Compass, Inc 8-K, filed Oct 14, 2026
Compass, Inc. (COMP)
8-K
2026-10-14
For: 2026-10-07
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Added on
October 14, 2026
About this 8-K
Compass, Inc filed this 8-K on October 14, 2026, reporting on events of October 7, 2026.
Compass, Inc. appointed Sissie L. Hsiao to the Board effective October 14, 2026, after Charles E. Phillips, Jr. resigned October 9, 2026; Frank Martell became Lead Independent Director and Steven Sordello chaired the Nominating and Corporate Governance Committee. AI summary
Items reported
- Item 5.02: Director or officer change, or executive pay
- Item 9.01: Financial statements and exhibits
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): October 7, 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) | (Zip Code) | |||||||
Registrant’s Telephone Number, Including Area Code: (646) 982-0353
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 (see General Instructions A.2. below):
| 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)) | |||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of Each Class | Trading Symbol | 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 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
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. | ||||
Resignation of Charles E. Phillips from the Board
On October 7, 2026, Charles E. Phillips, Jr., a member of the Board of Directors (the “Board”) of Compass, Inc. (the “Company”), notified the Company of his decision to resign from the Board, effective October 9, 2026. Upon his resignation, Mr. Phillips ceased serving as Lead Independent Director of the Board, a member and the Chairperson of the Board’s Nominating and Corporate Governance Committee, and a member of the Audit Committee. Mr. Phillips resigned from the Board to devote more time to other commitments outside the real estate industry and his resignation was not due to any disagreement with the Company on any matter relating to the Company’s operations, policies, or practices.
Appointment of Frank Martell as Lead Independent Director and Appointment of Steven Sordello as Chairperson of the Nominating and Corporate Governance Committee
In connection with Mr. Phillips’ resignation, the Board appointed Frank Martell, a current Board member and the Chairperson of the Audit Committee, to serve as Lead Independent Director of the Board, effective October 9, 2026.
The Board also appointed Steven Sordello, a current Board member and a member of the Audit and Nominating and Corporate Governance Committees, to serve as the Chairperson of the Nominating and Corporate Governance Committee, effective October 9, 2026.
Appointment of Sissie L. Hsiao to the Board
On October 12, 2026, the Board appointed Sissie L. Hsiao as a director effective October 14, 2026, filling the vacancy on the Board created by Mr. Phillips’ resignation, and also appointed Ms. Hsiao to the Compensation Committee of the Board. Ms. Hsiao will serve as a Class II director with a term expiring at the Company’s annual meeting of stockholders in 2029, or until her successor is duly elected and qualified. There are no transactions in which Ms. Hsiao has a direct or indirect material interest requiring disclosure under Item 404(a) of Regulation S-K and there is no arrangement or understanding between Ms. Hsiao and any other persons pursuant to which Ms. Hsiao was appointed to the Board. She will receive compensation in accordance with the Company’s standard arrangements for non-employee directors.
Sissie L. Hsiao is a former Google executive with more than two decades of experience building and leading consumer technology products and businesses. Most recently, from 2021 to 2025, she served as Vice President and General Manager of Gemini app, Assistant, and Speech at Google, where she led major efforts building and applying generative AI, natural language, and speech technologies to consumer products. Previously, Ms. Hsiao served as Vice President and General Manager of Google’s Display, Video, and App Advertising businesses from 2012 to 2021. Earlier in her career at Google, she led product development for Google Analytics and Google Slides from 2006 to 2012. She began her career at Microsoft, where she worked on graphics technologies for the Microsoft Office suite from 2000 to 2006. Ms. Hsiao also serves on the Board of Directors of Bumble Inc. since October 2023. She holds a B.S. in Electrical Engineering and Computer Science from the University of California, Berkeley.
A copy of the Press Release announcing the transition and the appointment of Ms. Hsiao to the Board is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
| Item 9.01. | Financial Statements and Exhibits. | ||||
(d) Exhibits.
Exhibit Number | Exhibit Title or Description | |||||||
| 99.1 | ||||||||
| 104 | The cover page from this Current Report on Form 8-K, formatted in Inline XBRL. | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| COMPASS, INC. | ||||||||||||||||||||
| Date: October 14, 2026 | By: | /s/ Scott Wahlers | ||||||||||||||||||
| Scott Wahlers | ||||||||||||||||||||
| Chief Financial Officer | ||||||||||||||||||||
Exhibit 99.1
Compass, Inc. Provides Board Update and Appoints Technology Executive Sissie Hsiao to Its Board of Directors
New York, NY – October 14, 2026 – Compass, Inc. ("Compass" or the "Company") (NYSE: COMP), today announced the appointment of Sissie Hsiao to its Board of Directors (“Board”).
Ms. Hsiao is a veteran technology executive with more than two decades of experience building and leading consumer technology businesses. During her nearly 20-year tenure at Google, she drove major product innovations, including leading the development of the Gemini app and applying generative AI, natural language, and speech technologies across Google’s consumer products. Previously, she served as Vice President and General Manager of Google’s Display, Video, and App Advertising businesses.
“Sissie joins our Board at a pivotal time where technology is reshaping how our real estate professionals work. Her AI and advertising background is exactly what we were looking for and we welcome her to our Board,” said Robert Reffkin, Founder, Chairman and Chief Executive Officer of Compass.
“Compass has built one of the most recognized collections of brands in real estate and a technology platform that genuinely helps real estate professionals grow their businesses. I’m glad to be joining the Board and looking forward to working with Robert and my fellow directors.” said Ms. Hsiao.
Additionally, effective October 9, 2026, Charles Phillips stepped down from the Board. Mr. Phillips has served as a Director since August 2020 and as Lead Independent Director since February 2021. He also chaired the Nominating and Corporate Governance Committee and served as a member of the Audit Committee. Mr. Phillips resigned from the Board to devote more time to other commitments outside the real estate industry, and his resignation was not due to any disagreement with the Company on any matter relating to the Company’s operations, policies, or practices.
“Charles has been an extraordinary partner to this Board and to me personally. As our Lead Independent Director, he brought the judgment of an operator and the discipline of an investor to every conversation. We thank him for his service and wish him continued success. Frank and Steve know our company well and their continued leadership and deep expertise will serve the Board and our shareholders well.” said Robert Reffkin.
“It’s been an honor to serve as Lead Independent Director on the Compass Board during the Company’s tremendous journey from pre-IPO planning to becoming the largest real estate brokerage in the world. Compass is well positioned to earn strong returns for shareholders by leveraging HOME, the industry’s leading AI platform for real estate professionals and their clients. Robert and his leadership team have done a terrific job building a great company and setting the pace for the industry,” said Mr. Phillips.
Frank Martell succeeds Mr. Phillips as Lead Independent Director. Mr. Martell has served on our Board since November 2021 and is currently the Chairperson of the Audit Committee and a member of the Compensation Committee. He brings more than 30 years of executive leadership experience in single and multifamily real estate, data and analytics as well as scaled technology platforms. Mr. Martell will also continue to serve as President, Chief Executive Officer and a director of SmartRent, Inc.
Steven Sordello succeeds Mr. Phillips as the Chairperson of the Nominating and Corporate Governance Committee. He will also continue to serve on the Audit Committee. Mr. Sordello has served on our Board since November 2020 and is a seasoned public company director well versed in the Company governance practices.
About Compass, Inc.
Compass, Inc. (the “Company”) (NYSE: COMP) is a global real estate services company with a presence in every major U.S. city and approximately 120 countries and territories. Compass, Inc. serves millions of buyers and sellers through a portfolio of some of the most recognized and iconic brands: @properties®, Better Homes and Gardens® Real Estate, CENTURY 21®, Christie's International Real Estate®, Coldwell Banker®, Compass®, Corcoran®, ERA®, and Sotheby's International Realty®. Every day, the Company empowers a global network of more than 300,000 real estate professionals in its owned-brokerage and franchise business to grow and deliver exceptional service to consumers.
The Company empowers real estate professionals to streamline operations and seamlessly guide clients through every phase of residential and commercial transactions, leveraging powerful tools, including its modern technology platform. In addition to brokerage services, Compass, Inc. offers integrated services, such as mortgage, title, insurance, escrow, and relocation.
Investor Contact
Soham Bhonsle
soham.bhonsle@compass.com
Media Contact
Devin Daly Huerta
devin.dalyhuerta@compass.com