Mastech Digital's Data & Analytics CEO Ganeshan Venkateshwaran resigns; Vivek Gupta interim

Mastech Digital, Inc.

Resignation effective Nov 1, 2022; Vivek Gupta (parent President & CEO) leads segment until successor.
Severance payment of $700,000: $550,000 over 12 months, $150,000 lump sum, subject to release.
Unvested stock options cease vesting on Nov 1, 2022; vested options have 90-day post-termination exercise.
Press release issued Nov 1, 2022; amendment filed as Exhibit 10.1.

item 5.02 item 7.01 item 9.01

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Departed

Ganeshan Venkateshwaran

Chief Executive Officer

MHH · Mastech Digital, Inc.

Effective: 2022-11-01
Filed: November 4, 2022, 7:59 PM ET

On and effective November 1, 2022, Ganeshan Venkateshwaran resigned as the Chief Executive Officer of Mastech InfoTrellis, Inc., the wholly-owned subsidiary of Mastech Digital, Inc. (the “Company”) that operates the Company’s Data and Analytics Services Business segment.

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Executive change SEC 8-K Item 5.02 confidence 0.95

Ganeshan Venkateshwaran resigned as Chief Executive Officer at Mastech Digital, Inc..

Action: resigned
Role: Chief Executive Officer

Exact text from the filing

On and effective November 1, 2022, Ganeshan Venkateshwaran resigned as the Chief Executive Officer of Mastech InfoTrellis, Inc., the wholly-owned subsidiary of Mastech Digital, Inc. (the “Company”) that operates the Company’s Data and Analytics Services Business segment.

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Source: SEC EDGAR

accession 0001193125-22-277873

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