SpringBig CEO and CFO to depart; board initiates search for replacements

SpringBig Holdings, Inc.

CEO Jeffrey Harris to separate by latest of March 31, 2025, annual meeting, or 10-K filing; will receive $450k salary through separation, 250k RSUs, and gaming commissions.
CFO Paul Sykes to separate on June 14, 2025; will receive $364k salary through separation, $227.5k bonus, accelerated vesting of 86,667 RSUs, and COBRA contributions.
Both executives' non-solicitation and non-compete periods extended to 36 months; definition of 'Business of the Company' expanded to include gaming.
Lead independent director Marc Shiffman spearheading search for new CEO and CFO.
CEO will continue as board member (non-executive) and serve as consultant for 12 months at $450k fee.

item 5.02 item 9.01

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Departed

Jeffrey Harris

Chief Executive Officer

SBIG · SpringBig Holdings, Inc.

Filed: January 22, 2025, 6:59 PM ET

Jeffrey Harris has announced his intention to separate from his position as the Company’s CEO and an employee of the Company.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Jeffrey Harris departed as Chief Executive Officer at SpringBig Holdings, Inc..

Action: separate from his position as CEO
Role: Chief Executive Officer

Exact text from the filing

Jeffrey Harris has announced his intention to separate from his position as the Company’s CEO and an employee of the Company.

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SpringBig Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-25-005587

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