Greenlane Holdings CEO Nick Kovacevich to step down; Craig Snyder named new CEO

Greenlane Holdings, Inc.

Nick Kovacevich transitions from CEO to Chief Corporate Development Officer effective Jan 1, 2023; remains on board.
Craig Snyder, current President, becomes CEO effective Jan 1, 2023.
Kovacevich's base salary reduces from $400K to $180K; receives $260K cash bonus for FY2022 and up to $100K annual bonus.
Board exploring composition changes, focusing on CPG and technology experience.
Transition aligns with shift to consumer brands business model; liquidity plan execution continues.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Craig Snyder

Chief Executive Officer

GNLN · Greenlane Holdings, Inc.

Effective: 2023-01-01
Filed: October 7, 2022, 7:59 PM ET

Craig Snyder, who joined the Company in March 2022 as Chief Commercial Officer and has served as the Company’s President since August 2022, will assume the position of Chief Executive Officer on the Transition Date

Role change

Nicholas Kovacevich

Chief Corporate Development Officer

GNLN · Greenlane Holdings, Inc.

Effective: 2023-01-01
Successor: Craig Snyder
Filed: October 7, 2022, 7:59 PM ET

the Company announced that Nicholas Kovacevich, the Company’s Chief Executive Officer, will step down as Chief Executive Officer on December 31, 2022 and transition into a new role within the Company as Chief Corporate Development Officer effective January 1, 2023

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Craig Snyder was appointed as Chief Executive Officer at Greenlane Holdings, Inc..

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

Craig Snyder, who joined the Company in March 2022 as Chief Commercial Officer and has served as the Company’s President since August 2022, will assume the position of Chief Executive Officer on the Transition Date

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Nicholas Kovacevich changed role as Chief Corporate Development Officer at Greenlane Holdings, Inc..

Action: transitioned
Role: Chief Corporate Development Officer

Exact text from the filing

the Company announced that Nicholas Kovacevich, the Company’s Chief Executive Officer, will step down as Chief Executive Officer on December 31, 2022 and transition into a new role within the Company as Chief Corporate Development Officer effective January 1, 2023

View on SEC.gov

Greenlane Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-22-107110

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