8-K filed August 2, 2023, 7:59 PM ET CIK 0001822145

leadership confidence high sentiment neutral materiality 0.60

Presto Automation appoints Xavier Casanova as CEO; Krishna Gupta returns to Chairman

Presto Automation Inc.

Krishna Gupta resigned as interim CEO effective July 30, 2023; remains Chairman of the Board.
Xavier Casanova appointed CEO effective August 1, 2023; previously COO and CPO.
Stanley Mbugua appointed Interim CFO effective August 1, 2023; continues as Chief Accounting Officer.
Ed Scheetz appointed Lead Independent Director; Scott Raskin remains a director.

item 5.02 item 9.01

Executive movements

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Appointed (interim)

Stanley Mbugua

Interim Chief Financial Officer

Presto Automation Inc.

Effective: 2023-08-01
Filed: August 2, 2023, 7:59 PM ET

On August 1, 2023, the Board appointed Stanley Mbugua to serve as Interim Chief Financial Officer.

Appointed

Xavier Casanova

Chief Executive Officer

Presto Automation Inc.

Effective: 2023-08-01
Filed: August 2, 2023, 7:59 PM ET

On August 1, 2023, the Board appointed Xavier Casanova to serve as Chief Executive Officer.

Departed (interim)

Krishna Gupta

Interim Chief Executive Officer

Presto Automation Inc.

Effective: 2023-07-30
Successor: Xavier Casanova
Filed: August 2, 2023, 7:59 PM ET

On July 30, 2023, Krishna Gupta tendered his resignation as interim Chief Executive Officer of Presto Automation Inc. (the “Company”) effective immediately.

Appointed

Ed Scheetz

Lead Independent Director

Presto Automation Inc.

Effective: 2023-08-01
Filed: August 2, 2023, 7:59 PM ET

On August 1, 2023, the Board appointed Ed Scheetz, an independent member of the Board, to serve as the Company’s Lead Independent Director, effective immediately.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Stanley Mbugua was appointed as Interim Chief Financial Officer at Presto Automation Inc..

Action: appointed
Role: Interim Chief Financial Officer

Exact text from the filing

On August 1, 2023, the Board appointed Stanley Mbugua to serve as Interim Chief Financial Officer.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Xavier Casanova was appointed as Chief Executive Officer at Presto Automation Inc..

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

On August 1, 2023, the Board appointed Xavier Casanova to serve as Chief Executive Officer.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Krishna Gupta resigned as Interim Chief Executive Officer at Presto Automation Inc..

Action: resigned
Role: Interim Chief Executive Officer

Exact text from the filing

On July 30, 2023, Krishna Gupta tendered his resignation as interim Chief Executive Officer of Presto Automation Inc. (the “Company”) effective immediately.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Ed Scheetz was appointed as Lead Independent Director at Presto Automation Inc..

Action: appointed
Role: Lead Independent Director

Exact text from the filing

On August 1, 2023, the Board appointed Ed Scheetz, an independent member of the Board, to serve as the Company’s Lead Independent Director, effective immediately.

View on SEC.gov

Source: SEC EDGAR

accession 0001104659-23-086535

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