Zscaler ( (ZS) ) has shared an update.
Zscaler, Inc. has amended its Change of Control and Severance Policy, allowing named executive officers to receive severance benefits in certain termination scenarios not linked to a change of control. This includes a payout of 50% of their annual base salary and accelerated vesting of equity awards. Additionally, the company announced the retirement of CFO Remo Canessa, who will remain during the transition period while a successor is sought.
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