AEye names Matt Fisch as CEO effective Feb 13, 2023; Blair LaCorte resigns

AEye, Inc.

Matthew Fisch appointed CEO and board member effective Feb 13, 2023.
Fisch receives $500k base salary, $500k sign-on bonus, and 7M RSUs (5M service-based, 2M performance-based).
Performance-based RSUs vest if LIDR stock closes at $1.20+ for 10 consecutive days before March 1, 2024.
Outgoing CEO Blair LaCorte resigns effective Feb 13, stays as Senior Advisor through Mar 1, then joins Advisory Board.
LaCorte receives $50k payment, COBRA through Dec 2023, and acceleration of ~276k RSUs.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Matthew Fisch

Director

LIDR · AEye, Inc.

Effective: 2023-02-13
Filed: February 1, 2023, 6:59 PM ET

Matthew Fisch, age 54, has been appointed as the Company’s Chief Executive Officer (the “CEO”) and a member of the Company’s Board of Directors (the “Board”), effective as of February 13, 2023.

Appointed

Matthew Fisch

Chief Executive Officer

LIDR · AEye, Inc.

Effective: 2023-02-13
Filed: February 1, 2023, 6:59 PM ET

Matthew Fisch, age 54, has been appointed as the Company’s Chief Executive Officer (the “CEO”) and a member of the Company’s Board of Directors (the “Board”), effective as of February 13, 2023.

Departed

Blair LaCorte

Chief Executive Officer

LIDR · AEye, Inc.

Successor: Matthew Fisch
Filed: February 1, 2023, 6:59 PM ET

Blair LaCorte, the Company’s current CEO, provided written notice to the Board

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Matthew Fisch was appointed as Director at AEye, Inc..

Action: appointed
Role: Director

Exact text from the filing

Matthew Fisch, age 54, has been appointed as the Company’s Chief Executive Officer (the “CEO”) and a member of the Company’s Board of Directors (the “Board”), effective as of February 13, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Matthew Fisch was appointed as Chief Executive Officer at AEye, Inc..

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

Matthew Fisch, age 54, has been appointed as the Company’s Chief Executive Officer (the “CEO”) and a member of the Company’s Board of Directors (the “Board”), effective as of February 13, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Blair LaCorte resigned as Chief Executive Officer at AEye, Inc..

Action: resigned
Role: Chief Executive Officer

Exact text from the filing

Blair LaCorte, the Company’s current CEO, provided written notice to the Board

View on SEC.gov

AEye, Inc. filing history →

Source: SEC EDGAR

accession 0000947871-23-000112

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