---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-132585"
form_type: "8-K"
ticker: "TBCH"
cik: "0001493761"
company_name: "Turtle Beach Corp"
filed_at: "2023-05-02T23:59:59+00:00"
generated_at: "2026-06-16T03:19:53.537004+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# CEO Juergen Stark to depart; leaves Chairman role immediately, employment ends June 30

## Summary
- Stark resigns as Chairman effective May 1, 2023; CEO and President role ends June 30, 2023.
- Stark and director William Keitel will not stand for re-election at 2023 Annual Meeting.
- Separation provides 12-month salary continuation, pro-rated target bonus, full vesting of all unvested equity.
- Option exercise period extended to earlier of original term or June 30, 2024; health coverage for 12 months.
- Company pays up to $20k in legal fees; Stark may provide consulting services post-employment.

## SEC filing metadata
- accession: 0001193125-23-132585
- form_type: 8-K
- ticker: TBCH
- cik: 0001493761
- company_name: Turtle Beach Corp
- filed_at: 2023-05-02T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1493761/000119312523132585/0001193125-23-132585-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1493761/000119312523132585/d177239d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-132585
- JSON: https://secwatch.observer/filing/0001193125-23-132585.json
- Plain text: https://secwatch.observer/filing/0001193125-23-132585.txt

## Key facts
- Executive change
  Juergen Stark resigned as Chairman at Turtle Beach Corp.
  - Action: resigned
  - Role: Chairman
  source text: On May 1, 2023, Turtle Beach Corporation (the “Company”) announced that the Company and Juergen Stark, Chairman, Chief Executive Officer and President of the Company, have agreed that Mr. Stark would not continue in his role as Chairman, effective immediately
  evidence_url: https://www.sec.gov/Archives/edgar/data/1493761/000119312523132585/0001193125-23-132585-index.htm
- Executive change
  William Keitel departed as Member of the Board of Directors at Turtle Beach Corp.
  - Action: not stand for re-election
  - Role: Member of the Board of Directors
  source text: both Mr. Stark and Mr. William Keitel will not stand for re-election as members of the Board of Directors of the Company at the 2023 Annual Meeting of Shareholders of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1493761/000119312523132585/0001193125-23-132585-index.htm
- Executive change
  Juergen Stark resigned as Chief Executive Officer and President at Turtle Beach Corp.
  - Action: resigned
  - Role: Chief Executive Officer and President
  source text: would also not continue as Chief Executive Officer and President of the Company, with his employment to terminate effective as of the close of business on June 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1493761/000119312523132585/0001193125-23-132585-index.htm

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