nCino, Inc. (NCNO), Monday announced that Chief Executive Officer Pierre Naud will be succeeded by Sean Desmond, effective immediately. Naud will continue in the company as executive chair of the Board.
Desmond has been serving as chief product officer of nCino.
Concurrently, the software company affirmed its previously provided financial guidance for the fourth quarter and full year 2025.
In the pre-market hours, nCino's stock is trading at $31.30, down 7.96 percent on the New York Stock Exchange.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.