---
title: "Sprinklr Announces Board Reductions Following Director Departures"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/284646531.md"
description: "Sprinklr announced that directors Yvette Kanouff and Neeraj Agrawal will not seek re-election at the 2026 Annual Meeting, leading to a board size reduction from nine to seven members. Their departures are not due to disagreements. To maintain governance effectiveness, current directors will join relevant committees. The latest analyst rating for Sprinklr (CXM) is a Hold with a $6.25 price target, reflecting improving fundamentals but conservative growth guidance. Sprinklr operates in enterprise software and customer experience management, with a market cap of $1.27B."
datetime: "2026-04-29T21:16:42.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284646531.md)
  - [en](https://longbridge.com/en/news/284646531.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284646531.md)
---

# Sprinklr Announces Board Reductions Following Director Departures

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An announcement from Sprinklr ( (CXM) ) is now available.

On April 23, 2026, Sprinklr directors Yvette Kanouff and Neeraj Agrawal informed the board they will not stand for re-election as Class II directors at the 2026 Annual Meeting of Stockholders, and will serve out their current terms on key governance committees. The company stated that their decisions were not due to any disagreements with management, the board, or its committees on operational, policy, or practice matters.

In response to these planned departures, the board approved a reduction in its size from nine to seven directors, effective upon their retirement at the 2026 Annual Meeting. To maintain committee effectiveness, current director Stephen M. Ward, Jr. will join the Audit Committee and director Kevin Haverty will join the Nominating and Corporate Governance Committee at the start of the meeting, signaling a continuity-focused adjustment in Sprinklr’s governance structure.

The most recent analyst rating on (CXM) stock is a Hold with a $6.25 price target. To see the full list of analyst forecasts on Sprinklr stock, see the CXM Stock Forecast page.

**Spark’s Take on CXM Stock**

According to Spark, TipRanks’ AI Analyst, CXM is a Neutral.

The score is driven primarily by improving fundamentals (profitability and strong free cash flow) and a solid balance sheet, partially offset by conservative FY’27 growth guidance and margin/churn headwinds discussed on the earnings call. Technicals remain weak-to-neutral with the stock still below longer-term moving averages, and the high P/E with no dividend yield limits valuation support.

To see Spark’s full report on CXM stock, click here.

**More about Sprinklr**

Sprinklr, Inc. operates in the enterprise software and customer experience management industry, providing platforms and tools that help large organizations manage customer interactions, social media, and related digital engagement. The company’s governance model features a multi-class board structure with specialized committees overseeing audit, nominating, and corporate governance responsibilities.

**Average Trading Volume:** 3,829,234

**Technical Sentiment Signal:** Sell

**Current Market Cap:** $1.27B

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