leadership
confidence high
sentiment neutral
materiality 0.50
Katapult CAO resigns; names interim CAO; grants $400K retention award to president
Katapult Holdings, Inc.
- CAO Kaitlin Folan resigns effective Jan 19, 2026; departure not due to any disagreement with company.
- Art Goss, VP Internal Audit, named interim CAO; will receive $5K/month stipend for six months.
- Board approves $400K retention award to President & Chief Growth Officer Derek Medlin tied to pending merger.
- Award payable in three installments: $80K on Jan 9, $160K at merger close, $160K six months later.