---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-137836"
form_type: "8-K"
ticker: "SYM"
cik: "0001837240"
company_name: "Symbotic Inc."
filed_at: "2025-06-09T23:59:59+00:00"
generated_at: "2026-05-19T17:31:15.089399+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-25-137836
- form_type: 8-K
- ticker: SYM
- cik: 0001837240
- company_name: Symbotic Inc.
- filed_at: 2025-06-09T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1837240/000119312525137836/0001193125-25-137836-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1837240/000119312525137836/d91164d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-137836
- JSON: https://secwatch.observer/filing/0001193125-25-137836.json
- Plain text: https://secwatch.observer/filing/0001193125-25-137836.txt

## Key facts
- Executive change
  Izilda Martins was appointed as Chief Financial Officer at Symbotic Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1837240/000119312525137836/0001193125-25-137836-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.