Bill Holdings chief legal officer to begin medical leave ahead of planned retirement

BILL Holdings, Inc. (NYSE:BILL), a $5.3 billion market cap company with impressive gross profit margins of 84%, announced that its Chief Legal Officer and Chief Compliance Officer, Raj Aji, will commence medical leave starting Monday, October 13. According to a statement from the company, Mr. Aji has informed BILL Holdings of his intention to retire following his medical leave. The specific date of his retirement has not been determined.

The announcement was disclosed in a regulatory filing with the Securities and Exchange Commission. BILL Holdings, based in San Jose, California, provides prepackaged software services.

This information is based on a press release statement included in the company’s SEC filing.

In other recent news, Bill.com Holdings Inc. has announced a strategic partnership with Oracle NetSuite to enhance payment processing for U.S. businesses. The collaboration aims to introduce improved payment automation capabilities, which are expected to streamline accounts payable processes and increase efficiency. Additionally, Truist Securities has upgraded Bill.com stock from Hold to Buy, citing a positive growth outlook and raising its price target to $63.00. Wolfe Research also upgraded Bill.com to Outperform, setting a $70.00 price target, highlighting conservative guidance and monetization strategies as key factors.

In the context of recent earnings, UBS has reiterated a Buy rating on Bill.com with a $65.00 price target, noting improved key performance indicators. These include a year-over-year acceleration in transaction payment volume per customer and an expanded take rate. Truist Securities maintained a Hold rating with a $50.00 target after Bill.com’s fourth-quarter earnings, which exceeded expectations. The company provided insights into potential growth deceleration in fiscal year 2026 during its earnings call. These developments reflect ongoing interest and varied perspectives from analysts regarding Bill.com’s financial performance and strategic initiatives.

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