miller, 415-299-6219
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