leadership
confidence high
sentiment negative
materiality 0.65
SurgePays CFO Evers out; separation agreement provides $250K consulting, COBRA; director Schurfeld resigns
SurgePays, Inc.
- CFO Anthony Evers employment ended Dec 31, 2025; entered separation agreement for consulting Jan 1–Jun 30, 2026.
- Evers receives $250,000 in 12 monthly installments of $20,833.33 plus COBRA premium reimbursement through Dec 2026.
- Director Richard Schurfeld resigned Jan 2, 2026 for personal reasons, no disagreement with management/board.
- Director David May appointed to Audit, Compensation, Nominating & Governance Committees; named chair of Nominating & Governance.
- Separation agreement includes standard non-disclosure, non-disparagement, and general release of claims.