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FiscalNote Announces Can Babaoglu as Chief Product Officer to Accelerate AI-Powered Product Innovation, Customer Engagement, and Product-Led Growth

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FiscalNote (NYSE: NOTE), an AI-driven enterprise SaaS provider, has appointed Can Babaoglu as Chief Product Officer. Babaoglu, with nearly 20 years of experience in product development and management, will lead the company's product strategy and innovation. He previously served as VP of Product at Casetext, where he led the development of CoCounsel, an AI legal assistant. At FiscalNote, Babaoglu will focus on leveraging AI and data science to create more valuable solutions for global customers in policy, regulatory, legal, and risk management sectors.

The appointment aims to accelerate FiscalNote's product-led growth, improve customer engagement, and drive revenue. As part of his compensation, Babaoglu will receive equity awards including restricted stock units and options, granted under FiscalNote's 2024 Inducement Equity Incentive Plan.

FiscalNote (NYSE: NOTE), un fornitore di SaaS aziendale guidato dall'AI, ha nominato Can Babaoglu come Chief Product Officer. Babaoglu, con quasi 20 anni di esperienza nello sviluppo e nella gestione dei prodotti, guiderà la strategia e l'innovazione dei prodotti dell'azienda. In precedenza ha ricoperto il ruolo di VP di Prodotto presso Casetext, dove ha guidato lo sviluppo di CoCounsel, un assistente legale basato su AI. Presso FiscalNote, Babaoglu si concentrerà su l'utilizzo dell'AI e della scienza dei dati per creare soluzioni più innovative e preziose per i clienti globali nei settori della politica, della regolamentazione, legale e della gestione del rischio.

La nomina mira ad accelerare la crescita guidata dal prodotto di FiscalNote, migliorare l'engagement dei clienti e aumentare i ricavi. Come parte della sua retribuzione, Babaoglu riceverà premi azionari, comprese le unità di azioni vincolate e le opzioni, concesse nell'ambito del Piano di Incentivazione Azionaria 2024 di FiscalNote.

FiscalNote (NYSE: NOTE), un proveedor de SaaS empresarial impulsado por IA, ha nombrado a Can Babaoglu como Chief Product Officer. Babaoglu, con casi 20 años de experiencia en desarrollo y gestión de productos, liderará la estrategia e innovación de productos de la empresa. Anteriormente se desempeñó como VP de Producto en Casetext, donde lideró el desarrollo de CoCounsel, un asistente legal de IA. En FiscalNote, Babaoglu se centrará en aprovechar la IA y la ciencia de datos para crear soluciones más valiosas para los clientes globales en los sectores de políticas, regulación, legal y gestión de riesgos.

La designación tiene como objetivo acelerar el crecimiento impulsado por productos de FiscalNote, mejorar el compromiso del cliente y aumentar los ingresos. Como parte de su compensación, Babaoglu recibirá premios de equidad que incluyen unidades de acciones restringidas y opciones, otorgados bajo el Plan de Incentivos de Equidad por Inducción 2024 de FiscalNote.

FiscalNote (NYSE: NOTE), AI 기반의 엔터프라이즈 SaaS 제공업체가 Can Babaoglu를 최고 제품 책임자로 임명했습니다. Babaoglu는 제품 개발 및 관리 분야에서 거의 20년의 경력을 보유하고 있으며, 회사의 제품 전략과 혁신을 이끌게 됩니다. 그는 이전에 Casetext의 제품 부사장으로 근무하며 AI 법률 보조인인 CoCounsel 개발을 주도했습니다. FiscalNote에서 Babaoglu는 AI와 데이터 과학을 활용하여 정책, 규제, 법률 및 위험 관리 분야에서 글로벌 고객을 위한 더 가치 있는 솔루션을 만드는 데 초점을 맞출 것입니다.

이번 임명은 FiscalNote의 제품 주도 성장 가속화, 고객 참여 개선, 수익 증대를 목표로 하고 있습니다. 그의 보상 패키지의 일환으로 Babaoglu는 제한 주식 단위와 옵션을 포함한 주식 보상을 수령하게 되며, 이는 FiscalNote 2024 유도 주식 인센티브 계획에 따라 부여됩니다.

FiscalNote (NYSE: NOTE), un fournisseur de SaaS d'entreprise axé sur l'IA, a nommé Can Babaoglu en tant que Directeur Produit. Babaoglu, ayant près de 20 ans d'expérience en développement et gestion de produits, dirigera la stratégie produit et l'innovation de l'entreprise. Auparavant, il était VP Produit chez Casetext, où il a dirigé le développement de CoCounsel, un assistant juridique alimenté par l'IA. Chez FiscalNote, Babaoglu se concentrera sur l'utilisation de l'IA et des sciences des données pour créer des solutions plus précieuses pour les clients mondiaux dans les secteurs des politiques, de la réglementation, du droit et de la gestion des risques.

Cette nomination vise à accélérer la croissance axée sur le produit de FiscalNote, à améliorer l'engagement client et à augmenter les revenus. Dans le cadre de sa rémunération, Babaoglu recevra des attributions d'actions, y compris des unités d'actions restreintes et des options, accordées dans le cadre du Plan d'Incitation à l'Equité 2024 de FiscalNote.

FiscalNote (NYSE: NOTE), ein KI-gesteuertes Unternehmens-SaaS-Unternehmen, hat Can Babaoglu zum Chief Product Officer ernannt. Babaoglu, der über fast 20 Jahre Erfahrung in der Produktentwicklung und -leitung verfügt, wird die Produktstrategie und Innovation des Unternehmens leiten. Zuvor war er VP of Product bei Casetext, wo er die Entwicklung von CoCounsel, einem KI-gestützten Rechtsassistenten, leitete. Bei FiscalNote wird Babaoglu sich darauf konzentrieren, KI und Datenwissenschaft zu nutzen, um wertvollere Lösungen für globale Kunden in den Bereichen Politik, Regulierung, Recht und Risikomanagement zu schaffen.

Die Ernennung zielt darauf ab, das produktgesteuerte Wachstum von FiscalNote zu beschleunigen, die Kundenbindung zu verbessern und die Einnahmen zu steigern. Als Teil seiner Vergütung erhält Babaoglu Aktienvergütungen, darunter eingeschränkte Aktieneinheiten und Optionen, die im Rahmen des Equity Incentive Plans 2024 von FiscalNote gewährt werden.

Positive
  • Appointment of experienced Chief Product Officer to drive innovation and growth
  • Focus on AI-powered product development to enhance customer value
  • Potential for improved customer engagement and retention rates
  • Alignment with company's strategy to leverage AI and data science capabilities
Negative
  • None.

WASHINGTON--(BUSINESS WIRE)-- FiscalNote Holdings, Inc. (NYSE: NOTE) ("FiscalNote"), a leading AI-driven enterprise SaaS technology provider of policy and global intelligence, today announced the appointment of Can Babaoglu as Chief Product Officer, effective immediately. Babaoglu will report directly to Josh Resnik, FiscalNote’s President & Chief Operating Officer.

Babaoglu brings almost two decades of product development, product management, and product-led growth experience to his new role as a member of FiscalNote’s senior leadership team. He will lead the conceptualization, development, and growth of dynamic software-as-a-service (“SaaS”) products and AI copilots for the Company's global customers who depend on FiscalNote as an essential partner to deliver results in policy, regulatory, legal, and strategic and operational risk.

Immediately prior to his role at FiscalNote, Babaoglu was Vice President for Product at Casetext, which was acquired by Thomson Reuters for $650 million in 2023 (Babaoglu continued in his position post-acquisition). In that role, he spearheaded the development of CoCounsel, the world's first AI legal assistant. During his six years at Casetext, Babaoglu held progressively senior roles and helped design, build, and expand products in the areas of legal tech, SaaS, and AI while driving annual recurring revenue growth (ARR), doubling Net Promoter Scores (NPS), and tripling trial-to-subscription conversion rates for its products. An entrepreneur by nature, his other positions include Cofounder of Smartup Network, Cofounder & CEO of Sprongo.com, and CEO of Zampus.com.

In his new role at FiscalNote, Babaoglu will lead the Company’s overall product roadmap, strategy, and vision to drive profitable growth by meeting the needs of global customers and evolving market demands. He will leverage FiscalNote’s market-leading position in AI and its strengths in data science – as showcased in the Company’s recent AI Product Day – to create more valuable and engaging solutions, including optimizing existing products and launching new ones.

“At FiscalNote, we are committed to creating the most engaging and valuable experiences for our customers, and bringing in a world class Chief Product Officer to lead those efforts has been a top priority,” said Resnik. “Can’s experience, leadership, and proven track record of innovations and accomplishments are a perfect fit for our organization, and will fuel the acceleration of our product roadmap to drive higher engagement and retention rates to grow revenue and improve operating leverage. We are thrilled to have Can lead us into the next frontier of product innovation, development, and excellence.”

“FiscalNote has accumulated an AI-focused product leader's dream set of assets – a large customer base, highly valuable and costly to replicate datasets, technology that is very difficult to emulate, and a team of exceptional people who have put it all together,” said Babaoglu. “I am very excited to work with my new colleagues to ensure FiscalNote continues to bring clarity to an uncertain and complex world by empowering customers with market-leading, innovative AI products.”

As part of his appointment, FiscalNote’s Board of Directors has approved the grant of the following equity awards to Babaoglu:

  • 25,000 restricted stock units vested immediately;
  • 275,000 restricted stock units vesting over three years (with one-third vesting on the first anniversary of the grant date and the remaining two-thirds vesting in equal increments each quarter over the next two years); and
  • 200,000 options vesting over four years (25% on the first anniversary of the grant date and the remaining 75% vesting in equal increments each quarter over the next three years).

The awards will be made under FiscalNote Holdings, Inc.’s 2024 Inducement Equity Incentive Plan (the “Plan”), which provides for equity awards to new employees of FiscalNote, effective upon the registration of the Plan on Form S-8 with the Securities and Exchange Commission. The awards will be granted as a material inducement to Babaoglu joining FiscalNote, in accordance with the exemption from the shareholder voting requirements of NYSE Listing Rule 303A.08.

About FiscalNote

FiscalNote (NYSE: NOTE) is a leader in policy and global intelligence. By uniquely combining data, technology, and insights, FiscalNote empowers customers to manage political and business risk. Since 2013, FiscalNote has pioneered technology that delivers critical insights and the tools to turn them into action. Home to CQ, Dragonfly, Oxford Analytica, VoterVoice, and many other industry-leading brands, FiscalNote serves thousands of customers worldwide with global offices in North America, Europe, Asia, and Australia. To learn more about FiscalNote and its family of brands, visit FiscalNote.com and follow @FiscalNote.

Source: FiscalNote

Nicholas Graham

FiscalNote

press@fiscalnote.com



Investor Relations

Bob Burrows

FiscalNote

IR@fiscalnote.com

Source: FiscalNote Inc.

FAQ

Who is FiscalNote's new Chief Product Officer and when was he appointed?

Can Babaoglu was appointed as FiscalNote's (NYSE: NOTE) new Chief Product Officer, effective immediately as of the press release date.

What is Can Babaoglu's background and previous experience?

Can Babaoglu has almost 20 years of product development and management experience. He previously served as Vice President for Product at Casetext, where he led the development of CoCounsel, an AI legal assistant.

What will be Can Babaoglu's main responsibilities at FiscalNote (NOTE)?

Babaoglu will lead FiscalNote's overall product roadmap, strategy, and vision, focusing on leveraging AI and data science to create valuable solutions for global customers in policy, regulatory, legal, and risk management sectors.

What equity awards will Can Babaoglu receive as part of his appointment at FiscalNote (NOTE)?

Babaoglu will receive 25,000 immediately vested restricted stock units, 275,000 restricted stock units vesting over three years, and 200,000 options vesting over four years, granted under FiscalNote's 2024 Inducement Equity Incentive Plan.

FiscalNote Holdings, Inc.

NYSE:NOTE

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