Zapata Computing Announces CFO Transition and New Appointment

Zapata Computing Holdings (ZPTA) has shared an update.

Zapata Computing Holdings Inc. has appointed Sumit Kumar as their new Chief Financial Officer, set to take office on May 20, 2024, following a transitional period starting May 13. With a rich background in finance, including roles at 3Degrees Inc. and Morgan Stanley, Kumar brings a wealth of experience to the role. His compensation includes a $350,000 base salary, an annual bonus potential, and a substantial stock option package. Mimi Flanagan, the outgoing CFO, is resigning without any dispute and will assist with the transition through a consulting agreement.

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