leadership
confidence high
sentiment neutral
materiality 0.60
Urgent.ly CFO Timothy Huffmyer resigns; Michael Port appointed CFO effective June 6
Urgent.ly Inc.
- Timothy Huffmyer resigns as CFO effective June 6, 2025; departure not due to disagreement with company.
- Michael Port, age 60, appointed CFO effective June 6; previously SVP of Finance at Urgent.ly since May 2025.
- Port's compensation: $300,000 base salary, 30% target bonus, $50,000 one-time bonus (Feb 2026 vest), 5,000 RSUs.
- Port previously VP of Finance and Controller at Lordstown Motors and CFO of Energy Focus.
- Port's promotion letter provides accelerated vesting of bonus and RSUs upon involuntary termination without cause.
item 5.02item 9.01