Bright Mountain Media extends Chairman Speyer's role; employment agreement expires April 2023

Bright Mountain Media, Inc.

Chairman W. Kip Speyer's employment agreement expires April 1, 2023; he continues as Chairman at $1 annual salary.
Speyer remains Chairman as at-will employee; retains health/dental/vision coverage until resignation or removal.
Certain sections of the employment agreement continue to bind both parties during his Chairman tenure.
No further compensation payable under employment agreement after April 1, 2023.

item 5.02 item 9.01

Executive movements

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Role change

W. Kip Speyer

Chairman of the Board of Directors

BMTM · Bright Mountain Media, Inc.

Effective: 2023-04-01
Filed: February 10, 2023, 6:59 PM ET

On February 8, 2023, Bright Mountain Media, Inc. (the “Company”) and W. Kip Speyer memorialized Mr. Speyer’s continued service as Chairman of the Board of Directors.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

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

Action: memorialized continued service as Chairman and expiration of employment agreement
Role: Chairman of the Board of Directors

Exact text from the filing

On February 8, 2023, Bright Mountain Media, Inc. (the “Company”) and W. Kip Speyer memorialized Mr. Speyer’s continued service as Chairman of the Board of Directors.

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Bright Mountain Media, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-23-004297

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