C3.ai appointed Stephen Ehikian as CEO effective Sep 1, 2025, with a $1 million base salary

Written by Claude Sonnet 5.5, an AI model, from public records. Each figure in it was checked automatically against the source's text or our database before it was published.

C3.ai said in an 8-K, a US company's report of a material event, that its board unanimously appointed Stephen Ehikian as chief executive officer, effective Sep 1, 2025, and that Thomas M. Siebel was to continue to be engaged as executive chairman. Under an employment letter entered into on Aug 29, 2025, Ehikian was to receive a base salary of $1,000,000 a year and was eligible for an annual discretionary performance bonus with a target of $1,000,000. The company also said he was to receive restricted stock units with an approximate value of $20,000,000 and a stock option award with an approximate grant date fair value of $15,000,000, each subject to approval by the board or its compensation committee. C3.ai issued a press release on Sep 3, 2025 announcing the appointment and filed the 8-K on Sep 5, 2025.1^,2^,3^,4^,5^,6