Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Appointments and Changes in Duties of Officers
On November 2, 2021, the Board of Directors (the “Board”) of Qualtrics International Inc. (the “Company”) appointed De’Porres (DP) Brightful as President, Worldwide Field Operations of the Company, effective as of November 8, 2021.
DP Brightful, age 52, previously served in various roles at salesforce.com, inc., from April 2020 to November 2021, most recently serving as Global Chief Revenue Officer of Salesforce Health, the health and life sciences division of salesforce.com, inc. Prior to that, from December 2018 to February 2020, Mr. Brightful served as General Manager, U.S. Sales at International Business Machines Corporation (IBM). From November 1997 to November 2018, Mr. Brightful served in various senior leadership roles at Microsoft Corporation, most recently serving as Group Vice President of Sales. Mr. Brightful holds a B.B.A. from Loyola University Maryland.
There are no understandings or arrangements between Mr. Brightful and any other person in connection with his appointment. Mr. Brightful has no family relationship with any director or executive officer of the Company. Further, there are no transactions between Mr. Brightful and the Company that would be required to be reported under Item 404(a) of Regulation S-K. In connection with his appointment, Mr. Brightful will be eligible to participate in the Company’s Executive Change in Control Severance Plan and the Company will enter into its standard form of Indemnification Agreement with Mr. Brightful, incorporated by reference hereto as Exhibit 10.1.
On November 3, 2021, the Company issued a press release announcing the appointment of Mr. Brightful. A copy of this press release is furnished herewith as Exhibit 99.1 to this report on Form 8-K.
In connection with the appointment of Mr. Brightful, on November 2, 2021, the Board changed the duties and responsibilities associated with Bill McMurray’s role as Chief Revenue Officer, effective as of November 8, 2021. Mr. McMurray will continue to serve as Chief Revenue Officer and an executive officer of the Company.
In addition, on November 2, 2021, the Board appointed Brad Anderson, the Company’s current President, Products and Services, as an executive officer, effective as of November 8, 2021.
Brad Anderson, age 54, has served as President, Products and Services of the Company since January 2021. Prior to joining the Company, Mr. Anderson served in various roles at Microsoft Corporation, from May 2003 to January 2021, most recently serving as a Corporate Vice President. Mr. Anderson holds an MBA and a B.S. from Brigham Young University.
There are no understandings or arrangements between Mr. Anderson and any other person in connection with his appointment. Mr. Anderson has no family relationship with any director or executive officer of the Company. Further, there are no transactions between Mr. Anderson and the Company that would be required to be reported under Item 404(a) of Regulation S-K. In connection with his appointment, the Company will enter into its standard form of Indemnification Agreement with Mr. Anderson, incorporated by reference hereto as Exhibit 10.1.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
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Exhibit Number
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Description
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10.1*
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10.2**
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99.1
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104
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Cover Page Interactive Date File (embedded within the Inline XBRL document)
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* Incorporated by reference to Exhibit 10.12 filed with the Company’s Registration Statement on Form S-1 (File No. 333-251767), filed with the Securities and Exchange Commission on December 28, 2020.
** Incorporated by reference to Exhibit 10.24 filed with the Company’s Registration Statement on Form S-1 (File No. 333-251767), filed with the Securities and Exchange Commission on January 12, 2021.