Funko appoints Josh Simon as CEO effective Sept 1, 2025; replaces interim CEO Michael Lunsford

Funko, Inc.

Simon, former Netflix VP, will receive $1M base salary, annual bonus target 100% of base, and annual equity target $2.5M from FY27.
Signs 1.75M RSUs: 1M time-vesting over 4 yrs; 750K with price hurdles of $8 and $20 per share.
Relocation assistance up to $100K to move to Everett, WA; office split between Burbank and Everett first year.
Incumbent interim CEO Michael Lunsford will remain on Board after Aug 31, 2025 transition.

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