reAlpha Tech Corp names Piyush Phadke CFO; base salary $250,000

reAlpha Tech Corp.

Piyush Phadke appointed CFO effective Jan 30, 2025, succeeding interim CFO Rakesh Prasad (who remains VP of Finance).
Mr. Phadke brings over 20 years finance experience; previously Managing Director at BTIG, LLC, and roles at Jefferies and Bank of America.
Compensation: $250,000 base salary, annual cash bonus target of 66.7% of base, equity eligible under 2022 Equity Incentive Plan.
He will report to President/COO Mike Logozzo; focus on optimizing capital structure and strengthening balance sheet.
Press release issued January 30, 2025; no other material events.

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.

Role change

Rakesh Prasad

Vice President of Finance

AIRE · reAlpha Tech Corp.

Effective: 2025-01-30
Successor: Piyush Phadke
Filed: January 30, 2025, 6:59 PM ET

succeeding Rakesh Prasad, who served as the interim Chief Financial Officer during the search for a permanent Chief Financial Officer and Mr. Prasad will continue to serve as the Vice President of Finance of the Company.

Appointed

Piyush Phadke

Chief Financial Officer

AIRE · reAlpha Tech Corp.

Effective: 2025-01-30
Filed: January 30, 2025, 6:59 PM ET

On January 30, 2025, reAlpha Tech Corp. (the “Company”) announced that it has appointed Piyush Phadke as the Company’s Chief Financial Officer (and principal financial and accounting officer), effective as of January 30, 2025.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Rakesh Prasad changed role as Vice President of Finance at reAlpha Tech Corp..

Action: stepped down as interim CFO
Role: Vice President of Finance

Exact text from the filing

succeeding Rakesh Prasad, who served as the interim Chief Financial Officer during the search for a permanent Chief Financial Officer and Mr. Prasad will continue to serve as the Vice President of Finance of the Company.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Piyush Phadke was appointed as Chief Financial Officer at reAlpha Tech Corp..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

On January 30, 2025, reAlpha Tech Corp. (the “Company”) announced that it has appointed Piyush Phadke as the Company’s Chief Financial Officer (and principal financial and accounting officer), effective as of January 30, 2025.

View on SEC.gov

reAlpha Tech Corp. filing history →

Source: SEC EDGAR

accession 0001213900-25-008063

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