Bakkt CFO Andrew LaBenne resigns; CAO Karen Alexander named interim CFO

Bakkt, Inc.

Andrew LaBenne resigns as CFO effective May 23, 2022; will serve as consultant through June 17.
Karen Alexander, current Chief Accounting Officer, appointed interim CFO effective May 23.
LaBenne's resignation not due to any disagreement with the Company; existing compensation remains through consulting period.
Alexander has been CAO since June 2021 (predecessor) and earlier at GE Capital (2004-2021).
Additional compensation for interim CFO role to be determined; standard indemnification agreement planned.

item 1.02 item 5.02

Executive movements

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Departed

Andrew LaBenne

Chief Financial Officer

BKKT · Bakkt, Inc.

Effective: 2022-05-23
Successor: Karen Alexander
Filed: May 20, 2022, 7:59 PM ET

On May 18, 2022, Andrew LaBenne tendered his resignation from his position as Chief Financial Officer of Bakkt Holdings, Inc. (the “Company”), to be effective as of May 23, 2022.

Appointed (interim)

Karen Alexander

Chief Financial Officer

BKKT · Bakkt, Inc.

Effective: 2022-05-23
Filed: May 20, 2022, 7:59 PM ET

On May 19, 2022, the Company appointed its Chief Accounting Officer, Karen Alexander (age 51), as interim Chief Financial Officer and interim Principal Financial Officer to be effective as of May 23, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Andrew LaBenne resigned as Chief Financial Officer at Bakkt, Inc..

Action: resigned
Role: Chief Financial Officer

Exact text from the filing

On May 18, 2022, Andrew LaBenne tendered his resignation from his position as Chief Financial Officer of Bakkt Holdings, Inc. (the “Company”), to be effective as of May 23, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Karen Alexander was appointed as Chief Financial Officer at Bakkt, Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

On May 19, 2022, the Company appointed its Chief Accounting Officer, Karen Alexander (age 51), as interim Chief Financial Officer and interim Principal Financial Officer to be effective as of May 23, 2022.

View on SEC.gov

Bakkt, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-22-156117

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