ETWO E2open Parent Holdings Inc

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934

Date of report (Date of earliest event reported): December 20, 2024

E2open Parent Holdings, Inc.

(Exact Name of Registrant as Specified in Charter)

Delaware		001-39272		86-1874570
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

14135 Midway Road, Suite G300

Addison, TX

(address of principal executive offices)

75001

(zip code)

866-432-6736

(Registrant’s telephone number, including area code)

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions:

	☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

	☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

	☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

	☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Class A Common Stock, par value $0.0001 per share		ETWO		New York Stock Exchange
Warrants to purchase one share of Class A Common Stock     at an exercise price of $11.50		ETWO-WT		New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 20, 2024, E2open Parent Holdings, Inc. (the “Company” or “E2open”) appointed Pawan Joshi, the Company’s current Executive Vice President, Product Management & Strategy, to the role of Chief Strategy Officer (“CSO”) effective as of December 20, 2024.

Item 7.01 Regulation FD Disclosure.

On December 20, 2024, the Company issued a press release announcing the promotion of Mr. Joshi to CSO and the appointment of Rachit Lohani as Chief Product and Technology Office of E2open. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

The information in Item 7.01, including the exhibit hereto, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated into any registration statement or other filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Item 9.01 Financial Statements and Exhibits.

Exhibits.

Exhibit Number		Description
99.1*	—	Press Release, dated as of December 20, 2024
104	—	Cover Page Interactive Data File (formatted in Inline XBRL)

* Furnished herewith

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SIGNATURE

 

Pursuant to the Requirements of the Securities Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

 

	E2open Parent Holdings, Inc.
Date: December 20, 2024	By:	/s/ Susan E. Bennett
		Susan E. Bennett
		Interim Executive Vice President and General Counsel

 

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Exhibit 99.1

www.e2open.com

Press Release

E2open Names Pawan Joshi as Chief Strategy Officer, Welcomes Rachit Lohani as Chief Product and Technology Officer

New roles will drive evolution of leading supply chain software platform and network, strengthen value for customers, and boost company growth

DALLAS – December 20, 2024 – E2open Parent Holdings, Inc. (NYSE: ETWO), the connected supply chain SaaS platform with the largest multi-enterprise network, announces the promotion of Pawan Joshi to chief strategy officer (CSO), a new executive role responsible for driving corporate strategy and growth through strategic client engagement and break-through innovation. E2open also welcomes Rachit Lohani as chief product and technology officer (CPTO), a new executive role bringing together product management, engineering, and technology.

 

“E2open is committed to delivering transformative supply chain solutions, client delight, and enduring business value to our customers by partnering with the world’s leading companies to build their next-generation supply chains,” said Andrew Appel, e2open’s chief executive officer. “These new appointments reinforce the critical role that product strategy, executive client leadership, innovation, and technology play in delivering on these commitments and fueling growth. We are thrilled to congratulate Pawan on his new role and to welcome Rachit, each leading complementary focus areas in the evolution of our comprehensive supply chain software platform and company.

 

“Pawan is an invaluable leader for e2open and in the supply chain industry – someone our customers, partners, industry peers and media alike have come to know and rely upon for his vast knowledge and expertise. We are fortunate to have Pawan leading our strategy in this important executive role,” said Appel. “Rachit has proven success in driving transformational change, developing high-performing teams, and scaling SaaS platforms to support the growth and needs of customers while innovating with market leadership. We believe now is a pivotal time to strengthen our client-centric focus and accelerate growth by aligning our product and technology resources under Rachit’s leadership.”

 

Visionary executive leader critical to future growth

 

Pawan Joshi has been at the forefront of the company and a key architect of the distinctive e2open platform that today powers the supply chains of many of the world’s leading brands. Over his nearly 22-year tenure at e2open, most recently as executive vice president, products and strategy, he has innovated and delivered immense value to clients while leading product management, customer solutions, and strategy. In his new role as CSO, Joshi will work closely with the CEO to develop the company’s vision and strategy, deepen market understanding of e2open’s capabilities and value, and partner with clients in their journeys to world-class supply chain performance. The visionary executive leadership position leverages Joshi’s unparalleled expertise in supply chain, deep product knowledge, and trusted client relationships to advance the company’s industry-leading position.

 

“This is an exciting time for e2open and our clients as we build the modern, resilient, and future-proof supply chains that drive enduring business value and shape our global economy,” said Joshi. “I’m thrilled to collaborate with our clients, industry thought leaders, and my e2open peers as we shape our collective future and create transformative, valuable solutions while advancing our strategic objectives.”

 

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Customer-centric innovation and development

 

Rachit Lohani is a seasoned, highly technical product and engineering leader with more than 20 years of experience building software that creates positive impact. He joins e2open from Paylocity, where he served as chief technology officer, responsible for product, engineering, design, data, security, and IT, leading through transformative growth and global expansion. Previously, Lohani was head of engineering at Atlassian leading platforms; prior to that, he led engineering and product functions at Intuit and AOL. As e2open’s CPTO, he will lead product management, engineering, and technology.

 

“I’m excited to join e2open and lead the talented product and technology teams as together we continue to evolve the supply chain SaaS platform that is mission-critical for many of the world’s largest companies,” said Lohani. “Building on a strong foundation and keeping customers’ success at the heart of our innovation, we have an incredible opportunity to make a positive, sustainable impact not only in the supply chain industry, but also for our customers’ business. I look forward to the journey.”

 

About e2open

E2open is the connected supply chain software platform that enables the world’s largest companies to transform the way they make, move, and sell goods and services. With the broadest cloud-native global platform purpose-built for modern supply chains, e2open connects more than 480,000 manufacturing, logistics, channel, and distribution partners as one multi-enterprise network tracking over 16 billion transactions annually. Our SaaS platform anticipates disruptions and opportunities to help companies improve efficiency, reduce waste, and operate sustainably. Moving as one.™ Learn More: www.e2open.com.

 

E2open and “Moving as one.” are the registered trademarks of E2open, LLC. All other trademarks, registered trademarks and service marks are the property of their respective owners.

 

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Contacts

Media Contact:

5W PR for e2open

e2open@5wpr.com

408-504-7707

 

Investor Relations Contact:

Russell Johnson

russell.johnson@e2open.com

investor.relations@e2open.com

 

Corporate Contact:

Kristin Seigworth

VP Communications, e2open

kristin.seigworth@e2open.com

pr@e2open.com

 

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Cover	Dec. 20, 2024
Document Information [Line Items]
Document Type	8-K
Amendment Flag	false
Document Period End Date	Dec. 20, 2024
Entity File Number	001-39272
Entity Registrant Name	E2open Parent Holdings, Inc.
Entity Central Index Key	0001800347
Entity Tax Identification Number	86-1874570
Entity Incorporation, State or Country Code	DE
Entity Address, Address Line One	14135 Midway Road
Entity Address, Address Line Two	Suite G300
Entity Address, City or Town	Addison
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	75001
City Area Code	866
Local Phone Number	432-6736
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Entity Emerging Growth Company	false
Common Class A [Member]
Document Information [Line Items]
Title of 12(b) Security	Class A Common Stock, par value $0.0001 per share
Trading Symbol	ETWO
Security Exchange Name	NYSE
Warrant [Member]
Document Information [Line Items]
Title of 12(b) Security	Warrants to purchase one share of Class A Common Stock    at an exercise price of $11.50
Trading Symbol	ETWO-WT
Security Exchange Name	NYSE

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