Business Context and Reporting Period
This Form 8-K Current Report from Upland Software, Inc. (UPLD) covers events occurring on June 30, 2026, and July 6, 2026. The filing addresses significant changes in executive leadership within the finance function.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and does not contain financial performance data.
Material Changes
- Departure of CFO: Michael D. Hill notified the Board on June 30, 2026, of his intention to retire as Chief Financial Officer, effective July 27, 2026. The departure is not the result of any disagreements regarding operations, policies, or practices.
- Interim Appointment: On July 6, 2026, the Board appointed David Tamez as Interim Chief Financial Officer, effective July 27, 2026, pending the identification of a permanent successor.
Guidance, Outlook, and Risks
Management Commentary: The Company has initiated a search process for a permanent CFO. Mr. Tamez, who has served as Senior Vice President, Treasury Management since June 2023 and previously as Vice President, Accounting and Corporate Controller from 2014 to 2023, will assume interim duties.
Compensation Contingency: As of the filing date, the Compensation Committee and Board have not finalized Mr. Tamez's compensation for the interim role. An amendment to this report will be filed once the information is determined.
Risks and Unusual Items: No unusual items or specific risks were disclosed in this filing other than the standard transition of executive leadership.
Investor Verification Checklist
- Verify the timeline for the permanent CFO search and the duration of the interim arrangement.
- Monitor for the upcoming Form 8-K amendment detailing Mr. Tamez's interim compensation package.
- Confirm that no undisclosed disagreements or material events precipitated Mr. Hill's retirement.