Klaviyo appoints Erica Smith as CFO with $18M equity package, effective Sept 1

Filed July 13, 2026 · Period ending July 13, 2026 · ~1 min read

Key Changes

• high

  Erica Smith, former CyberArk CFO, joins as CFO on September 1, 2026, with $550K base salary, 50% target bonus, and $18M in equity ($15M time-based RSUs vesting quarterly over 4 years, $3M performance shares tied to stock price targets of $30, $50, and $75).

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

  Performance stock units vest only if Klaviyo's stock trades at or above $30, $50, or $75 per share for 60 consecutive days through February 2029, aligning executive pay with shareholder returns.

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

  Current CFO Amanda Whalen, who announced her planned departure in May, will remain through September 4 and serve as advisor through November 16 to support the transition.

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