Bakkt CAO resigns; cuts 28 jobs (13% of non-call center workforce)

Bakkt, Inc.

Charles Goodroe resigns as CAO effective May 22, 2024; no disagreement with company.
CFO Karen Alexander assumes role of principal accounting officer upon Goodroe's exit.
Reduction in force of 28 employees (~13% of non-call center full-time staff) announced May 2.
Estimated severance and benefits costs of $0.8M to $1.0M to be recognized in Q2 2024.
Layoff is part of a broader strategic review to align resources with business priorities.

item 5.02 item 8.01

Executive movements

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

Appointed

Karen Alexander

Principal Accounting Officer

BKKT · Bakkt, Inc.

Effective: 2024-05-22
Filed: May 3, 2024, 7:59 PM ET

Upon the effectiveness of Mr. Goodroe’s resignation, Karen Alexander, the Company’s Chief Financial Officer and principal financial officer, will assume the role of the Company’s principal accounting officer.

Departed

Charles Goodroe

Chief Accounting Officer

BKKT · Bakkt, Inc.

Effective: 2024-05-22
Filed: May 3, 2024, 7:59 PM ET

On April 29, 2024, Charles Goodroe tendered his resignation from his position as Chief Accounting Officer of Bakkt Holdings, Inc. (the “Company”), to be effective as of May 22, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Karen Alexander was appointed as Principal Accounting Officer at Bakkt, Inc..

Action: assumed
Role: Principal Accounting Officer

Exact text from the filing

Upon the effectiveness of Mr. Goodroe’s resignation, Karen Alexander, the Company’s Chief Financial Officer and principal financial officer, will assume the role of the Company’s principal accounting officer.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Charles Goodroe resigned as Chief Accounting Officer at Bakkt, Inc..

Action: resigned
Role: Chief Accounting Officer

Exact text from the filing

On April 29, 2024, Charles Goodroe tendered his resignation from his position as Chief Accounting Officer of Bakkt Holdings, Inc. (the “Company”), to be effective as of May 22, 2024.

View on SEC.gov

Bakkt, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-24-130799

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.