---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-072208"
form_type: "8-K"
ticker: "LIVE"
cik: "0001045742"
company_name: "LIVE VENTURES Inc"
filed_at: "2023-06-16T23:59:59+00:00"
generated_at: "2026-06-13T22:15:37.992840+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Live Ventures sub Marquis enters amended employment pacts for two Co-CEOs

## Summary
- Weston Godfrey and Gary Graham named Co-CEOs of Marquis, effective June 1, 2023, through May 31, 2028.
- Each receives $425,000 annual base salary, plus quarterly bonus based on Pre-Tax Income growth.
- One-time $75,000 bonus each; change-of-control bonus of 2x base salary if terminated within 12 months.
- Transaction bonus of base salary if Marquis sold for ≥$100 million.
- Non-compete covenant for 2 years post-termination within 500-mile radius.

## SEC filing metadata
- accession: 0001104659-23-072208
- form_type: 8-K
- ticker: LIVE
- cik: 0001045742
- company_name: LIVE VENTURES Inc
- filed_at: 2023-06-16T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1045742/000110465923072208/0001104659-23-072208-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1045742/000110465923072208/tm2318916d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-072208
- JSON: https://secwatch.observer/filing/0001104659-23-072208.json
- Plain text: https://secwatch.observer/filing/0001104659-23-072208.txt

## Key facts
- Executive change
  Gary C. Graham, Jr. was appointed as Co-Chief Executive Officer at LIVE VENTURES Inc.
  - Action: appointed
  - Role: Co-Chief Executive Officer
  source text: each Executive Officer will serve as a Co-Chief Executive Officer, with Mr. Godfrey primarily responsible for manufacturing operations and administrative functions and Mr. Graham primarily responsible for sales, marketing, growth initiatives, product offering and mix.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1045742/000110465923072208/0001104659-23-072208-index.htm
- Executive change
  Weston A. Godfrey, Jr. was appointed as Co-Chief Executive Officer at LIVE VENTURES Inc.
  - Action: appointed
  - Role: Co-Chief Executive Officer
  source text: each Executive Officer will serve as a Co-Chief Executive Officer, with Mr. Godfrey primarily responsible for manufacturing operations and administrative functions and Mr. Graham primarily responsible for sales, marketing, growth initiatives, product offering and mix.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1045742/000110465923072208/0001104659-23-072208-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.