Recent Resignations

Notable executive departures disclosed in the past week include:

Both Co-CEOs of Sprinklr (NYSE: CXM — $1.92 billion) “mutually agreed” to depart after five months and fifteen years, respectively; they were replaced by an outside candidate who was previously CEO of Vonage. In February, the company’s Chief Revenue Officer “stepped down” after a little over one year. The company is down ~65% since its June 2021 IPO.

CFO of Openlane (NYSE: KAR — $2.11 billion), formerly KAR Auction Services, “will resign from the company effective March 1, 2025 to pursue another opportunity closer to family” after two years.

CEO of Sun Communities (NYSE: SUI — $15.6 billion) “has informed the board of his intention to retire in 2025” after 32 years and the board has “established a CEO Succession Planning Committee.” In September 2024, Blue Orca Capital called the company “a mess of egregious executive behavior” and found that Sun’s CEO “received an undisclosed $4 million loan from the family of a supposedly independent Director who sits on the Audit Committee” and also separately “admitted borrowing $700K from a director whose law firm also serves as [Sun’s] general counsel.”

Chief Operating Officer of DXC Technology (NYSE: DXC — $3.92 billion) “will be exiting the company” after nearly two years. The company’s General Counsel also departed in March and the company’s former CEO stepped down in December 2023.

Chief Commercial Officer of QuidelOrtho Corp (NASDAQ: QDEL — $2.94 billion) was “terminated” after two and a half years along with the company’s Chief Operating Officer who was “terminated” after four years. In February, the company’s CEO was also “terminated” after fifteen years.

Chief Accounting Officer of Hippo Holdings (NYSE: HIPO — $701 million) “entered into a separation agreement” after a little over three years. In October, the company’s Chief Revenue Officer also departed after four years. In March 2023, the company replaced Ernst & Young as its a