Zapata AI appoints Sumit Kapur as CFO; Mimi Flanagan resigns effective May 20, 2024

Zapata Quantum, Inc.

Mimi Flanagan resigns as CFO effective May 20, 2024; resignation not due to any disagreement with company.
Sumit Kapur appointed CFO effective May 20, 2024; starts as VP Finance on May 13 for transition.
Kapur receives $350k base salary, 25% annual bonus target, and option for 600k shares vesting over 4 years.
Kapur served as CFO at 3Degrees for ~12 years; previously investment banking at Morgan Stanley.
Flanagan to enter consulting agreement for transition; vested option exercise period extended to 5 years.

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

Sumit Kapur

Chief Financial Officer, Principal Financial and Accounting Officer and Treasurer

ZPTA · Zapata Quantum, Inc.

Effective: 2024-05-20
Filed: May 13, 2024, 7:59 PM ET

On May 8, 2024, the board of directors of Zapata Computing Holdings Inc. (the “Company”) appointed Sumit Kumar as the Company’s Chief Financial Officer, Principal Financial and Accounting Officer and Treasurer effective on May 20, 2024.

Departed

Mimi Flanagan

Chief Financial Officer and Treasurer

ZPTA · Zapata Quantum, Inc.

Effective: 2024-05-20
Successor: Sumit Kapur
Filed: May 13, 2024, 7:59 PM ET

On May 8, 2024, Mimi Flanagan, the Chief Financial Officer and Treasurer of the Company, notified the Company that she will be resigning from her positions effective May 20, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Sumit Kapur was appointed as Chief Financial Officer, Principal Financial and Accounting Officer and Treasurer at Zapata Quantum, Inc..

Action: appointed
Role: Chief Financial Officer, Principal Financial and Accounting Officer and Treasurer

Exact text from the filing

On May 8, 2024, the board of directors of Zapata Computing Holdings Inc. (the “Company”) appointed Sumit Kumar as the Company’s Chief Financial Officer, Principal Financial and Accounting Officer and Treasurer effective on May 20, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Mimi Flanagan resigned as Chief Financial Officer and Treasurer at Zapata Quantum, Inc..

Action: resigned
Role: Chief Financial Officer and Treasurer

Exact text from the filing

On May 8, 2024, Mimi Flanagan, the Chief Financial Officer and Treasurer of the Company, notified the Company that she will be resigning from her positions effective May 20, 2024.

View on SEC.gov

Zapata Quantum, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-24-137298

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.