PAR Technology subsidiary president resigns; Michael Nelson appointed new President of PAR Government

PAR TECHNOLOGY CORP

Matthew Cicchinelli resigned as President of PAR Government effective Nov 29, 2021; will serve as senior advisor through Jan 15, 2022.
Michael Nelson appointed President effective Nov 30, 2021; previously VP at Riverside Research Institute since 2001.
Nelson receives $325,000 base salary, STI target 40% of base, LTI target 20% of base, and $135,000 signing bonus with one-year clawback.
Severance: 4 months base salary without cause; 6 months if termination without cause in connection with change of control.

item 5.02

Executive movements

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

Departed

Matthew Cicchinelli

President of PAR Government Systems Corporation

PAR · PAR TECHNOLOGY CORP

Effective: 2021-11-29
Successor: Michael Nelson
Filed: November 30, 2021, 6:59 PM ET

Matthew Cicchinelli resigned as President of PAR Government Systems Corporation (“PAR Government”) effective end of business Monday, November 29, 2021.

Appointed

Michael Nelson

President of PAR Government

PAR · PAR TECHNOLOGY CORP

Effective: 2021-11-30
Filed: November 30, 2021, 6:59 PM ET

Effective November 30, 2021, Michael Nelson (age 50) became the new President of PAR Government.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Matthew Cicchinelli resigned as President of PAR Government Systems Corporation at PAR TECHNOLOGY CORP.

Action: resigned
Role: President of PAR Government Systems Corporation

Exact text from the filing

Matthew Cicchinelli resigned as President of PAR Government Systems Corporation (“PAR Government”) effective end of business Monday, November 29, 2021.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Michael Nelson was appointed as President of PAR Government at PAR TECHNOLOGY CORP.

Action: appointed
Role: President of PAR Government

Exact text from the filing

Effective November 30, 2021, Michael Nelson (age 50) became the new President of PAR Government.

View on SEC.gov

PAR TECHNOLOGY CORP filing history →

Source: SEC EDGAR

accession 0001140361-21-039783

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.