Summary by Moomoo AI
On April 3, 2024, GitLab Inc. announced that board member Mark Porter will resign from his position on the Board and from the Board's Audit Committee, effective April 12, 2024. The company clarified that Porter's departure is not due to any disagreements with GitLab's operations, policies, or practices. Following Porter's departure, the Board will be reduced from eight to seven members. Godfrey Sullivan, who is currently serving as the Lead Independent Director on GitLab's Board, will take over the vacant position on the Audit Committee. This transition and board restructure were reported in a Form 8-K filing with the United States Securities and Exchange Commission.