Beachbody CFO Sue Collyns to depart May 31; Marc Suidan appointed as new CFO

Beachbody Company, Inc.

Sue Collyns will leave as President and CFO effective May 31, 2022; will consult through May 2023.
Marc Suidan appointed CFO effective May 10, 2022; previously a partner at PwC and Global Tech, Media and Telecom Leader.
Suidan receives annual base salary of $525,000, target bonus of 75% of salary, and equity awards with $2M aggregate grant-date value.
Severance for Suidan includes 12 months salary, prorated target bonus, 12 months healthcare, and additional equity vesting.
Collyns eligible for severance per employment agreement; stock options remain outstanding and vest based on consulting services.

item 5.02

Executive movements

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Departed

Sue Collyns

President and Chief Financial Officer

BODI · Beachbody Company, Inc.

Effective: 2022-05-31
Successor: Marc Suidan
Filed: April 20, 2022, 7:59 PM ET

On April 19, 2022, The Beachbody Company, Inc. (“Beachbody” or the “Company”) announced that Sue Collyns, President and Chief Financial Officer of the Company, will leave the Company to pursue other opportunities, effective May 31, 2022.

Appointed

Marc Suidan

Chief Financial Officer

BODI · Beachbody Company, Inc.

Effective: 2022-05-10
Filed: April 20, 2022, 7:59 PM ET

The Company’s Compensation Committee approved the hiring of Marc Suidan, age 49, in a financial advisory capacity, effective April 15, 2022, and is recommending to the Company’s Board of Directors (the “Board”) that it appoint Mr. Suidan as the Company’s Chief Financial Officer effective as of May 10, 2022.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 1.0

Sue Collyns resigned as President and Chief Financial Officer at Beachbody Company, Inc..

Action: resigned
Role: President and Chief Financial Officer

Exact text from the filing

On April 19, 2022, The Beachbody Company, Inc. (“Beachbody” or the “Company”) announced that Sue Collyns, President and Chief Financial Officer of the Company, will leave the Company to pursue other opportunities, effective May 31, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Marc Suidan was appointed as Chief Financial Officer at Beachbody Company, Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

The Company’s Compensation Committee approved the hiring of Marc Suidan, age 49, in a financial advisory capacity, effective April 15, 2022, and is recommending to the Company’s Board of Directors (the “Board”) that it appoint Mr. Suidan as the Company’s Chief Financial Officer effective as of May 10, 2022.

View on SEC.gov

Beachbody Company, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-22-110127

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