secwatch.observer — SEC 8-K summary
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Issuer:     Funko, Inc. (FNKO)
CIK:        0001704711
Form:       8-K
Filed at:   2023-07-18T23:59:59+00:00
Accession:  0001193125-23-188856
Event type: leadership
Sentiment:  negative
Materiality: 0.75
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Funko CEO Brian Mariotti takes 6-month leave; Michael Lunsford named Interim CEO
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- Brian Mariotti ceased as CEO effective July 13, 2023, for a six-month sabbatical; remains a director.
- Board appointed Michael Lunsford as Interim CEO; he will also continue as a director.
- Lunsford receives $30,000/month salary (min 9 months) and 120,000 RSUs vesting on July 13, 2024.
- Board searches for permanent CEO; Lunsford removed from Audit and Compensation Committees.
- Charles Denson appointed to Audit Committee; Sarah Kirshbaum Levy as Chair of Compensation Committee.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1704711/000119312523188856/0001193125-23-188856-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1704711/000119312523188856/d522889d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-188856

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer