8-KFiled Jul 27, 8:00 PM ET

ZipRecruiter Appoints Carmen Chan as Chief Financial Officer

$ZIP · ZIPRECRUITER, INC.

Research Summary

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ZipRecruiter Appoints Carmen Chan as Chief Financial Officer

What Happened
ZipRecruiter, Inc. announced on July 28, 2026 (8-K) that Carmen Chan, age 40, has been appointed Chief Financial Officer and principal financial officer effective August 17, 2026. David Travers will continue as President but will no longer serve as interim CFO once Ms. Chan’s appointment is effective.

Key Details

  • Start date: August 17, 2026; 8-K and company press release filed July 28, 2026.
  • Cash compensation: $500,000 annual base salary; eligible for Annual Executive Incentive Plan bonus (minimum $100,000 for 2026).
  • One-time/payroll items: $200,000 onboarding bonus payable in two installments (90 & 180 days after start, subject to continued employment) and up to $100,000 in relocation reimbursements (grossed up if taxable).
  • Equity: 650,000 restricted stock units granted — 500,000 time‑based RSUs vesting over four years (quarterly schedule) and 150,000 performance‑based RSUs vesting over four years contingent on a stock price metric.
  • Employment terms: at‑will; will enter ZipRecruiter’s standard change‑in‑control/severance and indemnification agreements.
  • Background: Ms. Chan most recently was a Managing Director at Barclays (Sept 2023–May 2026); prior roles include Noom (VP Corporate Development & IR), Goldman Sachs (TMT investment banking), theSkimm, and UBS. She holds multiple bachelor’s degrees from the University of Adelaide.

Why It Matters
This formalizes ZipRecruiter’s new permanent finance leader and names the company’s principal financial officer effective Aug 17, 2026. Investors should note the near‑term cash and equity commitments (salary, guaranteed 2026 bonus floor, onboarding cash, relocation, and 650,000 RSUs) disclosed in the filing, and that a portion of equity compensation is performance‑based and tied to a stock price metric. The filing also signals a planned transition away from an interim CFO (David Travers) to a dedicated, experienced finance executive with capital‑markets and tech/Internet advisory background.