Sphere 3D appoints Kurt Kalbfleisch as permanent CEO, effective immediately

Sphere 3D Corp.

Kalbfleisch had served as Interim CEO since January 2025; will continue as CFO.
Annual base salary of $400,000; eligible for discretionary bonus up to 110% of base.
Severance without cause/good reason: 18 months base salary plus 75% target bonus, immediate vesting of equity.
Board cites Kalbfleisch's operational discipline and strategic growth focus.

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