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AI brief of an SEC Form 8-K · RingCentral (RNG)

RingCentral names Vladimir Shmunis CEO, replacing Tarek Robbiati

Neutral Impact 4 of 5 leadership Written later

RingCentral said Tarek Robbiati will separate from the company and resign from its board, effective December 8, 2023, and that founder Vladimir Shmunis, the Executive Chairman, has been appointed to succeed him as Chief Executive Officer. The company also reiterated its fourth quarter and full year 2023 guidance, so shareholders get a leadership change without a change to the outlook.

Key points

  • Tarek Robbiati resigned as CEO and from the board effective December 8, 2023; the company says the resignation involved no disagreement with the company or board
  • Vladimir Shmunis took over as CEO effective December 8, 2023, and remains Chairman of the board
  • Robbiati's separation agreement provides payments totaling $9.75 million
  • Guidance for Q4 and full year 2023 on revenue, non-GAAP operating margin and adjusted unlevered free cash flow was reiterated, as first issued November 6, 2023

The filing

CompanyRingCentral (RNG)
Form8-K, current report
Filed with the SECDec 11, 2023, 8:10 AM ET
Accession number0001384905-23-000068

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

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:58 AM ET, from this filing 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 December 11, 2023.

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