MediaCo CFO Ann Beemish resigns; separation includes $170,238 payment and $25k/month consulting through Dec 2024

Mediaco Holding Inc.

CFO Ann Beemish resigned effective Sept 30, 2024; separation payment of $170,238 in equal monthly installments over six months.
Consulting agreement at $25,000 per month from Oct 1 to Dec 31, 2024 for as-needed transition services.
Separation benefits contingent on execution of release and completion of consulting agreement; standard confidentiality and release included.
No wrongdoing admitted; consulting agreement includes standard confidentiality and work product provisions.

item 5.02 item 9.01

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Departed

Ann Beemish

Chief Financial Officer

MDIA · Mediaco Holding Inc.

Filed: October 7, 2024, 7:59 PM ET

On October 1, 2024, the Company and Ms. Beemish entered into a Separation and General Release Agreement, dated October 1, 2024 (the “Separation Agreement”), pursuant to which Ms. Beemish will receive, upon execution of a customary release and the completion and termination of the Consulting Agreement (as discussed below), payment of $170,238, payable in equal monthly installments over a six-month period.

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Executive change SEC 8-K Item 5.02 confidence 0.85

Ann Beemish resigned as Chief Financial Officer at Mediaco Holding Inc..

Action: resigned
Role: Chief Financial Officer

Exact text from the filing

On October 1, 2024, the Company and Ms. Beemish entered into a Separation and General Release Agreement, dated October 1, 2024 (the “Separation Agreement”), pursuant to which Ms. Beemish will receive, upon execution of a customary release and the completion and termination of the Consulting Agreement (as discussed below), payment of $170,238, payable in equal monthly installments over a six-month period.

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Source: SEC EDGAR

accession 0000929638-24-003444

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