Asana increases executive severance, adopts new bonus plan, promotes CAO

Filed March 13, 2026 · Period ending March 10, 2026 · ~1 min read

Key Changes

• medium

  Asana raised executive severance from 4 to 6 months of base salary plus target bonus for terminations outside change-of-control events, increasing potential cash obligations and signaling competitive talent retention efforts.

  Item 5.02 verify on EDGAR →
• medium

  Company adopted new Incentive Bonus Plan allowing cash bonuses for employees including CEO and CFO based on performance metrics like revenue, earnings, and customer growth, with broad administrator discretion to adjust or eliminate awards.

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• low

  Veronica Sosa, VP and Global Corporate Controller since 2022, promoted to Chief Accounting Officer and principal accounting officer. Internal promotion with no compensation change, filling key financial reporting role.

  Item 5.02 verify on EDGAR →