Galaxy Gaming appoints Matt Reback as CEO; Todd Cravens exits with severance

Galaxy Gaming, Inc.

Todd Cravens' employment terminated Nov 10, 2023; receives $325,000 salary continuation over 26 biweekly payments.
Matt Reback appointed President and CEO effective Nov 13, 2023.
Severance includes COBRA coverage for up to 12 months and $115,000 transition services payment.
Cravens' vested option exercise period extended to May 31, 2024.
Cravens subject to 12-month non-compete and non-solicitation covenants.

item 5.02 item 9.01

Executive movements

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Departed

Todd Cravens

President and Chief Executive Officer

GLXZ · Galaxy Gaming, Inc.

Effective: 2023-11-10
Successor: Matt Reback
Filed: November 20, 2023, 6:59 PM ET

Effective November 10, 2023, Mr. Cravens’ employment with the Company ended.

Appointed

Matt Reback

President and Chief Executive Officer

GLXZ · Galaxy Gaming, Inc.

Effective: 2023-11-13
Filed: November 20, 2023, 6:59 PM ET

On November 6, 2023, the Company announced the appointment of Mr. Matt Reback as President and Chief Executive Officer, effective November 13, 2023

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Todd Cravens departed as President and Chief Executive Officer at Galaxy Gaming, Inc..

Action: employment ended
Role: President and Chief Executive Officer

Exact text from the filing

Effective November 10, 2023, Mr. Cravens’ employment with the Company ended.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Matt Reback was appointed as President and Chief Executive Officer at Galaxy Gaming, Inc..

Action: appointed
Role: President and Chief Executive Officer

Exact text from the filing

On November 6, 2023, the Company announced the appointment of Mr. Matt Reback as President and Chief Executive Officer, effective November 13, 2023

View on SEC.gov

Galaxy Gaming, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-23-065098

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