MobileIron,Inc. (NASDAQ:MOBL) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On February28, 2019, MobileIron,Inc. (the “Company”) announced that the Board of Directors of the Company (the “Board”) elected Leslie Stretch, age 57, as a member of the Board, effective February25, 2019. Mr.Stretch will serve as a ClassI director with a term expiring at the 2021 annual meeting of stockholders and until his successor has been duly elected and qualified. The Board has affirmatively determined that Mr.Stretch is an independent director to Nasdaq’s governance listing standards. The Board has not yet determined Mr.Stretch’s committee assignments.
Mr.Stretch has served as President and Chief Executive Officer of Medallia,Inc., a leading customer experience management cloud company, since August2018. Prior to Medallia, Mr.Stretch was President and Chief Executive Officer of Callidus Software Inc. (also known as “CallidusCloud”), a leader in cloud and mobile solutions, acquired by SAP in 2018. Before joining CallidusCloud, Mr.Stretch held sales leadership roles at Sun Microsystems for nearly a decade. He started his career in sales at Oracle. Mr.Stretch is also currently a Board member of QAD Inc., where he serves as a member of the audit committee and the governance committee. Mr.Stretch holds a degree in Industrial Relations and Economic History from the University of Strathclyde and a postgraduate diploma in Computer Systems Engineering from University of Edinburgh. Mr.Stretch’s extensive sales leadership experience and success in transforming Callidus to a SaaS-based technology company is viewed as a valuable asset to the Board.
Mr.Stretch’s compensation for service as a non-employee director will be consistent with that of the Company’s other non-employee directors, subject to proration to reflect the commencement date of his service on the Board. The non-employee director compensation program is described under the caption “Director Compensation” in the definitive proxy statement filed by the Company on April27, 2018.
There are no arrangements or understandings between Mr.Stretch and any other persons to which Mr.Stretch was named a director of the Company. Mr.Stretch has no direct or indirect material interest in any transaction or proposed transaction required to be reported under Item 404(a)of Regulation S-K or Item 5.02(d)of Form8-K.
About MobileIron,Inc. (NASDAQ:MOBL)
MobileIron, Inc., formerly Mobile Iron, Inc., provides a purpose-built mobile Information Technology (IT) platform for enterprises to secure and manage mobile applications, content and devices. The Company offers its customers the flexibility to use its software as a cloud service or to deploy it on premise. Its platform is composed of over three integrated and distributed software components, including a mobile IT policy server or Core that allows IT departments to define security and device management policies across mobile operating systems; software on the device or Client that carries out policies at the mobile end-point, and an in-line gateway or Sentry that secures data as it moves between the device and back-end enterprise systems. Its platform enables areas of functionality, including Mobile Device Management, Mobile Application Management, Mobile Content Management and Advanced Services. Its customers include industries, such as financial services and telecommunications.