EverQuote appoints Joseph Sanborn CFO, plans >15% cut in non-marketing costs

EverQuote, Inc.

Cost reduction plan targets over 15% cut in non-marketing operating expenses (excluding non-cash items).
Joseph Sanborn appointed CFO effective June 16, replacing John Wagner leaving to pursue other opportunities.
Sanborn receives $330k salary, $300k target bonus, and 105k RSUs with four-year ratable quarterly vesting.
Jon Ayotte promoted to Chief Accounting Officer; receives $295k salary, $105k target bonus, and 28k RSUs.
Wagner will stay through filing of Q2 financial results to assist transition.

item 5.02 item 8.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

John Wagner

Chief Financial Officer

EVER · EverQuote, Inc.

Effective: 2023-06-16
Successor: Joseph Sanborn
Filed: June 16, 2023, 7:59 PM ET

John Wagner, the Chief Financial Officer of the Company, and the Company agreed that Mr. Wagner would transition from his role as the Company’s Chief Financial Officer to pursue other opportunities.

Role change

Joseph Sanborn

Chief Financial Officer

EVER · EverQuote, Inc.

Effective: 2023-06-16
Filed: June 16, 2023, 7:59 PM ET

On June 16, 2023, Joseph Sanborn, age 53, was appointed Chief Financial Officer of the Company.

Role change

Jon Ayotte

Chief Accounting Officer

EVER · EverQuote, Inc.

Effective: 2023-06-16
Filed: June 16, 2023, 7:59 PM ET

On June 16, 2023, Jon Ayotte, age 39, was appointed Chief Accounting Officer of the Company.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

John Wagner departed as Chief Financial Officer at EverQuote, Inc..

Action: ceased to serve
Role: Chief Financial Officer

Exact text from the filing

John Wagner, the Chief Financial Officer of the Company, and the Company agreed that Mr. Wagner would transition from his role as the Company’s Chief Financial Officer to pursue other opportunities.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Joseph Sanborn was appointed as Chief Financial Officer at EverQuote, Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

On June 16, 2023, Joseph Sanborn, age 53, was appointed Chief Financial Officer of the Company.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Jon Ayotte was appointed as Chief Accounting Officer at EverQuote, Inc..

Action: appointed
Role: Chief Accounting Officer

Exact text from the filing

On June 16, 2023, Jon Ayotte, age 39, was appointed Chief Accounting Officer of the Company.

View on SEC.gov

EverQuote, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-23-169100

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