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    William Staples

    Chief Executive Officer at GitLab Inc
    Board
    Since December 5, 2024
    Age
    48 years
    Education
    Holds a Bachelor of Science (B.S.) degree from the University of Utah.
    Tenure
    Appointed as Chief Executive Officer of GTLB on December 5, 2024, and serves as a Class III director on the board.

    Also at GitLab Inc

    SS
    Sytse Sijbrandij
    Executive Chair of the Board of Directors
    BR
    Brian Robins
    Chief Financial Officer (CFO)
    RJS
    Robin J. Schulman
    Chief Legal Officer and Corporate Secretary

    About

    At 48 years old, he holds a Bachelor of Science (B.S.) degree from the University of Utah.

    With over 30 years of experience in the technology and software industry, he has held significant leadership roles at companies such as Microsoft, Adobe, and New Relic where he managed large-scale operations and product development initiatives.

    He was appointed as Chief Executive Officer of GTLB on December 5, 2024, and also assumed the role of a Class III director on the board, succeeding co-founder Sytse Sijbrandij.

    $GTLB Performance Under William Staples

    Past Roles

    OrganizationRoleDate RangeDetails
    New Relic, Inc. Chief Executive Officer & Board Member July 2021 to December 2023 Ended upon transition to GTLB CEO
    New Relic, Inc. President & Chief Product Officer January 2021 to July 2021 Role prior to CEO appointment
    Adobe Inc. Vice President of Experience Cloud Engineering September 2017 to January 2020 Led the global engineering team for Experience Cloud
    Microsoft, Inc. Various Roles; most recent as Vice President of Azure Application Platform 1999 to March 2016 Held multiple positions in product, design, and engineering

    Fixed Compensation

    Data from  FY 2024
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary$600,000 annually Semi-monthly installments Fixed annual salary per employment agreement
    Legal Fee ReimbursementUp to $15,000 Reimbursed as incurredCovers attorneys' fees for review, negotiation, drafting, and execution of the agreement
    Company-Sponsored BenefitsN/A In accordance with company plansEligibility for medical, vision, dental, and 401(k) benefits; specifics governed by respective plans
    Termination Benefits - Standard12 months base salary; Pro-rata bonus; 12 months benefits continuation Triggered upon termination without cause or resignation for good reasonBase salary continuation, bonus earned through termination date, and benefits (or COBRA) for 12 months
    Termination Benefits - Corporate Transaction18 months base salary; Pro-rata bonus plus bonus accrued during severance; 18 months benefits continuation Triggered upon termination in connection with a corporate transactionEnhanced severance package with additional bonus accrual and extended benefits continuation
    Restricted Stock Units (RSUs)$24.0 million Vest quarterly over four years with a six-month cliffRSUs of the Company’s Class A common stock; vesting subject to continuous employment as CEO

    Performance Compensation

    Data from  FY 2024

    Bonus Compensation

    MetricDetail
    Target Bonus$600,000
    Performance MetricsNot detailed for 2024
    Evaluation PeriodFiscal Year 2024
    Threshold/CapNot provided

    Performance Stock Units (PSUs)

    MetricDetail
    Award Value$16.0 million
    Vesting ScheduleThree equal tranches over fiscal years 2026, 2027, and 2028
    Performance MetricsNot specified for 2024
    ConditionsContinuous employment as CEO; unvested PSUs forfeited if conditions are not met
    Grant DateDecember 4, 2024 (per Offer Letter)
    Grant Date Stock PriceNot specified
    Grant Date Fair ValueNot separately provided