StarTek CFO Nishit Shah resigns; Neeraj Jain appointed as replacement

Startek, Inc.

Nishit Shah resigned as CFO effective June 2, 2023; receives separation payment of ~$99,619 (INR 8.24M).
Neeraj Jain appointed CFO effective June 1, 2023; base annual compensation ~$140,287, total fixed ~$280,574.
Jain receives inducement grant of 100,000 stock options at $5.75 strike price, vesting over 4 years.
Jain joins from Comviva (EVP & CFO), has 22+ years financial leadership experience.

item 5.02 item 9.01

Executive movements

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Appointed

Neeraj Jain

Chief Financial Officer

Startek, Inc.

Effective: 2023-06-01
Filed: June 5, 2023, 7:59 PM ET

On June 1, 2023, the Company announced the appointment of Mr. Neeraj Jain, age 46, as Chief Financial Officer.

Departed

Nishit Shah

Chief Financial Officer

Startek, Inc.

Effective: 2023-06-02
Successor: Neeraj Jain
Filed: June 5, 2023, 7:59 PM ET

On May 30, 2023, Nishit Shah gave notice of his intention to resign from his position as Chief Financial Officer of StarTek, Inc.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Neeraj Jain was appointed as Chief Financial Officer at Startek, Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

On June 1, 2023, the Company announced the appointment of Mr. Neeraj Jain, age 46, as Chief Financial Officer.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Nishit Shah resigned as Chief Financial Officer at Startek, Inc..

Action: resigned
Role: Chief Financial Officer

Exact text from the filing

On May 30, 2023, Nishit Shah gave notice of his intention to resign from his position as Chief Financial Officer of StarTek, Inc.

View on SEC.gov

Source: SEC EDGAR

accession 0001437749-23-016628

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