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    Asana Inc (ASAN)

    Leadership Changes

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    Asana, Inc. is a leading work management software platform that focuses on enhancing productivity and engagement for enterprises. The company provides a platform that helps organizations orchestrate work, ranging from daily tasks to cross-functional strategic initiatives. Asana sells access to its platform through subscription fees, offering a variety of interfaces and tools designed to automate complex workflows and improve operational efficiency .

    1. AI Studio - Marks Asana's entry as a multiproduct company, expected to be a significant revenue stream in the future .
    2. Subscription Platform - Provides access to Asana's work management tools, including tasks, lists, calendars, boards, timelines, reporting dashboards, and workload management, all designed to enhance productivity and engagement .
    NamePositionExternal RolesShort BioStart Date

    Dustin Moskovitz

    ExecutiveBoard

    President, CEO, and Chair

    None

    Co-founder of Asana and Facebook; CEO since October 2010; instrumental in Asana's growth and innovation.

    October 2010

    Anne Raimondi

    Executive

    Chief Operating Officer (COO)

    Board Member at Gusto and Patreon

    COO since August 2021; previously Lead Independent Director at Asana; extensive experience in SaaS and technology companies; Stanford MBA graduate.

    August 2021

    Eleanor Lacey

    Executive

    General Counsel and Corporate Secretary

    None

    General Counsel since July 2019; previously held senior legal roles at Sophos and SurveyMonkey; Yale Law School graduate.

    July 2019

    Sonalee Parekh

    Executive

    Chief Financial Officer (CFO)

    Director and Audit Chair at Indie Semiconductor

    Joined Asana in September 2024; previously CFO at RingCentral and divisional CFO at HPE; extensive experience in corporate finance and strategy.

    September 2024

    Adam D’Angelo

    Board

    Director

    CEO of Quora

    Board member since December 2008; founder and CEO of Quora; former CTO of Facebook.

    December 2008

    Andrew Lindsay

    Board

    Director

    Corporate VP at Microsoft

    Board member since July 2021; extensive experience in corporate development and business strategy; previously at HubSpot and Jawbone.

    July 2021

    Justin Rosenstein

    Board

    Director

    None

    Co-founder of Asana; served as President and CEO in the past; instrumental in shaping Asana's vision and strategy.

    December 2008

    Krista Anderson-Copperman

    Board

    Director

    Advisor and Board Member at Benchling, Cedar, Trove, Attentive, Gainsight, and others

    Board member since July 2022; former Chief Customer Officer at Okta; extensive experience in customer success and SaaS.

    July 2022

    Lorrie Norrington

    Board

    Lead Independent Director

    Operating Partner at Lead Edge Capital; Board Member at Autodesk, HubSpot, and Colgate-Palmolive

    Board member since July 2019; extensive executive and board experience; advocate for inclusion and diversity.

    July 2019

    Matthew Cohler

    Board

    Director

    Partner at Benchmark Capital; Board Member at 1stDibs, KKR, and Quora

    Board member since November 2009; extensive experience in venture capital and technology investments.

    November 2009

    Sydney Carey

    Board

    Director

    CFO at Talkdesk

    Board member since July 2019; extensive finance experience as CFO of multiple companies; Stanford graduate.

    July 2019

    1. Given that AI Studio may allow customers to derive significant value without increasing seat counts, potentially impacting seat-based revenue growth, how do you anticipate this will affect your overall net retention rates and revenue in the near term?

    2. With an $18 million cash burn in Q3 and expectations for positive free cash flow in Q4, can you elaborate on the specific steps you are taking to achieve this turnaround, and what are the key drivers that give you confidence in reaching and sustaining positive free cash flow moving forward?

    3. As you note stabilization in the tech vertical, which still represents a significant portion of your business, what is your outlook on demand within this segment, and how are you planning to drive growth amid ongoing budget constraints and macroeconomic volatility?

    4. Considering that AI Studio is still in early stages with minimal revenue impact expected before fiscal Q1, yet you see it as a key driver for upsell and improved net retention, how are you calibrating your expectations for its contribution to revenue growth and NRR improvements in the next fiscal year?

    5. With your plans for operational efficiency and material operating margin expansion, particularly within sales and marketing, can you provide more details on where you see the biggest opportunities for cost savings and how these efficiencies might impact your ability to drive top-line growth as you transition to a multiproduct company with AI Studio?

    Recent developments and announcements about ASAN.

    Earnings

    • New Earnings (Q4 2025)

      ·
      1 day ago

      Despite a projected >1,000bps margin expansion in FY’26 and ARR outpacing revenue, Asana’s outlook hinges on no further macro deterioration—raising risk if conditions worsen. Watch AI Studio’s growing demand as a possible catalyst for FY’27 reacceleration.

      View full earnings summary →

    8-K Filings

    • 8-K Filing

      ·
      1 day ago
      Financial Exhibits
      Regulation FD Disclosure
      Leadership Changes

      Asana’s Form 8-K details a planned leadership transition. Chairman and co-founder Dustin Moskovitz will step down as CEO once a successor is appointed. The Board has retained a search firm to identify the next CEO.

      View full 8-K filing →