CFO Andrew Blocher resigns; board member Lori Wittman named interim CFO

NETSTREIT Corp.

CFO Andrew Blocher resigned effective Nov 6, 2022; departure not based on accounting disagreements.
Blocher receives severance of $780K (base salary plus 2022 target bonus), accelerated vesting of 82,208 RSUs, 18 months COBRA.
Board member Lori Wittman appointed interim CFO starting Nov 7; will receive $75K/month plus $90K RSU award.
Wittman resigns from audit and nominating committees; Michael Christodolou appointed audit committee chair.
Company to conduct formal search for permanent CFO.

item 5.02 item 8.01 item 9.01

Executive movements

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

Departed

Andrew Blocher

Chief Financial Officer

NTST · NETSTREIT Corp.

Effective: 2022-11-06
Successor: Lori Wittman
Filed: November 7, 2022, 6:59 PM ET

Effective November 6, 2022 (the “Effective Date”), Andrew Blocher voluntarily resigned from his positions as Chief Financial Officer, Secretary and Treasurer of NETSTREIT Corp.

Appointed (interim)

Lori Wittman

Interim Chief Financial Officer

NTST · NETSTREIT Corp.

Effective: 2022-11-07
Filed: November 7, 2022, 6:59 PM ET

On November 6, 2022, Lori Wittman, age 63, a member of the Board of Directors (the “Board”) of the Company, was appointed Interim Chief Financial Officer of the Company, effective November 7, 2022, to serve while the Board conducts a formal search process to identify and appoint a permanent Chief Financial Officer.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Andrew Blocher resigned as Chief Financial Officer at NETSTREIT Corp..

Action: resigned
Role: Chief Financial Officer

Exact text from the filing

Effective November 6, 2022 (the “Effective Date”), Andrew Blocher voluntarily resigned from his positions as Chief Financial Officer, Secretary and Treasurer of NETSTREIT Corp.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Lori Wittman was appointed as Interim Chief Financial Officer at NETSTREIT Corp..

Action: appointed
Role: Interim Chief Financial Officer

Exact text from the filing

On November 6, 2022, Lori Wittman, age 63, a member of the Board of Directors (the “Board”) of the Company, was appointed Interim Chief Financial Officer of the Company, effective November 7, 2022, to serve while the Board conducts a formal search process to identify and appoint a permanent Chief Financial Officer.

View on SEC.gov

NETSTREIT Corp. filing history →

Source: SEC EDGAR

accession 0001104659-22-115193

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