C3.ai, Inc. 8-K

What Happened
C3.ai, Inc. (AI) announced in an 8‑K that director Jim H. Snabe notified the company on June 11, 2026 that he is taking a leave of absence from the Board and as special advisor to the CEO, effective immediately, due to his appointment as Special Envoy to the European Commission for Industrial Artificial Intelligence. Mr. Snabe will not stand for re‑election at the Company’s 2026 annual stockholder meeting. During the leave he will not vote as a Board member or perform director or special advisor duties, and the duration of the leave is not determined. Effective the calendar day after June 11, 2026, the Board size was reduced from 12 to 11 directors.

Key Details

• Leave of absence notified June 11, 2026; effective immediately.
• Mr. Snabe appointed Special Envoy to the European Commission for Industrial AI.
• Mr. Snabe will not stand for re‑election at the 2026 annual stockholder meeting.
• Board reduced from 12 to 11 members the day after the leave became effective; Mr. Snabe expected to return but timing is unknown.

Why It Matters
This filing reports a change in board composition and temporary loss of a director’s vote and advisory role, which is a governance matter investors should note. The company did not disclose any financial impact or a planned replacement; investors may watch for updates about Mr. Snabe’s return or any nomination to the Board ahead of the 2026 annual meeting.