IZEA CEO and COO depart; Patrick Venetucci named new CEO and Lindsay Gardner Chairman

IZEA Worldwide, Inc.

CEO Ted Murphy resigns effective Sep 15, 2024; receives $425K severance over 12 months plus equity vesting.
President/COO Ryan Schram resigns effective Sep 15, 2024; receives $400K severance over 12 months plus equity vesting.
Board appoints Patrick Venetucci as CEO; base salary $450K, 980,800 RSUs (time- and performance-based), eligible for 75% bonus.
Lindsay Gardner named Chairman of Board; receives additional $20K annual retainer.
Both departing executives to assist transition through Oct 31, 2024; no disagreement cited.

item 5.02 item 7.01 item 9.01

Executive movements

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

Departed

Ryan S. Schram

President and Chief Operating Officer

IZEA · IZEA Worldwide, Inc.

Effective: 2024-09-15
Filed: September 10, 2024, 7:59 PM ET

Mr. Schram, a named executive officer, will resign as the Company’s President, Chief Operating Officer and as a Director on the Board effective on the Separation Date.

Departed

Ted Murphy

Chief Executive Officer and Chairman

IZEA · IZEA Worldwide, Inc.

Effective: 2024-09-15
Filed: September 10, 2024, 7:59 PM ET

Mr. Murphy, a named executive officer, will resign as the Company’s Chief Executive Officer and as Chairman of the Company’s Board of Directors (the “Board”) effective September 15, 2024

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Ryan S. Schram resigned as President and Chief Operating Officer at IZEA Worldwide, Inc..

Action: resigned
Role: President and Chief Operating Officer

Exact text from the filing

Mr. Schram, a named executive officer, will resign as the Company’s President, Chief Operating Officer and as a Director on the Board effective on the Separation Date.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Ted Murphy resigned as Chief Executive Officer and Chairman at IZEA Worldwide, Inc..

Action: resigned
Role: Chief Executive Officer and Chairman

Exact text from the filing

Mr. Murphy, a named executive officer, will resign as the Company’s Chief Executive Officer and as Chairman of the Company’s Board of Directors (the “Board”) effective September 15, 2024

View on SEC.gov

IZEA Worldwide, Inc. filing history →

Source: SEC EDGAR

accession 0001495231-24-000172

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