Rapid7, Inc. has executed a significant restructuring of its Board of Directors, involving the simultaneous resignation of four members and the appointment of two new directors with deep cybersecurity and customer experience expertise. The changes, effective in late August and early September 2026, also include the appointment of a new Lead Independent Director and a reconfiguration of board committees.
Key Details
- Director Departures: Effective August 27, 2026, directors Michael Burns, Benjamin Holzman, Thomas Schodorf, and Reeny Sondhi resigned from the Board. As part of their departure, the Board approved accelerated vesting of their unvested equity awards and cash compensation through June 30, 2027.
- New Appointments: Maria Barrett, a retired U.S. Army Lieutenant General and former Commanding General of the U.S. Army Cyber Command, and Julian Waits, Rapid7's current Chief Experience Officer, will join the Board effective September 1, 2026.
- Board Leadership & Structure: The Board size was fixed at nine members. J. Benjamin Nye was appointed Lead Independent Director, and the compositions of the Audit, Compensation, and Nominating committees were updated. Mr. Waits will transition from his executive role to the Board and will not serve on any committees initially.