Michael Fleishman resigns as CEO of Mastech InfoTrellis; $2.1M severance

Mastech Digital, Inc.

Michael Fleishman resigned as CEO of Mastech InfoTrellis, effective Nov 27, 2023.
Separation agreement provides $2.1M gross severance: $410k lump by Dec 31, 2023; $1M over 12 months starting Jan 2024; $690k lump by Jan 31, 2025.
All vested and unvested stock options expired on the separation date.
Fleishman receives COBRA subsidy until Dec 31, 2024, and 3 months executive coaching.
Post-termination non-solicitation and non-competition covenants from prior agreement remain in effect.

item 5.02 item 9.01

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Departed

Michael Fleishman

Chief Executive Officer

MHH · Mastech Digital, Inc.

Effective: 2023-11-27
Filed: December 1, 2023, 6:59 PM ET

On November 27, 2023 (the “Separation Date”), Michael Fleishman resigned as Chief Executive Officer of Mastech InfoTrellis, Inc. (“Mastech InfoTrellis”), a wholly owned subsidiary of Mastech Digital, Inc. (the “Company”), effective immediately.

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Executive change SEC 8-K Item 5.02 confidence 0.95

Michael Fleishman resigned as Chief Executive Officer at Mastech Digital, Inc..

Action: resigned
Role: Chief Executive Officer

Exact text from the filing

On November 27, 2023 (the “Separation Date”), Michael Fleishman resigned as Chief Executive Officer of Mastech InfoTrellis, Inc. (“Mastech InfoTrellis”), a wholly owned subsidiary of Mastech Digital, Inc. (the “Company”), effective immediately.

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Source: SEC EDGAR

accession 0001193125-23-287442

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