Gloo Holdings CEO and Executive Chair Cut Base Salary to $1 to Align with Shareholders

Reuters
Jan 29
Gloo Holdings CEO and Executive Chair Cut Base Salary to $1 to Align with Shareholders

Gloo Holdings Inc. has announced that, effective February 1, 2026, CEO and Executive Chair Pat Gelsinger and the company's CEO will reduce their base salaries to $1 per year. This move is intended to further align executive compensation with shareholder outcomes and reflects leadership’s conviction in the company’s future trajectory.

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