Earlier roles on record: CEO and Board Member at 8X8 Inc (EGHT) until November 30, 2022. 8X8 Inc reported in an 8-K filed December 7, 2022 that David Sipes resigned as director, effective November 30, 2022. 8X8 Inc reported in an 8-K filed November 30, 2022 that David Sipes resigned as member of the Company's board of directors, effective November 30, 2022. 8X8 Inc reported in an 8-K filed November 30, 2022 that David Sipes was terminated as Chief Executive Officer, effective November 30, 2022. The proxy statement of 8X8 Inc reports total compensation of $6,670,866 for David Sipes in fiscal 2022, including a base salary of $536,491. Disclosed compensation is on record for 2 fiscal years. David Sipes has spoken on 4 earnings calls across 1 company, most recently for 8X8 Inc on October 27, 2022. The companies whose calls David Sipes spoke on are classified in the Technology sector.
“Mr. Sipes resigned as a director of the Company effective as of 12:01 a.m. Pacific Time on November 30, 2022.”
“Under the employment agreement dated December 9, 2020, between the Company and Mr. Sipes (the "Employment Agreement"), Mr. Sipes is required to resign as a director effective at such time.”
“On the call today, I will review our second quarter results and provide an update on our plan for fiscal year 2023 as we place greater emphasis on profitability and cash flow generation.”
“On the call today, I will review our first quarter results and give an update on the integration of Fuze, which continues to go well. I will also discuss our plans for fiscal year 2023 as we place greater emphasis on profitability and cash flow generation in the near term.”
“Before we begin our review of the quarter, please join me in welcoming Kate Patterson to 8x8. She joins us at an exciting time as our XCaaS vision is resonating in the market and as we work toward our goal of $1 billion in revenue, a milestone few software companies achieve.”
“Our first quarter results exceeded expectations with both service revenue and total revenue growing above the high-end of our guidance range at 21% and 22% year-over-year, respectively.”
