Management ChangeJun 26, 2026, 06:08 AM
Domo CTO Daren Thayne Resigns Amidst Potential Transaction
AI Summary
Domo, Inc. announced that Daren Thayne, Chief Technology Officer and Executive Vice President of Product, resigned effective July 10, 2026, to pursue another executive role. His departure is not due to any disagreements with the company. Domo does not plan an immediate replacement for Mr. Thayne, with his responsibilities being temporarily absorbed by other management members, citing advanced negotiations regarding a potential transaction involving the company.
Key Highlights
- Daren Thayne, CTO and EVP of Product, resigned.
- Resignation effective July 10, 2026.
- Thayne is leaving for another executive position.
- Resignation not due to disagreements with Domo.
- Domo does not plan immediate CTO replacement.
- CTO duties to be assumed by management on interim basis.
- Decision linked to potential transaction negotiations.
Price Impact
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