TSS promotes Todd Marrott to COO; base salary raised to $300,000, receives 250K RSUs

TSS, Inc.

Todd Marrott appointed COO effective July 1, 2024; previously SVP of Operations since 2022.
Base salary increased to $300,000 per year under employment agreement.
Granted 250,000 restricted shares vesting 50% on June 27, 2025 and 50% on June 27, 2026.
Marrott led overhaul of Systems Integration business to operating profitability and achieved ISO certification.
Company highlights role in direct liquid cooling solutions and AI integration demand.

item 5.02 item 9.01

Executive movements

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

Role change

Karl Todd Marrott

Chief Operating Officer

TSSI · TSS, Inc.

Effective: 2024-07-01
Filed: June 27, 2024, 7:59 PM ET

On June 27, 2024, TSS, Inc. (the “Company”) issued a press release announcing the appointment of Karl Todd Marrott as Chief Operating Officer of the Company, effective July 1, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Karl Todd Marrott was appointed as Chief Operating Officer at TSS, Inc..

Action: appointed
Role: Chief Operating Officer

Exact text from the filing

On June 27, 2024, TSS, Inc. (the “Company”) issued a press release announcing the appointment of Karl Todd Marrott as Chief Operating Officer of the Company, effective July 1, 2024.

View on SEC.gov

TSS, Inc. filing history →

Source: SEC EDGAR

accession 0001437749-24-021333

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.