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AI brief of an SEC Form 8-K · Docusign (DOCU)

Docusign names Paula Hansen president and chief revenue officer; Steve Shute departs August 11

Neutral Impact 4 of 5 leadership Written later

Docusign said Steve Shute, President of Worldwide Field Operations, will leave the company effective August 11, 2024, receiving $1.1 million in severance and bonus payments under a separation agreement. The company also named Paula Hansen, formerly of Alteryx, as President and Chief Revenue Officer starting August 5, 2024, and Sagnik Nandy as Chief Technology Officer, to lead its push into Intelligent Agreement Management.

Key points

  • Steve Shute's separation agreement provides $550,000 cash severance and a $550,000 payment equal to his fiscal 2025 on-target bonus
  • Paula Hansen starts August 5, 2024 with a $550,000 base salary and a $4,000,000 one-time signing bonus
  • Hansen's offer letter includes RSU and PSU awards each with an approximate value of $13,500,000 at target
  • Sagnik Nandy will join as Chief Technology Officer on August 5, 2024; Kamal Hathi is leaving after the end of Q2

The filing

CompanyDocusign (DOCU)
Form8-K, current report
Filed with the SECJun 25, 2024, 4:28 PM ET
Accession number0001104659-24-074757

Items reported: 5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 7:01 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 25, 2024.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.