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Five9 Announces CEO Retirement and CFO Appointment

Story Highlights
  • Five9’s CEO, Michael Burkland, announced his retirement effective July 31, 2025.
  • Five9 appointed Bryan Lee as CFO and plans to declassify its board and remove supermajority vote threshold.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Five9 Announces CEO Retirement and CFO Appointment

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Five9 ( (FIVN) ) has provided an update.

On July 31, 2025, Five9, Inc. announced the retirement of its CEO, Michael Burkland, who will remain in his role until a successor is appointed. Burkland will then serve as Executive Chairman for up to six months to aid in the transition. Concurrently, Bryan Lee was appointed as Chief Financial Officer, having previously served in an interim capacity. The company also plans to declassify its board and remove the supermajority vote threshold, aiming to enhance corporate governance and shareholder engagement.

The most recent analyst rating on (FIVN) stock is a Buy with a $48.00 price target. To see the full list of analyst forecasts on Five9 stock, see the FIVN Stock Forecast page.

Spark’s Take on FIVN Stock

According to Spark, TipRanks’ AI Analyst, FIVN is a Outperform.

Five9’s overall stock score is driven by strong financial performance and a positive outlook from recent earnings calls. While technical analysis and valuation present some challenges, the company’s strategic focus on AI and partnerships, as well as effective cash flow management, position it well for future growth. The high debt level and current unprofitability are key risks, but the narrowing of losses suggests potential for improvement.

To see Spark’s full report on FIVN stock, click here.

More about Five9

Average Trading Volume: 2,014,861

Technical Sentiment Signal: Sell

Current Market Cap: $2.16B

For detailed information about FIVN stock, go to TipRanks’ Stock Analysis page.

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