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- Departure of CFO (new) — Long-tenured CFO departed after 10 years, though transition appears planned with advisory role through February 2027.
PagerDuty appoints Eric Prengel as CFO, replacing 10-year veteran Howard Wilson
Filed June 22, 2026 · Period ending June 22, 2026 · ~1 min read
Key Changes
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Eric Prengel appointed CFO effective June 22, 2026, bringing 20+ years of experience from Elastic (where he served as Interim CFO), JPMorgan, and Deutsche Bank to oversee finance, accounting, and investor relations.
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR → -
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Howard Wilson retired as CFO after 10 years in the role, transitioning to Strategic Advisor through February 2027 to facilitate continuity in the planned leadership change.
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR → -
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Prengel's compensation includes $460,000 base salary, 75% target bonus ($805,000 total target cash), 600,000 time-based RSUs vesting over four years, and 300,000 performance-based RSUs at target.
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR → -
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Company disclosed 36,000 global customers and momentum in AI offerings, with new CFO focused on accelerating profitable growth and shareholder value creation.
Exhibit 99.1 view on EDGAR →
Summary
PagerDuty executed a planned CFO transition, with Eric Prengel replacing Howard Wilson who retired after a decade leading finance. The orderly handoff—Wilson remains as Strategic Advisor through February 2027—suggests deliberate succession planning rather than an abrupt departure, though any CFO change after 10 years warrants attention to continuity in financial reporting and strategy execution. Prengel brings relevant public-company finance experience from Elastic, where he served as Interim CFO and led FP&A and investor relations, plus investment banking background from JPMorgan and Deutsche Bank.
The company's disclosure of 36,000 customers and AI momentum provides context for the leadership change: PagerDuty is positioning for a growth phase emphasizing profitability. Prengel's compensation—$805,000 target cash and up to 900,000 RSUs—aligns with mid-cap software CFO packages and includes performance-based equity to tie pay to results. Investors should monitor upcoming earnings calls and filings for Prengel's strategic priorities and any shifts in financial guidance or capital allocation under the new CFO.
Section-by-Section Diff
Event · Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation
PagerDuty appointed Eric Prengel as CFO effective June 22, 2026, replacing Howard Wilson who transitions to Strategic Advisor role.
Added in current filing · verify on EDGAR →
On June 22, 2026, PagerDuty, Inc. (the “Company”) announced the appointment of Eric Prengel as the Company’s Chief Financial Officer (“CFO”), effective June 22, 2026 (the “Appointment Date”).
Eric Prengel, 44, was appointed CFO effective immediately. He most recently served as Global VP of Finance at Elastic N.V. from January 2023 to June 2026, where he led FP&A, Strategic Finance, Investor Relations, and other finance functions, and served as Interim CFO from December 2024 to March 2025. Prior experience includes investment banking roles at J.P. Morgan and Deutsche Bank.
Show 1 minor / wording change
Added in current filing · verify on EDGAR →
Mr. Prengel will be eligible to participate as a Tier 2 Participant in the Company’s Amended and Restated Executive Severance and Change in Control Policy
Prengel is eligible for severance benefits as a Tier 2 participant under the company's executive severance policy, providing protection in termination or change-in-control scenarios.
Event · Exhibit 99.1
PagerDuty appointed Eric Prengel as CFO, succeeding retiring CFO Howard Wilson before July 31, 2026.
Added in current filing · view on EDGAR →
PagerDuty, Inc. (NYSE:PD), a leader in AI-first operations management, today announced that Eric Prengel has joined the company as Chief Financial Officer. Prengel will oversee our Finance and Business Operations organization at PagerDuty, including all Finance and Accounting Functions, Global Business Operations, Corporate Strategy, Corporate Development, and Investor Relations with a focus on advancing business objectives as PagerDuty enters its next phase of growth.
PagerDuty appointed Eric Prengel as Chief Financial Officer effective June 22, 2026. Prengel will oversee Finance, Accounting, Global Business Operations, Corporate Strategy, Corporate Development, and Investor Relations. He brings over 20 years of experience from technology and investment banking roles at Elastic, JPMorgan, Deutsche Bank, and other firms.
Added in current filing · view on EDGAR →
Prengel succeeds Howard Wilson who is retiring before the end of the second quarter of fiscal 2027, ending July 31, 2026.
Howard Wilson is retiring as CFO before July 31, 2026, marking the end of his tenure. The transition appears planned with a successor already in place, suggesting an orderly leadership change rather than an abrupt departure.
Added in current filing · view on EDGAR →
Prengel joins PagerDuty with more than 20 years of leadership experience in technology, investment banking, and management consulting organizations, including Elastic, JPMorgan, Deutsche Bank, Thomas Weisel Partners, and Stern Stewart & Co.
The new CFO has extensive experience in technology companies and investment banking, including prior work at Elastic (a public software company), major investment banks, and consulting firms. His background combines operational finance leadership with strategic advisory experience.
Added in current filing · view on EDGAR →
With the massive momentum behind our AI offerings and a strong footprint of 36,000 global customers, I am incredibly energized to work with John and the leadership team to accelerate our profitable growth and deliver massive, durable value for both our customers and shareholders.
The company disclosed it has 36,000 global customers and is experiencing momentum in AI offerings. The new CFO's stated focus is on accelerating profitable growth, suggesting the company is prioritizing profitability alongside expansion.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jun 22, 2026 · How we verify