UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On July 29, 2026, the Board of Directors of Crexendo, Inc. (the “Company”) appointed Chris Aaker as the Company’s Chief Technology Officer, effective August 1, 2026. Mr. Aaker, age 47, currently serves as the Company’s Senior Vice President of Engineering. The appointment is part of the Company’s planned technology leadership succession.
Also effective August 1, 2026, David Wang will transition from Chief Technology Officer to Senior Vice President. Mr. Wang will remain a full-time employee of the Company and will continue to contribute his technical expertise, institutional knowledge and experience to the Company. Mr. Wang’s transition is not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.
Mr. Aaker has served as the Company’s Senior Vice President of Engineering since June 2023. He previously served as Vice President of Engineering of the Company and NetSapiens, Inc. from March 2015 to June 2023. Prior to that, Chris held progressively senior roles at NetSapiens since 2007, including Member of Technical Staff, Director of Customer Solutions and Director of Engineering. Before joining NetSapiens, Mr. Aaker served as a network and engineering intern at Nuera Communications. Mr. Aaker holds a Bachelor of Science degree in Computer Engineering from San Diego State University and is a named inventor on a United States patent involving communications technology.
There are no arrangements or understandings between Mr. Aaker and any other person pursuant to which he was selected as Chief Technology Officer. Mr. Aaker has no family relationship with any director or executive officer of the Company, and he is not a party to any transaction requiring disclosure pursuant to Item 404(a) of Regulation S-K.
Mr. Aaker will continue to participate in the Company’s existing compensation and benefit arrangements. No material plan, contract or arrangement was entered into, and no material amendment, grant or award was made, (although Mr. Aaker will receive a pro-rated portion of his Executive Bonus (if targets are met) as a C Level Officer), in connection with his appointment as Chief Technology Officer. The Company may engage in discussions related to those items with Mr. Aaker.
Item 7.01 Regulation FD Disclosure.
On July 30, 2026, the Company issued a press release announcing the leadership transition 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, including Exhibit 99.1, is being furnished and 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 into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
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SIGNATURES
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.
Dated: July 30, 2026
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/s/ RONALD VINCENT |
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| By: | Ronald Vincent |
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| Chief Financial Officer |
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EXHIBIT 99.1
Crexendo Appoints Chris Aaker as Chief Technology Officer in Planned Succession
Longtime technology leader will assume the role effective August 3; NetSapiens co-founder David Wang will remain with Crexendo in a full-time capacity
Phoenix, Ariz., July 30, 2026, Crexendo, Inc. (Nasdaq: CXDO) (“Crexendo” or the “Company”), a premier platform and provider of cloud communication services, video collaboration and managed IT services, today announced the appointment of Chris Aaker as Chief Technology Officer, effective August 1, 2026. The appointment is part of the Company’s planned technology leadership succession. David Wang, Crexendo’s current Chief Technology Officer and one of the founders of NetSapiens, will remain with the Company on a full-time basis and will continue to contribute his experience, technical expertise and institutional knowledge.
Aaker currently serves as Crexendo’s Senior Vice President of Engineering and has spent nearly two decades with NetSapiens and Crexendo. He began his career with NetSapiens as an intern and advanced through a series of increasingly senior technical and leadership positions. In his current role, Aaker helps set technology strategy and leads the engineering organization responsible for the NetSapiens platform, which serves nearly eight million users. He also has played an important role in platform modernization, reliability, cloud architecture, security, artificial intelligence initiatives and technical due diligence for strategic transactions.
“This is a planned and thoughtful succession that reflects both the strength of our leadership team and our commitment to developing exceptional talent from within,” said Jeff Korn, Chief Executive Officer and Chairman of Crexendo. “Chris’s story is truly remarkable. He started here as an intern and, through his technical expertise, leadership and unwavering commitment to our customers, has earned the opportunity to now serve as our Chief Technology Officer. He understands our platform, our partners and our strategy at the deepest level, and I am confident he will help lead our technology organization through its next stage of innovation and growth.”
Korn continued, “David Wang has made extraordinary contributions to this Company and to the communications industry. As one of the founders of NetSapiens, he helped create the technology and culture that remain at the heart of our success. We are extremely pleased that David will remain a full-time member of the Crexendo team as Senior Vice President of Platform and Architecture. His continued involvement will provide important continuity that will allow the Company to continue to benefit from his vision, judgment and decades of experience. I have tremendous respect for both David and Chris, and I believe this transition positions Crexendo exceptionally well for the future.”
“I am honored to be appointed Chief Technology Officer and grateful for the confidence Jeff, David and the Board have placed in me,” said Aaker. “Having grown professionally with NetSapiens and Crexendo, I have seen firsthand what makes this Company and its people special. David has been an extraordinary mentor and technology leader, and I look forward to continuing to work closely with him. Together with our talented engineering, product and operations teams, I am excited to build on our strong foundation, advance our technology strategy and deliver innovative, reliable solutions that help our partners succeed.”
Aaker holds a Bachelor of Science degree in Computer Engineering from San Diego State University. He is a named inventor on a U.S. patent involving communications technology and is a recognized authority in real-time communications, including SIP, voice, messaging and cloud-based communications architecture.
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About Crexendo
Crexendo, Inc. is an award-winning software technology company that is a premier provider of cloud communication platform and services, video collaboration and managed IT services tailored to businesses of all sizes. The Company’s solutions currently support over seven million end users globally through its extensive global network of over 245 cloud communication platform software subscribers and its direct retail offering. For more information, please visit www.crexendo.com.
Forward-Looking Statements
This press release contains forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides a "safe harbor'' for such forward-looking statements. The words, "believe,'' "expect,'' "anticipate,'' "estimate," "will'' and other similar statements of expectation identify forward-looking statements. Specific forward-looking statements in this press release include information about Crexendo (i) believing this transition reflects both the strength of the leadership team and it’s commitment to developing exceptional talent from within; (ii) believing Aaker maintains technical expertise, leadership and unwavering commitment to customers and that he understands the platform, partners and strategy at the deepest level; (iii) being confident Aaker will help lead the technology organization through its next stage of innovation and growth; (iv) believing Wang has made extraordinary contributions to the Company and to the communications industry, while helping to create the technology and culture that remain at the heart of the Company’s success; (v) being extremely pleased that Wang will remain a full-time member of the Crexendo team as Senior Vice President of Platform and Architecture with his continued involvement l providing important continuity that will allow the Company to continue to benefit from his vision, judgment and decades of experience the future and (vi) believing that the talented engineering, product and operations teams will build on the strong foundation, advance the technology strategy and deliver innovative, reliable solutions that help partners succeed.
For a more detailed discussion of risk factors that may affect Crexendo's operations and results, please refer to the company's Form 10-K for the year ended December 31, 2025, and Form 10-Qs as filed with the SEC. These forward-looking statements speak only as of the date on which such statements are made, and the company undertakes no obligation to update such forward-looking statements, except as required by law.
Investor and Media Contact
Doug Gaylor
President and Chief Operating Officer
Crexendo, Inc.
602-732-7990
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