Domo Inc. appoints new chief operating officer

In a recent development at Domo, Inc. (NASDAQ:DOMO), the company has announced the appointment of Mark Maughan as its new chief operating officer, amid challenging market conditions. According to InvestingPro data, the company faces profitability headwinds, with two analysts recently revising their earnings expectations downward. The decision, effective immediately, was made on Monday with the approval of the board of directors.

Mark Maughan, 45, has a long-standing relationship with the company, having served in various capacities since joining in July 2015. His most recent role was as Senior Vice President, Customer Success, a position he held from February 2023 until his latest appointment. With a background that includes a B.A. in public relations from the University of Utah and previous experience as Vice President of Lien Resolution at Garretson Resolution Group, Inc., Maughan brings a wealth of experience to his new role at a critical time when the company’s stock has shown significant volatility.

Accompanying his promotion, Maughan’s annual base salary for 2025 has been set at $345,000, with additional cash bonuses to be determined at the discretion of the compensation committee of the Board. His existing confidentiality and invention assignment agreement will remain in effect, and he will also enter into a standard indemnification agreement with the company.

Domo, Inc. has clarified that there are no familial relationships between Maughan and any current director or executive officer of the company that would require disclosure. Moreover, aside from his employment, there are no transactions involving Maughan or his immediate family that necessitate disclosure under federal securities regulations.

The company, headquartered in American Fork, Utah, operates within the prepackaged software industry under the SIC code 7372. InvestingPro analysis reveals that Domo’s short-term obligations currently exceed its liquid assets, and the company has not been profitable over the last twelve months. The official announcement provides no further details on potential severance or change of control benefits for Maughan, indicating that such matters may be determined at a later time. For deeper insights into Domo’s financial health and comprehensive analysis, investors can access the detailed Pro Research Report, which covers over 1,400 US stocks with expert analysis and actionable intelligence.

This executive change comes as Domo continues to position itself in the technology sector, with the information for this report based on the company’s recent SEC filing.

In other recent news, Domo Inc . reported its fourth-quarter 2025 earnings, exceeding expectations with an earnings per share of -$0.05 against a forecast of -$0.17 and revenue of $78.8 million, surpassing the anticipated $78.06 million. Cantor Fitzgerald maintained an Overweight rating on Domo, citing the company’s strong finish to Fiscal Year 2025, with billings, revenue, operating income, and free cash flow all outperforming consensus expectations. Meanwhile, DA Davidson initiated coverage with a Neutral rating and reduced the price target to $8.00, highlighting concerns over a deceleration in revenue growth. JMP Securities reiterated a Market Outperform rating with a $16.00 price target, noting Domo’s robust subscription Remaining Performance Obligations (RPO), which saw a 38% increase, indicating strong customer commitment. The company also announced the election of Ryan Wright and David Jolley as new directors, with Jolley resigning from his employee position. Domo’s strategic focus on expanding its partner ecosystem has reportedly led to improved lead conversion rates and stronger customer relationships. These developments reflect Domo’s ongoing efforts to navigate a challenging software spending environment while focusing on strategic partnerships and consumption-based pricing models.

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