8-K
filed November 2, 2023, 7:59 PM ET
ticker MSPR
CIK 0001802450
leadership
confidence high
sentiment neutral
materiality 0.60
MSP Recovery appoints Francisco Rivas-Vásquez as CFO; annual meeting re-elects directors
MSP Recovery, Inc.
- Francisco Rivas-Vásquez appointed CFO effective Nov 1, 2023; replaces interim CFO Ricardo Rivera who remains COO.
- Rivas-Vásquez was previously Managing Director at BDO LLP, and prior roles at KPMG and Ernst & Young.
- Compensation: $400k base salary, $25k signing bonus, eligible for up to 20% annual bonus.
- Stockholders re-elected Roger Meltzer and Beatriz Assapimonwait as Class I directors with overwhelming majority.
- Ratified appointment of Deloitte & Touche as independent auditor for 2023 fiscal year.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.9
Ricardo Rivera changed role as Interim Chief Financial Officer at MSP Recovery, Inc..
- Action
- will no longer serve as
- Role
- Interim Chief Financial Officer
Exact text from the filing
Mr. Ricardo Rivera will no longer serve as the Company’s interim CFO, although Mr. Rivera will continue to serve as the Company’s Chief Operating Officer.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Francisco Rivas-Vásquez was appointed as Chief Financial Officer at MSP Recovery, Inc..
- Action
- appointed
- Role
- Chief Financial Officer
Exact text from the filing
On November 1, 2023, MSP Recovery, Inc. d/b/a LifeWallet’s (the “Company” or “LifeWallet”) Board of Directors (the “Board”) appointed Francisco Rivas-Vásquez, C.P.A., as the Company’s Chief Financial Officer (“CFO”) and principal financial officer.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
MSP Recovery, Inc. shareholders approved Re-elect the two Class I directors of the Company as Class I directors, each for a term of three years or until their successors are duly elected and qualified or until their earlier resignation or removal at the 2023-11-01 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-11-01
Exact text from the filing
(i) To re-elect the two Class I directors of the Company as Class I directors, each for a term of three years or until their successors are duly elected and qualified or until their earlier resignation or removal: For Against Abstain Roger Meltzer 3,027,747,480 0 298,330 Beatriz Assapimonwait 3,027,862,909 0 182,901
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
MSP Recovery, Inc. shareholders approved To ratify the appointment of Deloitte & Touche LLP as the independent registered public accounting firm of the Company for the 2023 fiscal year at the 2023-11-01 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-11-01
Exact text from the filing
(ii) To ratify the appointment of Deloitte as the independent registered public accounting firm of the Company for the 2023 fiscal year: For Against Abstain 3,039,212,393 801,430 280,165
View on SEC.gov
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