Payoneer COO Arnon Kraft to depart June 30; transition period through March 2025

Payoneer Global Inc.

COO Arnon Kraft will step down on June 30, 2024.
He will remain employed by a Payoneer subsidiary through March 31, 2025 for transition.
Separation agreement includes salary continuation, 75% of 2024 target bonus, and continued equity vesting.
Restrictive covenants: non-compete for 6 months, non-solicitation for 12 months after departure.
No replacement for the COO role has been announced.

item 5.02

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Departed

Arnon Kraft

Chief Operating Officer

PAYO · Payoneer Global Inc.

Effective: 2024-06-30
Filed: May 29, 2024, 7:59 PM ET

On May 29, 2024, Payoneer Global Inc. (the “Company”) announced that Arnon Kraft is expected to depart as Chief Operating Officer of the Company, on June 30, 2024 (the “Transition Date”).

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Executive change SEC 8-K Item 5.02 confidence 0.95

Arnon Kraft departed as Chief Operating Officer at Payoneer Global Inc..

Action: depart
Role: Chief Operating Officer

Exact text from the filing

On May 29, 2024, Payoneer Global Inc. (the “Company”) announced that Arnon Kraft is expected to depart as Chief Operating Officer of the Company, on June 30, 2024 (the “Transition Date”).

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Source: SEC EDGAR

accession 0000950103-24-007205

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