Domo Details Executive Compensation, CEO's 76% Voting Control, and Former COO's $2.5M Severance
DOMO sits 88% above its 52-week low of $2.39.
Summary
Domo's proxy statement reveals significant executive compensation, including performance-based equity for the CEO, a large severance for the former COO, and confirms the CEO's substantial voting control.
Key Events · Corporate Governance and Compliance · DOMO
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CEO Compensation Details
Joshua G. James, CEO, received $9.46 million in total compensation for fiscal 2026, including 450,000 performance-based restricted stock units (PSUs) with stock price hurdles ranging from $20 to $45.
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Former COO Severance Package
Mark Maughan, former Chief Operating Officer, received a $2.54 million severance package, which included $1.5 million in cash and accelerated equity vesting.
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Controlled Company Status Confirmed
CEO Joshua G. James holds 76.4% of the total voting power, maintaining Domo's status as a "controlled company" under Nasdaq rules, which affects corporate governance.
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Board Member Not Seeking Re-election
Director John Pestana will not stand for re-election at the upcoming annual meeting, reducing the board size from nine to eight members.
Analysis · DOMO · Technology
This definitive proxy statement outlines Domo's executive compensation for fiscal 2026, including a substantial $9.46 million package for CEO Joshua G. James, featuring 450,000 performance-based restricted stock units with ambitious stock price hurdles. It also details a $2.54 million severance package for former COO Mark Maughan. The filing reiterates CEO James's significant voting control (76.4%) and the company's status as a "controlled company," which impacts corporate governance. These disclosures are important for investors, especially in light of the company's flat revenue and the presence of an activist investor.
How filings like this one have moved
In the 30 days to Sep 14, 2026, 29.9% of the 1591 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.24%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, DOMO was trading at $4.50 on NASDAQ in the Technology sector, with a market capitalization of approximately $204.5M. The 52-week trading range was $2.39 to $18.49. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.