Domo, Inc., a prominent U.S.-based software company specializing in enterprise software solutions, recently announced a significant change in its executive team. On June 22, 2026, the company filed a current report disclosing the resignation of its Chief Technology Officer and Executive Vice President of Product, Daren Thayne, effective July 10, 2026. This announcement was made through a form 8-K filing, adhering to standard regulatory reporting requirements.
Domo, Inc. operates within the Information Technology sector, specifically in the software industry, and is publicly traded on the Nasdaq. The company is renowned for its cloud-based executive management platform, which provides direct and real-time access to business information across various industries, including media and marketing, telecommunications, retail, travel and leisure, technology, and financial services. Domo conducts its operations primarily in Utah.
The resignation of Daren Thayne marks a notable shift within the company’s leadership. However, Domo, Inc. has clarified that the departure is not related to any operational disagreements. Mr. Thayne will continue to fulfill his duties until the effective date of his resignation to ensure a smooth transition. The company has not announced any immediate plans to appoint a replacement for Mr. Thayne. In the interim, other executives within the company will assume his responsibilities.
As of June 25, 2026, Domo, Inc.’s close price stood at $2.94, with a market capitalization of approximately $132.74 million. The company’s stock has experienced significant volatility over the past year, with a 52-week high of $18.489 on September 21, 2025, and a 52-week low of $1.84 on June 16, 2026. The price-to-earnings ratio is currently at -2.07, reflecting the company’s financial performance and market conditions.
The recent filing did not report any additional corporate actions or financial developments. Domo, Inc. continues to focus on its core mission of providing comprehensive business intelligence solutions to its diverse clientele. The company remains committed to maintaining its leadership position in the enterprise software market, despite the changes in its executive team.
