APP 8-K
AppLovin Corp (APP)
8-K
2026-04-07
For: 2026-04-02
View Original
Added on
April 08, 2026
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): April 2, 2026
(Exact name of registrant as specified in its charter)
(State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||
(Address of principal executive offices, including zip code)
(800 ) 839-9646
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
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:
240.14d-2(b))
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). Emerging growth company ☐
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. ☐
| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. | ||||
Executive Transitions
On April 7, 2026, AppLovin Corporation (the “Company”) announced that on April 2, 2026, Basil Shikin informed the Company that he will step down from his role as Chief Technology Officer, effective as of July 1, 2026. Mr. Shikin will continue to serve in a non-executive officer capacity as a Distinguished Engineer.
On April 2, 2026, Victoria Valenzuela, the Company’s Chief Administrative & Legal Officer, informed the Company that she will retire, effective as of August 1, 2026. Ms. Valenzuela will serve as a consultant to the Company following her retirement until May 31, 2027 and receive cash compensation of $150,000 for her consulting service. The Company’s Board of Directors (the “Board”) also intends to nominate Ms. Valenzuela for election as a director at the Company’s 2026 Annual Meeting of Stockholders (the “Annual Meeting”). If elected, Ms. Valenzuela will not receive compensation as a non-employee director while she is a consultant.
The Company announced that Giovanni Ge, the Company’s Chief Product and Engineering Officer, will be appointed Chief Technology Officer upon Mr. Shikin’s transition, and that Corina Cacovean, the Company’s Deputy General Counsel, Privacy, Litigation & Regulatory, will be appointed Chief Legal Officer upon Ms. Valenzuela’s retirement.
Board Transitions
On April 2, 2026, the Board appointed Craig Billings as independent Chairperson of the Board to succeed Adam Foroughi, effective immediately. Mr. Foroughi will continue to serve as the Company’s Chief Executive Officer and as a member of the Board. Mr. Billings has served as Lead Independent Director of the Board since the Company’s initial public offering in 2021.
On April 2, 2026, Alyssa Harvey Dawson notified the Company that she will not stand for re-election as a member of the Board at the Annual Meeting. Ms. Harvey Dawson intends to continue to serve as a member of the Board and on her current committees through the end of her current term, which ends on the date of the Annual Meeting. Ms. Harvey Dawson’s decision to not stand for re-election was not the result of any disagreement with the Company or its management.
| Item 7.01 | Regulation FD Disclosure. | ||||
On April 7, 2026, the Company issued a press release in connection with the matters described above. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
The information in this Item 7.01 of this Current Report on Form 8-K and the related Exhibit 99.1 attached hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing.
| Item 9.01 | Financial Statements and Exhibits. | ||||
| (d) Exhibits: | |||||
| Exhibit No. | Exhibit Description | ||||
| 99.1 | |||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | ||||
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.
| APPLOVIN CORPORATION | |||||
| Date: April 7, 2026 | /s/ Matthew A. Stumpf | ||||
| Matthew A. Stumpf | |||||
| Chief Financial Officer | |||||
Exhibit 99.1
AppLovin Announces Succession Plans for Key Leadership Roles and New Independent Chairperson
PALO ALTO, Calif. – April 7, 2026 – AppLovin Corporation (NASDAQ: APP) (“AppLovin” or the “Company”), the leading marketing platform, today announced succession plans relating to its executive management team and the appointment of Craig Billings as independent Chairperson of its Board of Directors (the “Board”).
The Company announced the following management succession plans:
•Chief Technology Officer: Basil Shikin, AppLovin’s current Chief Technology Officer, will transition into the role of Distinguished Engineer, effective July 1, 2026, at which time Giovanni (“Gio”) Ge, the Company’s current Chief Product and Engineering Officer, will become AppLovin’s next Chief Technology Officer.
•Chief Legal Officer: Victoria (“Tory”) Valenzuela, AppLovin’s current Chief Administrative & Legal Officer, will retire, effective August 1, 2026, and will be nominated for election as a director at the Company’s 2026 Annual Meeting of Stockholders. Upon Ms. Valenzuela’s retirement, Corina Cacovean, the Company’s current Deputy General Counsel, Privacy, Litigation & Regulatory, will become AppLovin’s next Chief Legal Officer.
“Basil and Tory have been instrumental in AppLovin’s growth. Basil led development of much of our technology stack over the nearly 10 years he was CTO. In his new role, we'll continue to benefit from his perspective as a builder and an innovator. Tory has been a valued business partner, helping guide the Company through its IPO and a period of rapid expansion, and we look forward to her presence and expertise in the boardroom,” said Adam Foroughi, Chief Executive Officer and Co-Founder. “We're pleased to elevate their successors from within—Gio and Corina bring deep institutional knowledge and leadership, underscoring our commitment to talent development and thoughtful succession planning.”
The Company also announced the appointment of Craig Billings as independent Chairperson of the Board, building on his tenure as Lead Independent Director since the Company's IPO. Adam Foroughi will continue to serve as Chief Executive Officer and a member of the Board.
“Craig has been a thoughtful and engaged leader since joining the Board,” Mr. Foroughi said. “I was pleased to recommend he become the Chairperson, allowing me to fully focus on strategic execution.”
“The AppLovin Board is comprised of capable directors and I’m pleased to step into the Chairperson role,” Mr. Billings said. “Since first meeting Adam in 2013, as a customer of the Company, I’ve seen firsthand how AppLovin helps companies grow. I am confident Adam and the leadership team will continue to deliver long-term shareholder value.”
Mr. Ge has served as the Company’s Chief Product and Engineering Officer since November 2025, having previously served in various senior engineering roles since joining AppLovin in November 2022. Mr. Ge led the development of Axon 2.0 and currently runs the Company’s engineering and product teams, which creates a natural transition to the CTO role.
Ms. Cacovean has served as the Company’s Deputy General Counsel, Privacy, Litigation & Regulatory since September 2023 and has played key roles leading the privacy, litigation and regulatory teams since she joined AppLovin in connection with its acquisition of Machine Zone in 2020.
The Company also announced today that Alyssa Harvey Dawson will not be standing for re-election at the Company’s 2026 Annual Meeting of Stockholders. The Board thanks Ms. Harvey Dawson for her years of service as a director.
About AppLovin
AppLovin makes technologies that help businesses of every size connect to their ideal customers. The company provides end-to-end software and AI solutions for businesses to reach, monetize and grow their global audiences. For more information about AppLovin, visit: www.applovin.com.
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