secwatch.observer — SEC 8-K summary
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Issuer:     BRC Inc. (BRCC)
CIK:        0001891101
Form:       8-K
Filed at:   2023-09-11T23:59:59+00:00
Accession:  0001193125-23-231987
Event type: leadership
Sentiment:  positive
Materiality: 0.60
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BRC Inc. appoints Stephen Kadenacy as CFO effective Sept 18, replacing interim CFO Mark Weinsten
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- Stephen Kadenacy appointed CFO, effective Sept 18, 2023; brings 30+ years experience, former AECOM CFO and President/COO.
- Kadenacy previously served as CEO of SilverBox Engaged Merger Corp until its merger with BRCC in Feb 2022; he is a significant shareholder.
- He will receive $475,000 base salary, 75% target bonus, $2.25M stock options, and $750K RSUs vesting over three years.
- He replaces Mark Weinsten, who served as interim CFO since Aug 14, 2023.
- Engaged Capital and CEO intend to nominate Kadenacy to the Board after his CFO tenure ends.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1891101/000119312523231987/0001193125-23-231987-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1891101/000119312523231987/d520968d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-231987

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