leadership
confidence high
sentiment neutral
materiality 0.50
LiveOne appoints Aaron Sullivan as permanent CFO; grants 550K RSUs in three entities
LiveOne, Inc.
- Aaron Sullivan appointed full-time CFO, Treasurer and Secretary effective Jan 24, 2024; he had served as interim CFO since Dec 2021.
- Employment agreement provides $325,000 annual base salary, target bonus of 100% of salary under annual bonus plan.
- Initial equity grants: 350,000 LiveOne RSUs, 100,000 PodcastOne RSUs, and 100,000 Slacker RSUs (all with two-year vesting).
- Board also adopted the 2023 Annual Bonus Plan, tying awards to company financial performance and stock price.