leadership
confidence high
sentiment neutral
materiality 0.70
Marqeta appoints Mike Milotich as permanent CEO, effective immediately
Marqeta, Inc.
- Mike Milotich appointed CEO and Board member; served as Interim CEO since Feb 2025 and continues as CFO during search for new CFO.
- Annual base salary of $600,000; eligible for annual bonus target of 100% of base salary.
- Receives RSUs valued at ~$5M, vesting quarterly over three years, under 2021 Stock Option and Incentive Plan.
- Eligible for severance and change-in-control benefits under Executive Severance Plan.
item 5.02item 9.01