Casa Systems names Michael Glickman CEO; CAO Matthew Slepian resigns

Casa Systems Inc

Michael Glickman named President and CEO effective Aug 1, 2023; interim CEO Ed Durkin continues as CFO.
CEO package includes $850K base salary, $300K sign-on bonus, and 2.75M RSUs vesting over 4 years.
Chief Accounting Officer Matthew Slepian resigns effective Aug 4, 2023; resignation not due to disagreements.
Board adopts Executive Officer Severance and Change in Control Policy for C-level and senior VP executives.

item 5.02 item 7.01 item 9.01

Executive movements

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

Appointed

Michael Glickman

Chief Executive Officer

Casa Systems Inc

Effective: 2023-08-01
Filed: July 13, 2023, 7:59 PM ET

On July 10, 2023, the Board of Directors (the “Board”) of Casa Systems, Inc. (the “Company”) appointed Michael Glickman as Chief Executive Officer and principal executive officer of the Company, effective as of August 1, 2023.

Role change

Edward Durkin

Chief Financial Officer

Casa Systems Inc

Effective: 2023-08-01
Successor: Michael Glickman
Filed: July 13, 2023, 7:59 PM ET

Mr. Glickman will succeed Edward Durkin, who will cease to serve as the Company’s interim Chief Executive Officer, also effective as of August 1, 2023.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Michael Glickman was appointed as Chief Executive Officer at Casa Systems Inc.

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

On July 10, 2023, the Board of Directors (the “Board”) of Casa Systems, Inc. (the “Company”) appointed Michael Glickman as Chief Executive Officer and principal executive officer of the Company, effective as of August 1, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Edward Durkin changed role as Chief Financial Officer at Casa Systems Inc.

Action: ceases to serve as interim Chief Executive Officer
Role: Chief Financial Officer

Exact text from the filing

Mr. Glickman will succeed Edward Durkin, who will cease to serve as the Company’s interim Chief Executive Officer, also effective as of August 1, 2023.

View on SEC.gov

Source: SEC EDGAR

accession 0001193125-23-186574

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