Summary by Moomoo AI
On July 31, 2024, C3.ai, Inc. announced the appointment of Merel Witteveen as Senior Vice President, Operations, effective immediately. Witteveen, who has been with the company since August 2016, previously held the position of Interim Chief Operating Officer since June 2024 and has a history of various roles within the company, including Group Vice President, Alliances. Her new compensation includes an annual base salary of $450,000, a target bonus of 50% of her base salary, and an award of 40,000 restricted stock units under the company's equity incentive plan. Additionally, on August 1, 2024, Ed Abbo transitioned from President and Chief Technology Officer to Executive Vice President and Chief Technology Officer. These executive changes were disclosed in a Form 8-K filed with the SEC by C3.ai, Inc., headquartered in Redwood City, California.