Anterix appoints Scott Lang as President and CEO; Rob Schwartz steps down after a decade

Anterix Inc.

Robert H. Schwartz steps down as CEO effective November 1, 2024, and will serve as an advisor to the Board.
Scott A. Lang, former CEO of Silver Spring Networks, appointed President and CEO and principal executive officer.
Lang receives $545,000 base salary, 100% target bonus, and two performance-based RSU awards each valued at $1 million.
Schwartz's severance includes 2x base salary + target bonus, accelerated vesting of 68,788 time-based and 33,417 performance-based shares.
Schwartz also gets 18 months COBRA, option extension up to 2 years, and change-in-control acceleration within 6 months.

item 5.02 item 8.01 item 9.01

Executive movements

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

Departed

Robert H. Schwartz

Director

ATEX · Anterix Inc.

Effective: 2024-11-01
Filed: October 8, 2024, 7:59 PM ET

In connection with the CEO Transition, Mr. Schwartz will resign from his service on the Company’s Board.

Departed

Robert H. Schwartz

President and Chief Executive Officer

ATEX · Anterix Inc.

Effective: 2024-11-01
Successor: Scott A. Lang
Filed: October 8, 2024, 7:59 PM ET

On October 8, 2024, Anterix Inc. (the “ Company ”) announced that Robert H. Schwartz is stepping down from his role as the Company’s President and Chief Executive Officer and will provide advisory services to the Board of Directors (the “ Board ”) to support a successful leadership transition through November 1, 2024 (the “ CEO Transition ”).

Appointed

Scott A. Lang

President and Chief Executive Officer

ATEX · Anterix Inc.

Filed: October 8, 2024, 7:59 PM ET

Further, as part of the CEO Transition, the Board appointed Scott A. Lang, who has served as director since August 2024, as the Company’s President and Chief Executive Officer.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.9

Robert H. Schwartz resigned as Director at Anterix Inc..

Action: resigned
Role: Director

Exact text from the filing

In connection with the CEO Transition, Mr. Schwartz will resign from his service on the Company’s Board.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Robert H. Schwartz departed as President and Chief Executive Officer at Anterix Inc..

Action: stepping down
Role: President and Chief Executive Officer

Exact text from the filing

On October 8, 2024, Anterix Inc. (the “ Company ”) announced that Robert H. Schwartz is stepping down from his role as the Company’s President and Chief Executive Officer and will provide advisory services to the Board of Directors (the “ Board ”) to support a successful leadership transition through November 1, 2024 (the “ CEO Transition ”).

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.9

Scott A. Lang was appointed as President and Chief Executive Officer at Anterix Inc..

Action: appointed
Role: President and Chief Executive Officer

Exact text from the filing

Further, as part of the CEO Transition, the Board appointed Scott A. Lang, who has served as director since August 2024, as the Company’s President and Chief Executive Officer.

View on SEC.gov

Anterix Inc. filing history →

Source: SEC EDGAR

accession 0001193125-24-234414

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