VerifyMe CEO Patrick White resigns; Scott Greenberg named interim CEO

VerifyMe, Inc.

Patrick White resigned as CEO and director effective March 14, 2023; severance includes $158,867 cash and 111,364 RSUs.
Scott Greenberg, Executive Chairman, appointed interim CEO effective March 15, 2023; awarded 56,819 RSUs vesting over 3 years.
COO Keith Goldstein's annual base salary increased to $255,000 effective March 15, 2023.
Board to appoint permanent CEO; White's prior RSU award forfeited and employment agreement terminated with surviving covenants.

item 1.01 item 5.02 item 8.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Patrick White

Chief Executive Officer

VRME · VerifyMe, Inc.

Effective: 2023-03-14
Successor: Scott Greenberg
Filed: March 20, 2023, 7:59 PM ET

On March 14, 2023, VerifyMe, Inc. (“we,” “our,” “us,” or the “Company”) and Patrick White agreed that Mr. White would resign as Chief Executive Officer of the Company.

Departed

Patrick White

Director

VRME · VerifyMe, Inc.

Effective: 2023-03-14
Filed: March 20, 2023, 7:59 PM ET

whereby Mr. White voluntarily elected to resign as Chief Executive Officer and as a director of the Company

Appointed (interim)

Scott Greenberg

Interim Chief Executive Officer

VRME · VerifyMe, Inc.

Effective: 2023-03-15
Filed: March 20, 2023, 7:59 PM ET

Effective as of March 15, 2023, the Board appointed Scott Greenberg, the Company’s executive chairman of the Board, as Interim Chief Executive Officer.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Patrick White resigned as Chief Executive Officer at VerifyMe, Inc..

Action: resigned
Role: Chief Executive Officer

Exact text from the filing

On March 14, 2023, VerifyMe, Inc. (“we,” “our,” “us,” or the “Company”) and Patrick White agreed that Mr. White would resign as Chief Executive Officer of the Company.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Patrick White resigned as Director at VerifyMe, Inc..

Action: resigned
Role: Director

Exact text from the filing

whereby Mr. White voluntarily elected to resign as Chief Executive Officer and as a director of the Company

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Scott Greenberg was appointed as Interim Chief Executive Officer at VerifyMe, Inc..

Action: appointed
Role: Interim Chief Executive Officer

Exact text from the filing

Effective as of March 15, 2023, the Board appointed Scott Greenberg, the Company’s executive chairman of the Board, as Interim Chief Executive Officer.

View on SEC.gov

VerifyMe, Inc. filing history →

Source: SEC EDGAR

accession 0001214659-23-004023

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