Usio appoints Michael White as CAO, promotes Frost to CPO; CEO Hoch's base raised to $800k

Usio, Inc.

Michael White appointed CAO effective Feb 1, 2024; annual salary $180,000.
Houston Frost promoted to SVP, Chief Product Officer; annual salary $240,000.
CEO Louis Hoch's base salary increased to $800,000 per annum effective Feb 1, 2024.
All three executives eligible for equity awards & bonus plans under company programs.

item 5.02 item 9.01

Executive movements

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

Appointed

Michael White

Senior Vice President, Chief Accounting Officer

USIO · Usio, Inc.

Effective: 2024-02-01
Filed: February 1, 2024, 6:59 PM ET

On January 26, 2024, Michael White was appointed as Senior Vice President, Chief Accounting Officer of Usio, Inc.

Role change

Houston Frost

Senior Vice President, Chief Product Officer

USIO · Usio, Inc.

Effective: 2024-02-01
Filed: February 1, 2024, 6:59 PM ET

In addition, Houston Frost, the Company’s Senior Vice President, Corporate Development and Prepaid Services, was promoted to Senior Vice President, Chief Product Officer

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Michael White was appointed as Senior Vice President, Chief Accounting Officer at Usio, Inc..

Action: appointed
Role: Senior Vice President, Chief Accounting Officer

Exact text from the filing

On January 26, 2024, Michael White was appointed as Senior Vice President, Chief Accounting Officer of Usio, Inc.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Houston Frost changed role as Senior Vice President, Chief Product Officer at Usio, Inc..

Action: promoted
Role: Senior Vice President, Chief Product Officer

Exact text from the filing

In addition, Houston Frost, the Company’s Senior Vice President, Corporate Development and Prepaid Services, was promoted to Senior Vice President, Chief Product Officer

View on SEC.gov

Usio, Inc. filing history →

Source: SEC EDGAR

accession 0001437749-24-002820

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