SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of Earliest Event Reported): September 6, 2021
Sumo Logic, Inc.
(Exact name of registrant as specified in its charter)
|(State or other jurisdiction of|
incorporation or organization)
|(Commission File Number)||(I.R.S. Employer|
305 Main Street
Redwood City, California 94063
|(Address of principal executive offices, including zip code)|
|(Registrant's telephone number, including area code)|
|(Former name or former address, if changed since last report)|
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
|Title of each class||Trading Symbol(s)||Name of each exchange on which registered|
|Common stock, par value $0.0001 per share||SUMO|
The Nasdaq Stock Market LLC
(Nasdaq Global Select Market)
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☒
If an emerging growth company,indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Appointment of New Director
On September 6, 2021, the Board of Directors (the “Board”) of Sumo Logic, Inc. (the “Company”) expanded the size of the Board to nine members and appointed Margaret Francis to the Board as a Class III director, effective immediately. It has not yet been determined on which committees of the Board Ms. Francis will serve.
Ms. Francis will participate in the Company’s director compensation policy, as described in the Company’s proxy statement filed with the Securities and Exchange Commission on May 21, 2021. In addition, Ms. Francis will execute the Company’s standard form of indemnification agreement.
Ms. Francis has served as president and chief operating officer and a member of the board of directors at Armory Inc., a collaborative software delivery platform, since September 2020. Prior to joining Armory, Ms. Francis served as senior vice president of products and general manager of Heroku, a cloud platform-as-a-service provider and a subsidiary of Salesforce.com, Inc., from March 2018 to September 2020, and as vice president of product management from January 2014 to March 2018. Ms. Francis has also held product leadership positions at ExactTarget and Beckon. Ms. Francis holds a B.A. in Art from Yale University and a M.F.A in Photography from the San Francisco Art Institute.
A copy of the press release announcing Ms. Francis’s appointment is filed herewith as Exhibit 99.1 and incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|SUMO LOGIC, INC.|
|Date: September 9, 2021||By:||/s/ Katherine Haar|
Sumo Logic Adds Margaret Francis to its Board of Directors
Francis Brings Modern Software Development and Product Led Growth Expertise to Help Company Drive Continuous Intelligence Category Leadership
REDWOOD CITY, Calif. – Sept. 9, 2021 – Sumo Logic, (Nasdaq: SUMO), the pioneer in continuous intelligence, today announced the appointment of Margaret Francis to its board of directors as an independent board member to help the Company further serve the burgeoning DevSecOps market opportunity.
“Over the last several years we have made a number of investments to further expand our DevSecOps platform strategy and increase our relevance with the teams that are driving digital transformation within their organizations,” said Ramin Sayar, president and CEO, Sumo Logic. “Margaret brings a deep and unique perspective to product strategy, taking a developer-first, end-user approach in helping to make innovative technologies like Sumo’s mainstream. Her expertise and energy will be a fantastic addition to the Sumo Logic Board and will help us drive continued growth and innovation as a category leader in continuous intelligence.”
Francis brings deep experience leading product and engineering strategy for high growth software companies across SaaS, PaaS, data and developer technologies. She currently is the President and Chief Operating Officer (COO) for Armory, an open source continuous delivery software company, and also serves on its Board of Directors. Prior to Armory she was the Senior Vice President of Product for Heroku, a leader in application platform-as-a-service, which was acquired by Salesforce. Under her leadership, Heroku quickly scaled its cloud application platform to support the next generation of developers. Margaret has also led product teams and business units at Salesforce Platform, ExactTarget, Lithium, and has co-founded two venture-backed companies in the metrics visualization and social analytics spaces.
“With the digitization of business driving the pace of change at breakneck speed, most organizations are looking to adopt modern technologies that help them to move faster, deliver better, do things smarter and mitigate risk, all at the same time,” said Margaret Francis, president and COO at Armory. “Global digital businesses of massive scale use the Sumo Logic platform as a proven part of the modern technology stack. The technology that powers the products is solid, and I believe well positions enterprises that need to operate and secure digital services in an increasingly complex and cloud first world. I’m honored to be joining such an experienced team and look forward to helping the company as it moves into the next phase of its journey.”
•Learn more about Sumo Logic’s Continuous Intelligence Platform™
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About Sumo Logic
Sumo Logic Inc. (Nasdaq: SUMO) is the pioneer in continuous intelligence, a new category of software, which enables organizations of all sizes to address the data challenges and opportunities presented by digital transformation, modern applications, and cloud computing. The Sumo Logic Continuous Intelligence Platform™ automates the collection, ingestion, and analysis of application, infrastructure, security, and IoT data to derive actionable insights within seconds. More than 2,100 customers around the world rely on Sumo Logic to build, run, and secure their modern applications and cloud infrastructures. Only Sumo Logic delivers its platform as a true, multi-tenant SaaS architecture, across multiple use-cases, enabling businesses to thrive in the Intelligence Economy. For more information, visit www.sumologic.com.
Sumo Logic is a trademark or registered trademark of Sumo Logic in the United States and in foreign countries. All other company and product names may be trademarks or registered trademarks of their respective owners.
Any information regarding offerings, updates, functionality, or other modifications, including release dates, is subject to change without notice. The development, release, and timing of any offering, update, functionality, or modification described herein remains at the sole discretion of Sumo Logic, and should not be relied upon in making a purchase decision, nor as a representation, warranty, or commitment to deliver specific offerings, updates, functionalities, or modifications in the future.