EVO Transportation appoints James Faught as CFO with $275K salary, equity grants

EVO Transportation & Energy Services, Inc.

Base salary $275,000/year; sign-on bonus $25,000 paid in three installments through Aug 2024.
Granted 1,426,494 RSUs and options for 1,188,744 shares at $0.42 strike; vest over three years.
Severance: two months' base salary if terminated without cause or for good reason during initial two-year term.
Non-compete and non-solicitation covenants for six months post-termination.
Employment term automatically renews for one-year periods unless 90-day notice given.

item 5.02 item 9.01

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Appointed

James Faught

Chief Financial Officer

EVO Transportation & Energy Services, Inc.

Filed: September 8, 2023, 7:59 PM ET

the Company appointed James Faught as Chief Financial Officer.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

James Faught was appointed as Chief Financial Officer at EVO Transportation & Energy Services, Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

the Company appointed James Faught as Chief Financial Officer.

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Source: SEC EDGAR

accession 0000950170-23-047252

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