Asana picks Dan Rogers, formerly of ServiceNow, to replace CEO Dustin Moskovitz

Company Leadership Change - Asana has appointed Dan Rogers as its new CEO, replacing co-founder Dustin Moskovitz, who will remain as chair of the board [1][3][4] - Rogers will officially start on July 21, transitioning from his role as CEO of LaunchDarkly [2][5] Financial Performance and Stock Information - Asana's AI Studio software generated over $1 million in annualized revenue during the April quarter [3] - After going public in 2020, Asana's stock price peaked at $142.68 in November 2021 but has since declined to $12.93 per share [6] - Moskovitz owns approximately 39% of Asana's outstanding shares [6] Compensation and Background of New CEO - Dan Rogers will receive a base salary of $650,000, $35 million in restricted stock units, and will be eligible for a $650,000 annual target bonus [4] - Prior to LaunchDarkly, Rogers held significant roles at ServiceNow, Symantec, Amazon Web Services, Microsoft, and Salesforce [5]