Motorsport Games appoints Stephen Hood as CEO, replacing Dmitry Kozko

Motorsport Games Inc.

Dmitry Kozko terminated without cause as CEO effective April 19; remains as director.
Stephen Hood, former President, appointed CEO and President effective April 19.
Hood receives $245K base salary; eligible for market-cap-tied increases up to $500K.
Hood eligible for one-time cash bonuses at $50M and $300M market cap milestones.
Hood eligible for stock options at $100M, $250M, and $300M market cap milestones.

item 1.01 item 5.02 item 9.01

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Appointed

Stephen Hood

Chief Executive Officer and President

MSGM · Motorsport Games Inc.

Effective: 2023-04-19
Filed: April 19, 2023, 7:59 PM ET

the board of directors of the Company appointed Stephen Hood as the Company’s new CEO and President effective April 19, 2023.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Stephen Hood was appointed as Chief Executive Officer and President at Motorsport Games Inc..

Action: appointed
Role: Chief Executive Officer and President

Exact text from the filing

the board of directors of the Company appointed Stephen Hood as the Company’s new CEO and President effective April 19, 2023.

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Motorsport Games Inc. filing history →

Source: SEC EDGAR

accession 0001493152-23-012841

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