Karat Packaging appoints Jian Guo as CFO effective Feb 1, 2022; Peter Lee to advise through March

Karat Packaging Inc.

Jian Guo appointed CFO; previously SVP & Corporate Controller at Resources Connection (RGP).
Interim CFO Peter Lee will remain as advisor through March 31, 2022 for transition.
CFO compensation: $350K base salary, 7,500 RSUs, 50,000 stock options, plus annual bonus.
Severance: if terminated without cause, 6 months base salary and immediate equity vesting.
No related party transactions between the company and Jian Guo.

item 5.02 item 9.01

Executive movements

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Appointed

Jian Guo

Chief Financial Officer

KRT · Karat Packaging Inc.

Effective: 2022-02-01
Filed: February 1, 2022, 6:59 PM ET

the Board of Directors of the Company (the “Board”) appointed Jian Guo to serve as the Company’s Chief Financial Officer (principal financial and accounting officer), effective February 1, 2022.

Role change

Peter Lee

Interim Chief Financial Officer

KRT · Karat Packaging Inc.

Effective: 2022-02-01
Successor: Jian Guo
Filed: February 1, 2022, 6:59 PM ET

Peter Lee's term as Interim Chief Financial Officer of the Company ended on February 1, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Jian Guo was appointed as Chief Financial Officer at Karat Packaging Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

the Board of Directors of the Company (the “Board”) appointed Jian Guo to serve as the Company’s Chief Financial Officer (principal financial and accounting officer), effective February 1, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Peter Lee changed role as Interim Chief Financial Officer at Karat Packaging Inc..

Action: term ended
Role: Interim Chief Financial Officer

Exact text from the filing

Peter Lee's term as Interim Chief Financial Officer of the Company ended on February 1, 2022.

View on SEC.gov

Karat Packaging Inc. filing history →

Source: SEC EDGAR

accession 0001104659-22-010189

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