Getaround CEO Eduardo Iniguez resigns; COO AJ Lee named interim CEO

Getaround, Inc

CEO Eduardo Iniguez resigned effective Oct 15, 2024 for personal reasons; also left Board.
COO AJ Lee appointed Interim CEO; Lee joined May 2023 as VP, Gig Marketplace, became COO March 2024.
Lee's interim CEO compensation not yet determined; amendment to be filed within 4 business days.
Lee's COO salary $450K, target bonus $225K; holds stock option for 1.39M shares at $0.25 or grant-date close.

item 5.02

Executive movements

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Departed

Eduardo Iniguez

Chief Executive Officer

Getaround, Inc

Effective: 2024-10-15
Successor: Albert Joon Lee
Filed: October 16, 2024, 7:59 PM ET

On October 15, 2024, Eduardo Iniguez, the Chief Executive Officer of Getaround, Inc. (the “Company”), resigned from his position as Chief Executive Officer and as a member of the Company’s Board of Directors (the “Board”), effective as of such date.

Appointed (interim)

Albert Joon Lee

Interim Chief Executive Officer

Getaround, Inc

Effective: 2024-10-15
Filed: October 16, 2024, 7:59 PM ET

On October 15, 2024, the Board appointed Albert Joon (“AJ”) Lee, the Company’s current Chief Operating Officer, as the Company’s Interim Chief Executive Officer, effective as of such date.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Eduardo Iniguez resigned as Chief Executive Officer at Getaround, Inc.

Action: resigned
Role: Chief Executive Officer

Exact text from the filing

On October 15, 2024, Eduardo Iniguez, the Chief Executive Officer of Getaround, Inc. (the “Company”), resigned from his position as Chief Executive Officer and as a member of the Company’s Board of Directors (the “Board”), effective as of such date.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Albert Joon Lee was appointed as Interim Chief Executive Officer at Getaround, Inc.

Action: appointed
Role: Interim Chief Executive Officer

Exact text from the filing

On October 15, 2024, the Board appointed Albert Joon (“AJ”) Lee, the Company’s current Chief Operating Officer, as the Company’s Interim Chief Executive Officer, effective as of such date.

View on SEC.gov

Source: SEC EDGAR

accession 0000950170-24-115037

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