CrowdStrike CEO Cuts His Voting Power by 92% With Unexplained Gifts
CrowdStrike Holdings Inc. Chief Executive Officer George Kurtz disclosed last month that he’d gifted over $1 billion worth of his company’s stock to undisclosed recipients, sharply reducing his influence over the company in an unusual move for a tech founder.
The disposition is the latest in a series of transactions that have slashed his voting power in CrowdStrike to 2.5% from 31% in 2022, according to the company’s latest proxy statement.