Zoom announced his sack in an SEC filing it made with the US’ Securities and Exchange Commission (SEC). However, Tomb’s termination was sudden and is effective as of Friday, 3rd of March. The SEC filing disclosed that ex-president Tomb’s sack was signed off by Zoom’s COO Aparna Bawa.
The SEC filing reads thus “On February 28, 2023, Zoom Video Communications, Inc. (the “Company”) terminated the employment of Greg Tomb as the Company’s President, effective March 3, 2023. Mr. Tomb will receive the severance benefits payable in accordance with his previously disclosed employment arrangements that are payable upon a “termination without cause”.
Although, it is not certain who will take charge of things with Tomb being let go by the company. The spokesperson from Zoom disclosed to Business Insider that the company won’t find a replacement for Tomb and refused to comment further on it.
Tomb joined Zoom in June 2022. He has more than 20 years of experience before joining Zoom from Google Cloud. He was vice president of sales. Google workspace SMB, data and analytics, Geo Enterprises, and security sales.
At Zoom, Tomb reported directly to Zoom founder and CEO Eric S Yuan, upon Tomb’s appointment as president, he took charge of the company’s go-to-market strategy, revenue efforts, and office of the global chief information officer.
Tomb’s termination is coming after Zoom announced in early February that it was laying off about 1,300 employees which are about 15% of its workforce. Yuan further revealed that he was accountable for the mistakes and actions which he was taking. Yuan also disclosed that he would also be taking a pay cut of 98% which means his salary would now be $10,000 for this year.
