HubSpot, Inc. announced a significant leadership transition on November 12, 2026. Yamini Rangan has stepped down as President and Chief Executive Officer and resigned from the Board of Directors, effective immediately. Ms. Rangan will remain an employee until December 1, 2026, to ensure a smooth transition. In her place, the Board has appointed co-founder Brian Halligan as President and CEO, also effective November 12, 2026. Mr. Halligan previously served as CEO from 2005 until September 2021 and has served on the Board since the company's founding in 2005. The Board also reduced its authorized size from eleven to ten directors.
Separately, the company announced the retirement of Chief Financial Officer Kate Bueker, effective February 11, 2027. Ms. Bueker’s departure is not the result of a disagreement with the company. She will transition into an advisory role through December 31, 2027. Karen Burgess has been appointed to succeed Ms. Bueker as CFO, effective February 11, 2027. Ms. Burgess will begin employment on November 30, 2026, as Executive Vice President, Finance (CFO Designate). She joins HubSpot from Adobe, where she most recently served as Senior Vice President and Chief Financial Officer of the Creativity & Productivity business unit.
Regarding compensation, Ms. Burgess will receive an annual base salary of $535,000 and a one-time cash signing bonus of $500,000. She is also eligible for a target bonus of 75% of her base salary under the company’s bonus plan. Additionally, she has been granted equity awards: an initial RSU award valued at $2,500,000 vesting over two years, and a second RSU award valued at $8,500,000 vesting over three years. The company reaffirmed its financial guidance for the fourth quarter and full year 2026 during the announcement.
