Surf Air Mobility appoints Deanna White as Interim CEO and COO; Stan Little remains as advisor

SURF AIR MOBILITY INC.

Deanna White appointed Interim CEO and COO effective May 15, 2024, replacing Stan Little who stays as advisor through May 2026.
White's base salary set at $650,000; eligible for annual bonus with target 200% of base salary.
White granted option to purchase 876,059 shares; vesting hinges on stock price milestones of $3, $5, $7 per share.
Severance upon qualifying termination: 12 months base salary, COBRA premium payments, and full vesting of equity under change of control.
Stan Little resigns as CEO but continues as Director, Founder, and Special Advisor through May 2026.

item 5.02

Executive movements

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Role change

Stan Little

Chief Executive Officer

SRFM · SURF AIR MOBILITY INC.

Effective: 2024-05-15
Successor: Deanna White
Filed: May 20, 2024, 7:59 PM ET

Ms. White replaces Stan Little, who has served as the Company’s Chief Executive Officer since July 2023.

Appointed (interim)

Deanna White

Interim Chief Executive Officer and Chief Operating Officer

SRFM · SURF AIR MOBILITY INC.

Effective: 2024-05-15
Filed: May 20, 2024, 7:59 PM ET

On May 14, 2024, the Company announced that Deanna White accepted an offer to become the Company’s Interim Chief Executive Officer and Chief Operating Officer effective May 15, 2024 (the “Effective Date”).

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Stan Little resigned as Chief Executive Officer at SURF AIR MOBILITY INC..

Action: resigned
Role: Chief Executive Officer

Exact text from the filing

Ms. White replaces Stan Little, who has served as the Company’s Chief Executive Officer since July 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Deanna White was appointed as Interim Chief Executive Officer and Chief Operating Officer at SURF AIR MOBILITY INC..

Action: appointed
Role: Interim Chief Executive Officer and Chief Operating Officer

Exact text from the filing

On May 14, 2024, the Company announced that Deanna White accepted an offer to become the Company’s Interim Chief Executive Officer and Chief Operating Officer effective May 15, 2024 (the “Effective Date”).

View on SEC.gov

SURF AIR MOBILITY INC. filing history →

Source: SEC EDGAR

accession 0000950170-24-062450

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