SmartRent appoints Daryl Stemm CFO; CFO Okamoto and director Best resign

SmartRent, Inc.

CFO Hiroshi Okamoto stepped down Nov 14; will consult through Dec 31, 2023; receives $100K severance plus continued equity vesting.
Daryl Stemm appointed CFO effective Nov 15; previously SVP Finance; base salary $325K, 60% target bonus, RSUs to be determined.
Director Robert Best resigns effective Jan 15, 2024, no disagreement; seat remains vacant.
Company reiterates Q4 2023 guidance: revenue $58M-$63M, adjusted EBITDA $0M-$2M.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Daryl Stemm

Chief Financial Officer

SMRT · SmartRent, Inc.

Effective: 2023-11-15
Filed: November 15, 2023, 6:59 PM ET

On November 15, 2023, the Company announced the appointment of Daryl Stemm as its Chief Financial Officer effective November 15, 2023.

Departed

Hiroshi Okamoto

Chief Financial Officer

SMRT · SmartRent, Inc.

Effective: 2023-11-14
Successor: Daryl Stemm
Filed: November 15, 2023, 6:59 PM ET

Hiroshi Okamoto has informed the Company that he will step down from his position as Chief Financial Officer, effective November 14, 2023

Departed

Robert Best

Director

SMRT · SmartRent, Inc.

Effective: 2024-01-15
Filed: November 15, 2023, 6:59 PM ET

On November 13, 2023, Robert Best provided a written notice to SmartRent, Inc. (the “ Company ”) of his intent to resign from his position on the Board of Directors (the “ Board ”), and as a member of the Compensation Committee of the Board, effective January 15, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Daryl Stemm was appointed as Chief Financial Officer at SmartRent, Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

On November 15, 2023, the Company announced the appointment of Daryl Stemm as its Chief Financial Officer effective November 15, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Hiroshi Okamoto departed as Chief Financial Officer at SmartRent, Inc..

Action: stepped down
Role: Chief Financial Officer

Exact text from the filing

Hiroshi Okamoto has informed the Company that he will step down from his position as Chief Financial Officer, effective November 14, 2023

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Robert Best resigned as Director at SmartRent, Inc..

Action: resigned
Role: Director

Exact text from the filing

On November 13, 2023, Robert Best provided a written notice to SmartRent, Inc. (the “ Company ”) of his intent to resign from his position on the Board of Directors (the “ Board ”), and as a member of the Compensation Committee of the Board, effective January 15, 2024.

View on SEC.gov

SmartRent, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-23-064167

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