AppLovin 8-K

Leadership changeExecutive pay

Craig Billings becomes independent chair so Adam Foroughi can focus on strategic execution; Giovanni Ge is set to succeed Basil Shikin as CTO.

Filed 2026-04-07 16:35 ET

Summary

Executive and board leadership transitions. CTO Basil Shikin will become a Distinguished Engineer on 7/1/2026, when Chief Product and Engineering Officer Giovanni Ge is set to become CTO. Chief Administrative & Legal Officer Victoria Valenzuela will retire on 8/1/2026; Deputy General Counsel Corina Cacovean is set to become Chief Legal Officer, and Valenzuela is to be nominated for the 2026 annual meeting. Craig Billings became independent board chair on 4/2/2026; CEO Adam Foroughi remains CEO and a director, with the change allowing him to focus on strategic execution. Director Alyssa Harvey Dawson will serve through the annual meeting and not stand for re-election.

Key Figures

  • Valenzuela will consult through 5/31/2027 for $150,000 in cash compensation. If elected to the board, she will receive no non-employee director compensation while consulting.

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