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Quotes & Info
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| INFA > SEC Filings for INFA > Form 8-K/A on 30-Nov-2012 | All Recent SEC Filings |
30-Nov-2012
Change in Directors or Principal Officers
Appointment of New Director
On July 19, 2012, the Board of Directors of Informatica Corporation ("Informatica") appointed Amy Chang to the Board of Directors as a Class III director, effective immediately. On November 28, 2012, Ms. Chang was appointed to the Compensation Committee of the Board of Directors.
Ms. Chang will participate in the non-employee director compensation arrangements described in Informatica's 2012 proxy statement. Under the terms of those arrangements, Ms. Chang will receive, among other things, annual compensation of $50,000 for serving on the Board, an initial option award for 15,000 shares of Informatica's common stock and an initial restricted stock unit award for 5,000 shares of Informatica's common stock. The initial option award will vest as to 33% of the shares on the first anniversary of the grant date, and as to an additional 2.78% each month thereafter. The restricted stock unit award will vest as to 33 1/3% of the restricted stock units on each of the first three anniversaries of the vesting commencement date. In addition, Ms. Chang has executed Informatica's standard form of indemnification agreement.
Ms. Chang has been the global head of product, ads measurement and reporting for Google Inc. since 2010. Ms. Chang joined Google in July 2005, and has served in various management positions including director of product management, group product manager, senior product manager and product manager. Prior to joining Google, Ms. Chang held various positions at eBay Inc. and McKinsey & Company. Ms. Chang holds a B.S. degree in electrical engineering, hardware, and a M.S. degree in electrical engineering, network systems, from Stanford University. During her time at Stanford, Ms. Chang was an Intel Foundation Scholar and a Mayfield Venture Fund Fellow.
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