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): November 4, 2022
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 November 4, 2022, the Board of Directors (the “Board”) of Sumo Logic, Inc. (the “Company”) expanded the size of the Board to ten members and appointed Timothy Youngblood to the Board as a Class III director, effective immediately. It has not yet been determined on which committees of the Board Mr. Youngblood will serve.
Mr. Youngblood 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 26, 2022. In addition, Mr. Youngblood will execute the Company’s standard form of indemnification agreement.
Mr. Youngblood has served as senior vice president, chief security officer, and product security officer of T-Mobile USA, Inc, a wireless communications service provider, since April 2021. Prior to joining T-Mobile, Mr. Youngblood was corporate vice president, chief information security officer of McDonald’s Corporation, a global foodservice retailer, from September 2017 until March 2021. Prior to McDonald’s, Mr. Youngblood served as chief information security officer of Kimberly-Clark Corporation and Dell Technologies, Inc. Mr. Youngblood holds a B.S. in Computer Information Systems from Florida A&M University and an M.S. in Technology Commercialization from the University of Texas, Austin.
A copy of the Company’s press release announcing Mr. Youngblood’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: November 7, 2022||By:||/s/ Katherine Haar|
Sumo Logic Appoints Timothy Youngblood to its Board of Directors
Youngblood, Current SVP and Chief Security Officer of T-Mobile, Brings Decades of Cyber Security Expertise to Help Company Drive Modern Security Leadership Position
REDWOOD CITY, Calif. – November 7, 2022 – Sumo Logic (NASDAQ: SUMO), the SaaS analytics platform to enable reliable and secure cloud-native applications, today announced the appointment of Timothy Youngblood to its board of directors. Tim’s extensive cyber-industry expertise, deep understanding of the challenges faced by fellow CISOs, and operational experience will be helpful as the company further develops its cybersecurity product strategy and business, expands its risk and compliance initiatives, and further scales its strong cybersecurity culture and organizational processes.
“Delivering secure and reliable digital experiences is the new benchmark for every well run modern business,” said Ramin Sayar, president and CEO, Sumo Logic. “I am thrilled to have Tim join our Board as we further our efforts to help CISOs and organizations of all sizes address the increasing cybersecurity challenges as more elements of their operations go entirely digital. It’s an exciting time to have Tim’s experience and industry perspective as we continue our efforts in modernizing the next wave of security operations for our customers.”
Serving as a critical member of the T-Mobile senior leadership team, Tim is the SVP, CSO & Product Security Officer. Tim drives the overall strategic vision and direction of cybersecurity initiatives and products, and leads the cybersecurity organization. Tim previously held CISO, CSO and cybersecurity leadership roles at McDonald's, Kimberly-Clark and Dell Technologies, among others and has served on various technology councils and advisory committees.
“I’m excited to join the Sumo Logic Board at this critical time of change in the cybersecurity industry,” said Tim. “As digital technologies have become ever more prevalent and remote work is the new normal, many fellow CISOs and their organizations are facing increasing complexity and challenges. The Sumo Logic SaaS analytics platform is the foundation for many of the best run digital organizations, helping them solve some of the biggest challenges associated with visibility and security of modern applications and cloud infrastructure.”
About Sumo Logic
Sumo Logic, Inc. (NASDAQ: SUMO) empowers the people who power modern, digital business. Through its SaaS analytics platform, Sumo Logic enables customers to deliver reliable and secure cloud-native applications. The Sumo Logic Continuous Intelligence Platform™ helps practitioners and developers ensure application reliability, secure and protect against modern security threats, and gain insights into their cloud infrastructures. Customers around the world rely on Sumo Logic to get powerful real-time analytics and insights across observability and security solutions for their cloud-native applications. 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.
Carmen Harris, Sumo Logic