CFO Tom Jewell to retire; separation agreement provides salary, benefits, unvested equity through Apr 18, 2024

Usio, Inc.

Tom Jewell, Senior VP and CFO, notified retirement effective Nov 30, 2023.
Separation agreement signed Dec 11, 2023; base salary paid biweekly through Apr 18, 2024.
Unvested stock options and equity awards will continue to vest per original schedules.
Health and other benefits continued on same terms through Apr 18, 2024; COBRA thereafter.
Agreement includes mutual release, 2-year non-compete, non-solicitation, and non-disparagement clauses.

item 5.02 item 9.01

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Departed

Tom Jewell

Senior Vice President, Chief Financial Officer, and principal financial and accounting officer

USIO · Usio, Inc.

Filed: December 12, 2023, 6:59 PM ET

On November 30, 2023, Tom Jewell, the Senior Vice President, Chief Financial Officer, and principal financial and accounting officer of Usio, Inc. (the “Company”) notified the Company of his intention to retire.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Tom Jewell retired as Senior Vice President, Chief Financial Officer, and principal financial and accounting officer at Usio, Inc..

Action: retired
Role: Senior Vice President, Chief Financial Officer, and principal financial and accounting officer

Exact text from the filing

On November 30, 2023, Tom Jewell, the Senior Vice President, Chief Financial Officer, and principal financial and accounting officer of Usio, Inc. (the “Company”) notified the Company of his intention to retire.

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Usio, Inc. filing history →

Source: SEC EDGAR

accession 0001437749-23-034199

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