Symbotic names Izilda Martins as CFO, succeeding Carol Hibbard; effective Aug 9, 2025

Symbotic Inc.

Izzy Martins, formerly CFO of Avis Budget Group, appointed CFO-designate July 1, 2025, and CFO/Treasurer August 9, 2025.
Martins receives base salary of $650,000, 100% bonus target, $500,000 sign-on cash bonus, and $12M equity award split between RSUs and PSUs.
Carol Hibbard steps down as CFO August 8, 2025; remains SVP through January 1, 2026 then consultant through March 31, 2026.
Hibbard gets $600,000 severance, FY2025 bonus of $510k times corporate achievement, and continued RSU vesting through consulting period.
Transition is described as planned; Cohen thanks Hibbard for her contributions and welcomes Martins.

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

Izilda Martins

Chief Financial Officer

SYM · Symbotic Inc.

Effective: 2025-08-09
Filed: June 9, 2025, 7:59 PM ET

On June 9, 2025, Symbotic Inc. (the “Company”) announced the appointment of Izilda “Izzy” Martins as Chief Financial Officer and principal financial officer of the Company, effective August 9, 2025.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Izilda Martins was appointed as Chief Financial Officer at Symbotic Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

On June 9, 2025, Symbotic Inc. (the “Company”) announced the appointment of Izilda “Izzy” Martins as Chief Financial Officer and principal financial officer of the Company, effective August 9, 2025.

View on SEC.gov

Symbotic Inc. filing history →

Source: SEC EDGAR

accession 0001193125-25-137836

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.