Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Director Appointment
On January 4, 2023, the board of directors ("Board") of Zoom Video
Communications, Inc. (the "Company") elected Cindy L. Hoots to the Board,
effective January 5, 2023. Ms. Hoots was elected as a Class II director for a
term expiring at the Company's 2024 annual meeting of stockholders. Ms. Hoots
will also serve on the Cybersecurity Risk Management Committee of the Board.
Ms. Hoots has served as the Chief Digital Officer and Chief Information Officer
at AstraZeneca PLC, a pharmaceutical company, since January 2020. From January
2018 to December 2019, she served as Global Vice President of Technology of
Unilever PLC, a multinational consumer goods company. Prior to joining Unilever,
Ms. Hoots served as Vice President of Next Generation Products, Commercial and
Digital Transformation at British American Tobacco plc, a multinational tobacco
manufacturing company, from 2016 to 2018. Ms. Hoots received a B.S. in computer
information systems from DeVry Institute of Technology.
There is no arrangement or understanding between Ms. Hoots and any other persons
pursuant to which she was elected as a director. Ms. Hoots has no direct or
indirect material interest in any transaction required to be disclosed by the
Company pursuant to Item 404(a) of Regulation S-K. Ms. Hoots will enter into the
Company's standard form of indemnification agreement between the Company and its
directors and executive officers.
Ms. Hoots will be compensated as a member of the Board under the terms of the
Company's Non-Employee Director Compensation Policy.
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