secwatch.observer — SEC 8-K summary
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Issuer:     Vita Coco Company, Inc. (COCO)
CIK:        0001482981
Form:       8-K
Filed at:   2023-03-07T23:59:59+00:00
Accession:  0001482981-23-000007
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vita Coco appoints Corey Baker as CFO, succeeding interim CFO Rowena Ricalde who becomes CAO
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- Corey Baker appointed CFO effective after 10-K filing; previously SVP Global Finance at PepsiCo.
- Compensation: $365k base salary, 60% target bonus, $100k signing bonus payable Jan 2024 or earlier if terminated without cause.
- New-hire equity grant: $750k RSUs + $250k options; vesting schedule: 40% Y1, 30% Y2, 20% Y3, 10% Y4.
- Rowena Ricalde, who served as interim CFO since Sept 2022, becomes Chief Accounting Officer.
- Severance: one year base salary plus target bonus if terminated without cause.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1482981/000148298123000007/0001482981-23-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1482981/000148298123000007/coco-20230307.htm
  HTML page:      https://secwatch.observer/filing/0001482981-23-000007

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