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NASDAQ: HOOD Robinhood Markets, Inc. 8-K

Robinhood splits principal accounting officer role from CFO, appoints Dara Bazzano

Filed June 26, 2026 · Period ending June 25, 2026 · ~1 min read

3 key changes 1 section

Key Changes

  • medium

    Robinhood separated the principal accounting officer role from CFO Shiv Verma, appointing Chief Accounting Officer Dara Bazzano to the position effective June 25. Verma retains CFO and principal financial officer duties.

    Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →
  • medium

    Bazzano, 58, joined as Chief Accounting Officer in April 2026 and brings extensive public-company experience including chief accounting officer roles at T-Mobile (2020-2025), CBRE Group (2018-2020), and The Gap (2013-2018).

    Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →
  • low

    Bazzano's compensation includes $425,000 base salary, 40% target bonus, $1,540,000 annual equity target, a $3,300,000 RSU grant vesting quarterly over two years, and a $400,000 sign-on bonus in two installments.

    Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →

Summary

Robinhood formalized a common governance practice by splitting the principal accounting officer role from the CFO position. Dara Bazzano, who joined as Chief Accounting Officer two months ago, now holds the principal accounting officer designation while CFO Shiv Verma continues in his existing CFO and principal financial officer roles.

This separation creates clearer accountability for financial reporting and internal controls under Bazzano while Verma focuses on broader financial strategy. Bazzano's appointment brings deep public-company accounting expertise to the role. Her background includes chief accounting officer positions at major public companies—T-Mobile for five years, CBRE Group, and The Gap—plus prior partnership at PwC and KPMG.

For a fintech company navigating complex regulatory requirements, having a dedicated principal accounting officer with this track record strengthens the financial reporting function. The move is a routine governance enhancement with no operational or strategic implications for investors.

Section-by-Section Diff

Event · Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation

~600 words

Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation filed; see Key Changes for terms.

1 Added
Added Bazzano background and experience medium

Added in current filing · verify on EDGAR →

Ms. Bazzano, age 58, has been the Company’s Chief Accounting Officer since April 2026 and has responsibilities for the Company’s accounting, tax, financial operations, financial reporting, and internal control functions. Ms. Bazzano previously served as the California Market leader for Cross Country Consulting from June 2025 through April 2026. Prior to that, Senior Vice President and Chief Accounting Officer of T-Mobile US, Inc., a wireless communication, and broadband services provider, from 2020 to 2025.

Bazzano brings extensive public-company accounting experience, including chief accounting officer roles at T-Mobile (2020-2025), CBRE Group (2018-2020), and The Gap (2013-2018), plus prior partnership at PwC and KPMG. Her responsibilities cover accounting, tax, financial operations, reporting, and internal controls.

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Figures/quotes linked to EDGAR · Narrative written by AI · Jun 29, 2026 · How we verify