Item 2.02 Results of Operations and Financial Condition.
On January 26, 2022, ServiceNow, Inc. ("ServiceNow" or the "Company") issued a
press release announcing financial results for the three months and year ended
December 31, 2021.
A copy of the press release is attached as Exhibit 99.1 to this Current Report
on Form 8-K and is incorporated by reference herein.
The information in this report, including the exhibit attached hereto, is
furnished pursuant to Item 2.02 of Form 8-K and is not deemed to be "filed" for
purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the
"Exchange Act"), or otherwise subject to liabilities of that section, nor shall
it be deemed incorporated by reference in any filing of ServiceNow under the
Securities Act of 1933, as amended (the "Securities Act"), or the Exchange Act,
whether made before or after the date hereof and irrespective of any general
incorporation language in any filings.
ServiceNow makes reference to non-GAAP financial information in the press
release. A reconciliation to the nearest comparable GAAP financial measures of
the non-GAAP financial measures is included in the press release attached hereto
as Exhibit 99.1. These non-GAAP financial measures are reported in addition to,
and not as a substitute for, or superior to, financial measures calculated in
accordance with GAAP.
ServiceNow encourages investors to carefully consider its results under GAAP, as
well as its supplemental non-GAAP information and the reconciliation between
these presentations, to more fully understand its business.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b) and (c)
On January 25, 2022, the Board of Directors of ServiceNow promoted Chirantan
"CJ" Desai, 51, to Chief Operating Officer, effective immediately, with overall
responsibilities expanded to include product, design, and engineering, and
industries and solution sales.
Mr. Desai's biographical information and compensation information are included
in the Company's proxy statement for its 2021 annual meeting of shareholders.
There are no arrangements or understandings between Mr. Desai and any other
person pursuant to which Mr. Desai was promoted as Chief Operating Officer.
There are no family relationships between Mr. Desai and any of the Company's
directors or other executive officers. Mr. Desai has not had an interest in any
transaction since the beginning of the Company's last fiscal year, or any
currently proposed transaction, that requires disclosure pursuant to Item 404(a)
of Regulation S-K.
Additionally, effective on January 25, 2022, Kevin Haverty was promoted and
transitioned from the position of Chief Revenue Officer to the position of
Senior Advisor to the Chief Executive Officer to work on expanding the Company's
footprint in the public sector and to mentor professionals across the Company.
Additionally, effective on January 25, 2022, Paul Smith was promoted to Chief
Commercial Officer to oversee all regional sales teams, sales enablement and
sales operations. Most recently, Mr. Smith served as the Company's President -
EMEA since July 2020.
For additional information, see the press release attached as Exhibit 99.2 to
this Current Report on Form 8-K. The information in the press release attached
hereto shall not be deemed "filed" for purposes of Section 18 of the Exchange
Act or otherwise subject to the liabilities of that section, nor shall it be
deemed incorporated by reference in any filing of ServiceNow under the
Securities Act or the Exchange Act whether made before or after the date hereof
and irrespective of any general incorporation language in any filings.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Press release dated January 2 6 , 202 2 , announcing
99.1 ServiceNow, Inc.'s financial results for the three months and year
ended December 31 , 2021.
99.2 Press release dated January 26, 2022.
104 Cover Page Interactive Data File - the cover page XBRL tags are embedded
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