Zoom Appoints Former Oracle CFO Jeff Epstein to Board; Jonathan Chadwick to Retire

Summary of Events

On September 2, 2026, Zoom Communications, Inc. ($ZM) filed a Form 8-K reporting leadership updates to its Board of Directors pursuant to Item 5.02 and Item 7.01.

1. Appointment of Jeff Epstein

• Effective Date: August 31, 2026
• Role: Class I Director (term expiring at the 2029 Annual Meeting of Stockholders) and member of the Audit Committee.
• Background: Operating Partner at Bessemer Venture Partners since 2011, Lecturer at Stanford GSB, and former EVP/CFO of Oracle Inc. He currently serves on the boards of Autodesk, AvePoint, and Twilio.
• Compensation: Standard Non-Employee Director Compensation Policy, including an initial grant of Restricted Stock Units (RSUs) with a target value of $213,219, vesting on the day prior to the 2027 annual meeting (or one-year anniversary), subject to continuous service.

2. Resignation of Jonathan Chadwick

• Effective Date: November 19, 2026
• Context: Jonathan Chadwick notified the company on September 1, 2026, of his decision to retire from the Board after nearly ten years of service. His departure was not due to any disagreement with the company.

Market & Governance Implications

• The transition introduces extensive enterprise software and financial oversight experience with the addition of Jeff Epstein to the Audit Committee.
• The orderly transition and lack of disputes reflect routine corporate governance continuity.