8-K
filed September 5, 2024, 7:59 PM ET
ticker LSAK
CIK 0001041514
leadership
confidence high
sentiment neutral
materiality 0.55
Lesaka appoints Dan Smith as CFO, Naeem Kola as COO, board changes effective Oct 2024
LESAKA TECHNOLOGIES INC
- Dan Smith, a Value Capital Partners Investment Director, appointed GCFO and board member effective Oct 1, 2024.
- Naeem Kola transitions from CFO to Group COO on Oct 1, 2024; will oversee operational functions.
- Chris Meyer resigns from board effective Oct 1, 2024; Monde Nkosi to resign upon Adumo transaction close.
- Dean Sparrow, Crossfin CEO, appointed independent non-executive director effective on Adumo acquisition completion.
- Smith receives ZAR 6M base salary, 20-120% bonus, and 100,000 RSUs vesting over 3 years from Oct 1, 2024.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Naeem E. Kola was appointed as Group Chief Operating Officer at LESAKA TECHNOLOGIES INC.
- Action
- appointed
- Role
- Group Chief Operating Officer
Exact text from the filing
On September 3, 2024, the Board approved that, on October 1, 2024 ("Effective Date"), Mr. Naeem E. Kola will be appointed to serve as Group Chief Operating Officer ("GCOO") of the Company.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Dean Sparrow was appointed as Independent Non-Executive Director at LESAKA TECHNOLOGIES INC.
- Action
- appointed
- Role
- Independent Non-Executive Director
Exact text from the filing
On September 3, 2024, the Board, approved the appointment of Mr. Dean Sparrow, age 49, to the Board as an independent, non-executive director, effective upon completion of the Adumo acquisition,
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Chris Meyer resigned as Director at LESAKA TECHNOLOGIES INC.
- Action
- resigned
- Role
- Director
Exact text from the filing
On September 3, 2024, Mr. Chris Meyer advised Lesaka Technologies, Inc.'s (the "Company") board of directors ("Board") of his intention to resign, effective October 1, 2024, from the Board and all Board committees on which he serves.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Dan L. Smith was appointed as Group Chief Financial Officer, Treasurer and Secretary at LESAKA TECHNOLOGIES INC.
- Action
- appointed
- Role
- Group Chief Financial Officer, Treasurer and Secretary
Exact text from the filing
On September 3, 2024, the Board approved the appointment of Dan L. Smith, age 52, as GCFO, Treasurer and Secretary of the Company, effective on the Effective Date.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Monde Nkosi resigned as Director at LESAKA TECHNOLOGIES INC.
- Action
- resigned
- Role
- Director
Exact text from the filing
On September 5, 2024, Mr. Monde Nkosi advised the Board of his intention to resign, effective upon completion of the Adumo transaction, from the Board and all Board committees on which he serves.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Dan L. Smith was appointed as Director at LESAKA TECHNOLOGIES INC.
- Action
- appointed
- Role
- Director
Exact text from the filing
On September 3, 2024, the Board also appointed Mr. Smith as a director of the Company, also effective from the Effective Date
View on SEC.gov
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