Zoom Chief Legal Officer
Bawa was promoted to Chief Operating Officer in June in addition to her role as Chief Legal Officer. She played a key role in overseeing legal and business affairs as Zoom saw a wave of new users staying home during the pandemic. This unprecedented growth was supported by Zoom`s legal department, led by current General Counsel Jeff True and former GC Aparna Bawa. Securities filings show Cooley spent $1.5 million on legal fees and advisory fees with Zoom during a $751 million IPO in April 2019. Wilson Sonsini Goodrich & Rosati, the law firm where Bawa, a graduate of Harvard Law School, began her legal career in 2002, represented the underwriters on the list. In January, Zoom hired Andrew Binstock, a veteran national security lawyer, as a risk management policy advisor and Michael Yuan, a senior privacy advisor, who had worked in-house at Morningstar Inc. for more than a decade, most recently as chief privacy officer and deputy general counsel of the financial services firm. A Zoom spokeswoman said Bawa would be the company`s first chief operating officer and would no longer hold the title of general counsel in the future, though legal functions will remain within his area of responsibility. Aparna Bawa, Zoom`s general counsel, joined more than 200 students and faculty on April 17 for a virtual event hosted by Cleveland-Marshall College of Law. The rise in popularity has sparked security concerns about Zoom`s platform, which has been prosecuted and investigated by federal prosecutors and regulators. Bawa, who was not named executive director of Zoom in fiscal years 2019 and 2020, did not respond to a request for comment. Improving security measures while maintaining a simple user experience is one of Zoom`s top priorities as the company continues to evolve at breakneck speed, Bawa explained. Securities filings show that Bawa has sold more than $37.3 million worth of Zoom stock since January 2020.
in 2018, and Nimble Storage Inc., a flash storage company sold to Hewlett Packard Enterprise Inc. in 2017. Zoom announced in a securities filing on June 4 that its board of directors had approved the promotion of General Counsel Aparna Bawa to Chief Operating Officer on May 29. Bawa told Bloomberg Law in an email that she is looking forward to the new role, which is a new role within the San Jose, California-based company. As Zoom`s General Counsel, Bawa was at the forefront of one of the fastest business development operations in history in response to the coronavirus pandemic that began in Wuhan, China in December 2019. Zoom hired dozens of in-house lawyers last year. Zoom Video Communications has seen tremendous growth during the COVID-19 pandemic, growing from 10 million daily meeting participants in December 2019 to more than 300 million in April 2020. Be true to your principles,” Bawa said. “In these times when there is so much information coming to you from all angles.
Go back to your core values and principles. Bawa told Bloomberg Law in an email that she looks forward to working with the “great additions” to Zoom`s internal team. Zoom announced in its proxy that the majority of Bawa`s salary package for fiscal 2021 consists of more than $10.2 million in stock bonuses. She also received close to $50,000 in non-stock incentive compensation and a base salary of $356,250, an amount that will be $400,000 in the future due to her promotion to Chief Operating Officer. To view this content, please continue with their websites. Bawa is married to Rafik Bawa, who spent more than a decade internally at eBay Inc. before leaving in 2018 to become general vice counsel for products at Airbnb Inc. He left that position last summer and is now a “backyard winemaker, homeschooling lover and real estate investor,” according to his LinkedIn profile.
Bawa was the only Zoom executive to receive a base pay raise last fiscal year, the company said in its power of attorney, which also noted that she was one of two executives to receive the New Hire and Promotion Restricted Stock Unit Awards. In recognition of her promotion to chief operating officer, the compensation committee of Zoom`s board of directors has approved the allocation of a restricted stock unit to Bawa with a target value of $7 million, the company said.