SmartRent CEO Lucas Haldeman departs; CFO Daryl Stemm named interim principal executive officer

SmartRent, Inc.

CEO Lucas Haldeman departed and resigned from board effective July 29, 2024; search for new CEO initiated.
CFO Daryl Stemm appointed Interim Principal Executive Officer; six-member Management Committee formed.
Haldeman receives $1.17M cash (18 months base salary), COBRA coverage, and accelerated equity vesting.
Management Committee members get additional compensation equal to six months base salary (e.g., Stemm $162.5k, DeRose-Wilson $169k, Young $163.8k).

item 5.02

Executive movements

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Appointed (interim)

Daryl Stemm

Interim Principal Executive Officer

SMRT · SmartRent, Inc.

Effective: 2024-07-29
Filed: July 31, 2024, 7:59 PM ET

The Company has appointed Daryl Stemm, the Company’s Chief Financial Officer, as the Company’s Interim Principal Executive Officer, effective as of July 29, 2024.

Departed

Lucas Haldeman

Chief Executive Officer and Chairperson of the Board

SMRT · SmartRent, Inc.

Effective: 2024-07-29
Filed: July 31, 2024, 7:59 PM ET

On July 30, 2024, SmartRent, Inc. (the “Company”) announced the departure of Lucas Haldeman, the Company’s Chief Executive Officer (“CEO”) and Chairperson of the Company’s Board of Directors (the “Board”) effective July 29, 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 Interim Principal Executive Officer at SmartRent, Inc..

Action: appointed
Role: Interim Principal Executive Officer

Exact text from the filing

The Company has appointed Daryl Stemm, the Company’s Chief Financial Officer, as the Company’s Interim Principal Executive Officer, effective as of July 29, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Lucas Haldeman departed as Chief Executive Officer and Chairperson of the Board at SmartRent, Inc..

Action: departed
Role: Chief Executive Officer and Chairperson of the Board

Exact text from the filing

On July 30, 2024, SmartRent, Inc. (the “Company”) announced the departure of Lucas Haldeman, the Company’s Chief Executive Officer (“CEO”) and Chairperson of the Company’s Board of Directors (the “Board”) effective July 29, 2024.

View on SEC.gov

SmartRent, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-24-088082

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