Spire Global appoints Leo Basola as CFO effective Sep 5; reverse stock split 1-for-8 approved

Spire Global, Inc.

Leo Basola named CFO, effective Sep 5, 2023; succeeds Thomas Krywe who stays as consultant through Nov 30.
Basola previously SVP International Finance at Equifax; base salary $390k + 80% target bonus + 750k RSU grant.
Board approved 1-for-8 reverse stock split, effective Aug 31, 2023; fractional shares cashed out or canceled.
Outgoing CFO Krywe will receive prorated 100% target bonus for 2023, plus $4,320/month consulting fee.
Spire expects to be free cash flow positive in Q2 or Q3 2024; Basola to lead financial oversight for growth.

item 5.02 item 7.01 item 8.01 item 9.01

Executive movements

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Appointed

Leonardo Basola

Chief Financial Officer

SPIR · Spire Global, Inc.

Effective: 2023-09-05
Filed: August 16, 2023, 7:59 PM ET

appointed Leonardo Basola as the Company’s Chief Financial Officer, effective September 5, 2023

Departed

Thomas Krywe

Chief Financial Officer

SPIR · Spire Global, Inc.

Effective: 2023-09-05
Successor: Leonardo Basola
Filed: August 16, 2023, 7:59 PM ET

who is resigning as Chief Financial Officer as previously disclosed

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Leonardo Basola was appointed as Chief Financial Officer at Spire Global, Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

appointed Leonardo Basola as the Company’s Chief Financial Officer, effective September 5, 2023

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Thomas Krywe departed as Chief Financial Officer at Spire Global, Inc..

Action: resigning
Role: Chief Financial Officer

Exact text from the filing

who is resigning as Chief Financial Officer as previously disclosed

View on SEC.gov

Spire Global, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-23-043015

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