FIVE9, INC. (NASDAQ:FIVN) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
As of July 2, 2018, Gaurav Passi no longer serves as the Executive Vice President for Products of Five9, Inc. (the “Company”) and will depart from the Company to pursue other opportunities. If Mr. Passi executes a release, he will receive benefits under the Company’s Key Employee Severance Plan as a Tier 3 participant and may receive other benefits that he and the Company may negotiate.
About FIVE9, INC. (NASDAQ:FIVN)
Five9 Inc. (Five9) is a provider of cloud software for contact centers. The Company’s purpose-built Virtual Contact Center (VCC) cloud platform delivers a suite of applications that enable the breadth of contact center-related customer service, sales and marketing functions. It facilitates over three billion interactions between its 2,000 clients and clients’ customers per year. Its solution, which consists of its VCC cloud platform and applications, allows simultaneous management and optimization of customer interactions across voice, chat, e-mail, Web, social media and mobile channels, either directly or through its application programming interfaces (APIs). Its VCC cloud platform matches each customer interaction with an appropriate agent resource and delivers relevant customer data to the agent in real-time through integrations with adjacent enterprise applications, such as customer relationship management (CRM) software, to manage the customer experience and agent productivity.