Green Dot Corp discloses interim CEO pay, retention bonuses for key officers

GREEN DOT CORP

Jacobs receives $50k/mo salary + up to $60k/mo service award; 117,123 RSUs vesting in 1 year.
Ruppel's base salary raised to $550k; target cash incentive increased to 100% of base.
Retention bonuses: $200k for Ruppel, $125k each for CFO Unruh, COO Watkins, GC Pugh.
Bonuses vest 50% on transaction announcement, rest at close; if no announcement by Dec 31, 2025, 50% vests then, balance Jun 30, 2026.

item 5.02

Executive movements

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Role change (interim)

Chris Ruppel

Interim President and Interim Chief Executive Officer and President of Green Dot Bank

GDOT · GREEN DOT CORP

Filed: March 24, 2025, 7:59 PM ET

In connection with his promotion to interim President of the Company and interim Chief Executive Officer and President of the Bank, the Committee increased his previously-approved annual base salary from $485,000 to $550,000

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.9

Chris Ruppel changed role as Interim President and Interim Chief Executive Officer and President of Green Dot Bank at GREEN DOT CORP.

Action: promoted
Role: Interim President and Interim Chief Executive Officer and President of Green Dot Bank

Exact text from the filing

In connection with his promotion to interim President of the Company and interim Chief Executive Officer and President of the Bank, the Committee increased his previously-approved annual base salary from $485,000 to $550,000

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GREEN DOT CORP filing history →

Source: SEC EDGAR

accession 0001386278-25-000014

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