Vita Coco Co-CEO Kirban resigns, becomes Executive Chairman; Roper named sole CEO

Vita Coco Company, Inc.

Michael Kirban resigned as Co-CEO effective May 2, 2022, appointed Executive Chairman and Co-Founder.
Martin Roper, previously Co-CEO, designated as sole Chief Executive Officer and principal executive officer.
Kirban's employment agreement amended to extend non-termination without Cause to July 1, 2023.
Kirban's compensation remains unchanged; he continues as an executive officer and director.

item 5.02

Executive movements

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

Role change

Michael Kirban

Executive Chairman

COCO · Vita Coco Company, Inc.

Effective: 2022-05-02
Filed: May 3, 2022, 7:59 PM ET

On April 29, 2022, Michael Kirban notified The Vita Coco Company, Inc. (the “Company”) of his resignation, effective on May 2, 2022, as Co-Chief Executive Officer and co-principal executive officer of the Company. On May 2, 2022, the Board appointed Mr. Kirban as Executive Chairman of the Company.

Role change

Martin Roper

Chief Executive Officer

COCO · Vita Coco Company, Inc.

Effective: 2022-05-02
Filed: May 3, 2022, 7:59 PM ET

The Board also determined that Martin Roper, the Company’s Co-Chief Executive Officer and director of the Board, will be designated as the sole Chief Executive Officer and principal executive officer of the Company.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Michael Kirban was appointed as Executive Chairman at Vita Coco Company, Inc..

Action: resigned as Co-Chief Executive Officer and appointed as Executive Chairman
Role: Executive Chairman

Exact text from the filing

On April 29, 2022, Michael Kirban notified The Vita Coco Company, Inc. (the “Company”) of his resignation, effective on May 2, 2022, as Co-Chief Executive Officer and co-principal executive officer of the Company. On May 2, 2022, the Board appointed Mr. Kirban as Executive Chairman of the Company.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Martin Roper changed role as Chief Executive Officer at Vita Coco Company, Inc..

Action: designated as sole Chief Executive Officer
Role: Chief Executive Officer

Exact text from the filing

The Board also determined that Martin Roper, the Company’s Co-Chief Executive Officer and director of the Board, will be designated as the sole Chief Executive Officer and principal executive officer of the Company.

View on SEC.gov

Vita Coco Company, Inc. filing history →

Source: SEC EDGAR

accession 0001482981-22-000030

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