---
schema_version: "secwatch.filing_event.v1"
accession: "0001062993-23-000973"
form_type: "8-K"
ticker: "LSAK"
cik: "0001041514"
company_name: "LESAKA TECHNOLOGIES INC"
filed_at: "2023-01-17T23:59:59+00:00"
generated_at: "2026-06-20T14:28:13.619999+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Lesaka CAO Alex Smith to resign March 1, 2023; duties absorbed by finance team

## Summary
- Alex M.R. Smith resigns as Chief Accounting Officer effective March 1, 2023; no replacement named.
- Separation agreements include base salary through March 1, ex-gratia of six times monthly salary, and continued vesting of stock awards.
- Smith to assist in consolidating CAO role into existing finance team, strengthened by Connect Group acquisition.
- Company cites successful integration of Connect's finance team as enabling the restructuring.

## SEC filing metadata
- accession: 0001062993-23-000973
- form_type: 8-K
- ticker: LSAK
- cik: 0001041514
- company_name: LESAKA TECHNOLOGIES INC
- filed_at: 2023-01-17T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1041514/000106299323000973/0001062993-23-000973-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1041514/000106299323000973/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001062993-23-000973
- JSON: https://secwatch.observer/filing/0001062993-23-000973.json
- Plain text: https://secwatch.observer/filing/0001062993-23-000973.txt

## Key facts
- Executive change
  Alex M.R. Smith resigned as Chief Accounting Officer at LESAKA TECHNOLOGIES INC.
  - Action: resigned
  - Role: Chief Accounting Officer
  source text: On January 17, 2023, Lesaka Technologies, Inc. (the "Company") announced that Alex M.R. Smith will resign from his position as Chief Accounting Officer of the Company, effective as of March 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1041514/000106299323000973/0001062993-23-000973-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.