Bright Mountain Media appoints Matt Drinkwater as CEO; Kip Speyer remains Chairman

Bright Mountain Media, Inc.

Effective December 1, 2021; Drinkwater, 48, previously SVP International at BuzzFeed.
3-year contract with $250,000 base salary and discretionary bonus target of 100% of base.
Granted 500,000 stock options vesting 25% annually starting December 1, 2021.
Drinkwater also held roles at Twitter, Groupon, Yahoo, and AOL.
Kip Speyer transitions from CEO to continue as Chairman of the Board.

item 5.02

Executive movements

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

Appointed

Matthew Drinkwater

Chief Executive Officer

BMTM · Bright Mountain Media, Inc.

Effective: 2021-12-01
Filed: December 17, 2021, 6:59 PM ET

Effective December 1, 2021, the Company appointed Mr. Matthew Drinkwater as its new Chief Executive Officer (CEO).

Role change

W. Kip Speyer

Chairman of the Board

BMTM · Bright Mountain Media, Inc.

Effective: 2021-12-01
Successor: Matthew Drinkwater
Filed: December 17, 2021, 6:59 PM ET

Mr. W. Kip Speyer will remain with the Company in his role of Chairman of the Board and transition his CEO role to Mr. Drinkwater.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Matthew Drinkwater was appointed as Chief Executive Officer at Bright Mountain Media, Inc..

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

Effective December 1, 2021, the Company appointed Mr. Matthew Drinkwater as its new Chief Executive Officer (CEO).

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

W. Kip Speyer changed role as Chairman of the Board at Bright Mountain Media, Inc..

Action: transitioned from CEO to Chairman
Role: Chairman of the Board

Exact text from the filing

Mr. W. Kip Speyer will remain with the Company in his role of Chairman of the Board and transition his CEO role to Mr. Drinkwater.

View on SEC.gov

Bright Mountain Media, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-21-031860

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