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Okta’s Longtime Legal Chief Retiring After Layoffs, Lawsuit
Okta Inc., an authentication software package firm coping with layoffs and a shareholder lawsuit, is parting methods with basic counsel Jonathan Runyan. Runyan will retire as of Friday but continue on to provide as an adviser to Okta via Sept. 15, the organization reported in a securities filing. Larissa Schwartz, a deputy typical counsel at the firm, will replace Runyan as major lawyer and company secretary. Okta introduced past month that it would lay off 300 personnel—about 5{c024931d10daf6b71b41321fa9ba9cd89123fb34a4039ac9f079a256e3c1e6e8} of its 6,000-powerful workforce—after viewing its stock rate plunge in excess of the past yr. Okta, which this week noticed its share price rebound amid potent earnings, said it would incur $15…

