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  • Departure Of Ceo (new) — Long-serving CEO Jennifer Tejada is stepping down from the CEO role after 10 years of leadership.
NYSE: PD PagerDuty, Inc. 8-K

PagerDuty appoints John DiLullo as CEO, replacing 10-year leader Jennifer Tejada

Filed May 11, 2026 · Period ending May 11, 2026 · ~1 min read

Key Changes

  • high

    John DiLullo, 59, appointed CEO effective May 11, 2026, bringing 25+ years of enterprise software and cybersecurity experience from roles including CEO of Deepwatch. Jennifer Tejada steps down after 10 years as CEO, transitioning to Executive Chair then board member through 2027.

  • high

    New CEO receives $19 million equity package including $7M time-based RSUs, $7M performance RSUs tied to metrics like relative shareholder return, and two $2.5M awards that vest only if stock hits $10 or $13 within 3-5 years, directly linking pay to stock price gains.

  • medium

    Company reaffirmed Q1 and full fiscal year 2027 financial outlook originally issued March 12, 2026, signaling business continuity despite leadership change.

2 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.

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Source-verified from EDGAR · Narrative written by AI · Jun 1, 2026 · How we verify