Aware promotes David Traverse to CFO effective June 1, 2024; salary raised to $230,000

AWARE INC /MA/

David Traverse's title changed from Principal Financial Officer to CFO, effective June 1, 2024.
Annual base salary increased to $230,000; target bonus set at $92,000 (40% of base).
Company posted an updated investor presentation on its website on May 30, 2024.
No specific new financial or operational data disclosed in the presentation excerpt.

item 5.02 item 7.01 item 9.01

Executive movements

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Role change

David Traverse

Chief Financial Officer

AWRE · AWARE INC /MA/

Effective: 2024-06-01
Filed: June 3, 2024, 7:59 PM ET

Effective June 1, 2024, we changed David Traverse’s title from Principal Financial Officer to Chief Financial Officer and we increased his annual base salary to $230,000 with a variable annual target bonus of $92,000, which is equal to 40% of his annual base salary.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

David Traverse changed role as Chief Financial Officer at AWARE INC /MA/.

Action: changed
Role: Chief Financial Officer

Exact text from the filing

Effective June 1, 2024, we changed David Traverse’s title from Principal Financial Officer to Chief Financial Officer and we increased his annual base salary to $230,000 with a variable annual target bonus of $92,000, which is equal to 40% of his annual base salary.

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Source: SEC EDGAR

accession 0000950170-24-067993

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