Domo COO Mark Maughan resigns

Domo Inc. (NASDAQ: DOMO) announced that Chief Operating Officer Mark Maughan resigned from his position effective January 11, 2026.

Under the terms of a separation agreement, Maughan will receive $1.5 million in cash within 30 days of his departure date. The company will also accelerate the vesting of all his outstanding restricted stock units and provide him with 245,000 additional fully vested restricted stock units distributed over three years.

The separation agreement includes mutual releases of claims between Maughan and the company. Maughan has agreed to non-compete restrictions during what the agreement defines as the "Consultant Period."

If a change in control occurs before Maughan receives all consideration outlined in the agreement, any remaining payments will be accelerated.

Maughan will continue working with Domo as a consultant under a separate consulting agreement dated January 11, 2026.

The information was disclosed in a regulatory filing with details of the separation agreement filed as an exhibit.

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