BigCommerce Holdings Inc. filed SEC Form 8-K: Leadership Update
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Departure of Chief Technology Officer
On March 26, 2025, BigCommerce Holdings, Inc. (the “Company”) and Brian Dhatt, the Company’s Chief Technology Officer, mutually agreed that Mr. Dhatt would separate from his position as Chief Technology Officer and an employee of the Company effective as of April 30, 2025. In connection with Mr. Dhatt’s departure, and in accordance with the terms of his employment offer letter with the Company, dated as of September 9, 2016 (as amended), subject to Mr. Dhatt signing an effective waiver and general release of claims in favor of the Company and his continued compliance with applicable restrictive covenants, Mr. Dhatt will be eligible to receive (i) an amount equal to six months’ base salary and (ii) an amount equal to six months of the Company’s share of healthcare premiums for him and his eligible dependents.
Effective immediately, Marcus Groff, the Company’s Senior Vice President of Engineering, will assume Mr. Dhatt’s engineering related duties and responsibilities.
SIGNATURES
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.
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BigCommerce Holdings, Inc. |
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Date: |
March 31, 2025 |
By: |
/s/ Chuck Cassidy |
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Chuck Cassidy, General Counsel |