---
schema_version: "secwatch.filing_event.v1"
accession: "0001495231-24-000172"
form_type: "8-K"
ticker: "IZEA"
cik: "0001495231"
company_name: "IZEA Worldwide, Inc."
filed_at: "2024-09-10T23:59:59+00:00"
generated_at: "2026-05-31T05:36:59.832878+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001495231-24-000172
- form_type: 8-K
- ticker: IZEA
- cik: 0001495231
- company_name: IZEA Worldwide, Inc.
- filed_at: 2024-09-10T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1495231/000149523124000172/0001495231-24-000172-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1495231/000149523124000172/izea-20240906.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001495231-24-000172
- JSON: https://secwatch.observer/filing/0001495231-24-000172.json
- Plain text: https://secwatch.observer/filing/0001495231-24-000172.txt

## Key facts
- Executive change
  Ryan S. Schram resigned as President and Chief Operating Officer at IZEA Worldwide, Inc..
  - Action: resigned
  - Role: President and Chief Operating Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1495231/000149523124000172/0001495231-24-000172-index.htm
- Executive change
  Ted Murphy resigned as Chief Executive Officer and Chairman at IZEA Worldwide, Inc..
  - Action: resigned
  - Role: Chief Executive Officer and Chairman
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1495231/000149523124000172/0001495231-24-000172-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.