8-KAccepted Sep 28, 4:16 PM ET
Asana, Inc. Announces Board Chair Change, New Directors, and New CAO
Accepted (ET)
4:16 PM
Sep 28, 2026
Filed
Sep 28, 2026
Documents
12
Size
178.6 KB
Summary
Asana, Inc. Announces Board Chair Change, New Directors, and New CAO
What Happened
- On September 25, 2026 (reported in an 8-K filed Sept. 28, 2026), Asana appointed its CEO, Dan Rogers (Class III director), as Chair of the Board, succeeding Dustin Moskovitz, who will remain a Class I director and has waived any board compensation. Krista Anderson-Copperman remains Lead Independent Director.
- The Board increased from seven to nine members and added two directors: Tom Berquist (appointed Class II director through the 2028 annual meeting) and Jerry Ting (appointed Class I director through the 2027 annual meeting). Both join committee assignments: Berquist — Audit and Compensation; Ting — Audit and Nominating & Corporate Governance.
- The Board also appointed Heather Le as Chief Accounting Officer and Principal Accounting Officer, effective with a vesting commencement date on or around September 20, 2026.
Key Details
- Dan Rogers (CEO) becomes Board Chair; as an employee he will not receive non‑employee director compensation. Dustin Moskovitz waived any director compensation.
- Tom Berquist, age 62: former EVP & CFO at Cloud Software Group (Sept 2022–Sept 2025) and TIBCO (Oct 2015–Sept 2022); will be paid under the Company’s Non‑Employee Director Compensation Policy.
- Jerry Ting, age 34: VP & GM, AI and Agents at Workday since May 2026; founder/CEO of Evisort through Oct 2024; will be paid under the Company’s Non‑Employee Director Compensation Policy.
- Heather Le, age 42: will receive $400,000 base salary, an initial target bonus equal to 15% of base (pro‑rated for fiscal 2027), and a target RSU grant valued at $1,000,000. RSU vesting: 66.6% on the one‑year anniversary of the VCD (~Sept 20, 2026), and the remaining 33.3% over the next four quarters. Ms. Le is a CPA and joins from prior controller roles at Fastly, Coinbase, and Fitbit.
Why It Matters
- These filings document changes to Asana’s governance and financial leadership: a CEO assuming Board Chair, two external directors added (bringing experience in software finance and AI/legal AI), and a new principal accounting officer with disclosed pay and equity terms. For investors, the items clarify board composition, committee memberships, and who is responsible for accounting and financial reporting going forward. The company also disclosed compensation mechanics (including that the CEO/Chair will not receive director pay and that new directors will be compensated under the standard policy).