secwatch / observer
8-K filed February 14, 2024, 6:59 PM ET ticker PAR CIK 0000708821
leadership confidence high sentiment negative materiality 0.55

PAR Technology terminates CPTO Raju Malhotra in reorganization

PAR TECHNOLOGY CORP

Executive movements

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Departed

Raju Malhotra

Chief Product and Technology Officer
PAR · PAR TECHNOLOGY CORP
Effective
2024-02-09
Filed
February 14, 2024, 6:59 PM ET
On February 8, 2024, Raju Malhotra was notified of the termination of his employment with PAR Technology Corporation (the “Company”), effective February 9, 2024, as a result of the Company’s decision to reorganize its product and technology functions and eliminate his position of Chief Product and Technology Officer.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Raju Malhotra was terminated as Chief Product and Technology Officer at PAR TECHNOLOGY CORP.

Action
terminated
Role
Chief Product and Technology Officer
Exact text from the filing
On February 8, 2024, Raju Malhotra was notified of the termination of his employment with PAR Technology Corporation (the “Company”), effective February 9, 2024, as a result of the Company’s decision to reorganize its product and technology functions and eliminate his position of Chief Product and Technology Officer.
View on SEC.gov
Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

PAR TECHNOLOGY CORP: Amended and restated Bylaws to update provisions including virtual meeting adjournment, elimination of shareholder list examination, and proxy card color requirement for shareholder solicitors (effective 2024-02-08).

Change
bylaw amendment
Effective
2024-02-08
Exact text from the filing
On February 8, 2024, the Board of Directors (the “Board”) of the Company amended and restated the Bylaws of the Company to implement certain updates, as well as to make certain administrative, clarifying and conforming changes.
View on SEC.gov

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PAR TECHNOLOGY CORP filing history →

Source: SEC EDGAR
accession 0000708821-24-000006
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