Upland Software Inc.
04/04/2025 | Press release | Distributed by Public on 04/04/2025 14:14
Management Change/Compensation (Form 8-K)
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On April 1, 2025, Upland Software, Inc. (the "Company") eliminated the Chief Sales Officer ("CSO") position and terminated Oliver Yates, the Company's CSO, without cause, effective immediately. Mr. Yates will receive severance under his Executive Employment Agreement, dated January 9, 2023. His departure is not the result of any dispute or disagreement with the Company, including any matters relating to accounting or financial reporting.