---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-156117"
form_type: "8-K"
ticker: "BKKT"
cik: "0001820302"
company_name: "Bakkt, Inc."
filed_at: "2022-05-20T23:59:59+00:00"
generated_at: "2026-06-25T08:48:08.808164+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-22-156117
- form_type: 8-K
- ticker: BKKT
- cik: 0001820302
- company_name: Bakkt, Inc.
- filed_at: 2022-05-20T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.02, 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1820302/000119312522156117/0001193125-22-156117-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1820302/000119312522156117/d344762d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-156117
- JSON: https://secwatch.observer/filing/0001193125-22-156117.json
- Plain text: https://secwatch.observer/filing/0001193125-22-156117.txt

## Key facts
- Executive change
  Andrew LaBenne resigned as Chief Financial Officer at Bakkt, Inc..
  - Action: resigned
  - Role: Chief Financial Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820302/000119312522156117/0001193125-22-156117-index.htm
- Executive change
  Karen Alexander was appointed as Chief Financial Officer at Bakkt, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820302/000119312522156117/0001193125-22-156117-index.htm

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