Todd Ford
Director at EGHT
Board
About Todd Ford
Independent director at 8x8 (EGHT) since 2019; age 58. Former CFO and President of Finance & Operations at Coupa, with >15 years of public tech CFO/operating experience. Designated Audit Committee Financial Expert; current committees: Audit (Chair), Compensation (member), Strategic Investment (member). Education: B.S. in Accounting, Santa Clara University .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Coupa Software, Inc. | President of Finance & Operations | Jun 2021–Mar 2022 | Oversaw expansion post-IPO |
| Coupa Software, Inc. | Chief Financial Officer | May 2015–Jun 2021 | Scaled SaaS operations |
| MobileIron, Inc. | Chief Financial Officer | Dec 2013–May 2015 | Enterprise mobile IT; public company CFO |
| Canara, Inc. | Co-CEO & COO | Jun 2012–Jul 2013 | Power systems infrastructure; predictive services |
| Broken Arrow Capital | Managing Director (Founder) | Jul 2007–Dec 2013 | Venture capital leadership |
| Rackable Systems, Inc. (SGI) | President | Apr 2006–May 2007 | Data center hardware |
| Rackable Systems, Inc. (SGI) | Chief Financial Officer | Dec 2002–Apr 2006 | Public company CFO |
External Roles
| Organization | Role | Status | Notes |
|---|---|---|---|
| HashiCorp, Inc. | Director | Current | Public company board |
| Arctic Wolf Networks, Inc. | Director | Current | Cybersecurity; private company |
Board Governance
| Attribute | Detail |
|---|---|
| Independence | Board determined Todd Ford is independent under Nasdaq Rule 5605(a)(2) |
| Committees | Audit (Chair), Compensation (member), Strategic Investment (member) |
| Audit Committee Financial Expert | Identified as “audit committee financial expert” under Item 407(d)(5)(ii) |
| Board & Committee Attendance | Board held 7 meetings in FY2025; none of directors re-nominated attended <75% of committee meetings on which they served; seven of eight directors attended ≥75% of Board meetings |
| Committee Meetings (FY2025) | Audit: 5; Compensation: 4; Strategic Investment: 2 |
| Executive Sessions & Governance Practices | Regular independent director executive sessions; majority-independent Board; five standing committees all independent; no hedging/pledging permitted; majority voting policy |
Fixed Compensation
| Component | FY2025 Amount/Policy |
|---|---|
| Fees Earned or Paid in Cash | $117,875 (Todd Ford actual) |
| Board Annual Cash Retainer | $100,000 (effective July 1, 2024; increased from $40,000 in FY2024) |
| Audit Committee Chair Fee | $25,000 annually |
| Compensation Committee Member Fee | $8,000 annually (increased from $7,500) |
| Strategic Investment Committee Member Fee | $5,000 annually (new in FY2025) |
| Meeting Fees | Not specified; program structured as annual retainers |
Performance Compensation
| Grant Type | Grant Date | Shares/Value | Vesting | Notes |
|---|---|---|---|---|
| RSU (Annual Director Grant) | Aug 23, 2024 | 79,881 shares; grant date fair value included in $155,768 total stock awards | Vests upon completion of Board service year (or earlier of 12 months) | |
| Total Stock Awards (FY2025) | — | $155,768 (grant date fair value) | — | Computed per ASC 718; closing price on grant date |
No cash bonus, options, PSUs, or performance-tied metrics for non-employee director compensation; equity awards are time-based RSUs (not performance-contingent) .
Other Directorships & Interlocks
| Item | Detail |
|---|---|
| Compensation Committee Interlocks | None; no EGHT executives served on boards/comp committees of entities whose executives served on EGHT’s Board/Comp Committee in FY2025 |
| Potential Interlocks/Transactions | Board reviewed vendor relationships for certain directors (e.g., ZoomInfo, Elastic, Rapid7) to assess independence; no material relationships noted for Todd Ford |
Expertise & Qualifications
- 15+ years CFO/operating executive in public tech; deep SaaS scaling, go-to-market, and capital allocation expertise .
- Audit committee financial expert designation; strong financial reporting and internal controls oversight .
- B.S. in Accounting from Santa Clara University .
Equity Ownership
| Holder | Shares Beneficially Owned | % of Class | RSUs Outstanding (as of 3/31/25) | RSUs Vesting within 60 Days (as of 5/29/25) |
|---|---|---|---|---|
| Todd Ford | 104,226 | <1% | 79,881 | 79,881 |
| Shares Pledged/Hedged | None permitted; company prohibits short sales, hedging, pledging by directors | |||
| Director Ownership Guidelines | Must hold lesser of $200,000 in value or 40,000 shares beginning after 5 years of service; amended June 2024 due to share price volatility | |||
| Compliance Status (as of 6/13/25) | Directors subject to guideline (including Todd Ford) compliant; threshold was 40,000 shares based on $2.00 stock price on 3/31/25 |
Governance Assessment
- Strengths: Independent; Audit Chair and financial expert; multi-committee service (including Strategic Investment Committee overseeing capital allocation); attendance threshold met; aligned through stock ownership guideline compliance .
- Compensation mix signals: FY2025 program increased cash retainer and reduced annual RSU value (from $175,000 to $135,000), balancing cost control and alignment; Ford’s FY2025 cash ($117,875) vs equity ($155,768) indicates meaningful equity exposure despite lower RSU value .
- Conflicts/Related Party: No related-party transactions >$120,000 involving directors noted for FY2025; Audit Committee pre-approves related-party dealings; no vendor relationships flagged for Ford .
- RED FLAGS: None evident for Ford (no hedging/pledging; independence affirmed; attendance ≥75%; no interlocks). Continued monitoring warranted for dilution from equity plans broadly, but director equity grants were reduced in FY2025, mitigating dilution concerns .
Insider Filings Compliance
| Item | Detail |
|---|---|
| Section 16(a) Compliance (FY2025) | All officers/directors (including Todd Ford) filed timely beneficial ownership reports |
Specific Form 4 transaction details are not disclosed in the proxy; EGHT notes timely compliance with Section 16(a) reporting requirements .