StockWatch
·
Computer Software: Prepackaged Software
Management ChangeJun 12, 2026, 05:21 PM

SailPoint Board Sees Director Resignation, New Appointment

AI Summary

Nabil Hamade resigned from SailPoint's board of directors, effective June 12, 2026, a decision not stemming from any disagreement with the company. Following this, Thoma Bravo, exercising its rights under a Director Designation Agreement, appointed Collin Gallagher to fill the vacancy. Mr. Gallagher joined the Board as a Class III director on June 12, 2026, and will not receive compensation for his service, but has entered into an indemnification agreement.

Key Highlights

  • Nabil Hamade resigned from SailPoint's Board of Directors, effective June 12, 2026.
  • Mr. Hamade's resignation was not due to any disagreement with the Company.
  • Thoma Bravo designated Collin Gallagher to fill the Board vacancy.
  • Collin Gallagher was appointed to the Board as a Class III director, effective June 12, 2026.
  • Mr. Gallagher is not expected to receive compensation for his Board service.
  • He entered into an indemnification agreement with SailPoint.