Bandwidth COO resigns effective July 1; Devesh Agarwal named Interim COO

Bandwidth Inc.

COO Anthony Bartolo resigned July 1; received accelerated vesting of 62,630 RSUs, forfeited 73,626 RSUs.
Bartolo also received a conditional award valued at $1,107,760 in RSUs (released March 14, 2025) and a 12-month healthcare stipend of $2,540/month (grossed up).
Devesh Agarwal, Chief Software Strategy Officer, appointed Interim COO effective July 1, 2024.
Agarwal's employment agreement: $350,000 base salary, 50% target bonus, severance of 12 months base plus target bonus if terminated without cause.
Agarwal is subject to 12-month non-compete and non-solicitation restrictions post-termination.

item 5.02

Executive movements

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Departed

Anthony F. Bartolo

Chief Operating Officer

BAND · Bandwidth Inc.

Effective: 2024-07-01
Successor: Devesh Agarwal
Filed: July 5, 2024, 7:59 PM ET

On July 1, 2024, Bandwidth Inc., a Delaware corporation (the “Company”), entered into a letter agreement (the “Bartolo Letter Agreement”) with Anthony F. Bartolo, the Company’s outgoing Chief Operating Officer, in connection with his resignation.

Appointed (interim)

Devesh Agarwal

Interim Chief Operating Officer

BAND · Bandwidth Inc.

Effective: 2024-07-01
Filed: July 5, 2024, 7:59 PM ET

On July 1, 2024, the Company appointed Devesh Agarwal, its Chief Software Strategy Officer, to serve in an additional capacity as its Interim Chief Operating Officer.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Anthony F. Bartolo resigned as Chief Operating Officer at Bandwidth Inc..

Action: resigned
Role: Chief Operating Officer

Exact text from the filing

On July 1, 2024, Bandwidth Inc., a Delaware corporation (the “Company”), entered into a letter agreement (the “Bartolo Letter Agreement”) with Anthony F. Bartolo, the Company’s outgoing Chief Operating Officer, in connection with his resignation.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Devesh Agarwal was appointed as Interim Chief Operating Officer at Bandwidth Inc..

Action: appointed
Role: Interim Chief Operating Officer

Exact text from the filing

On July 1, 2024, the Company appointed Devesh Agarwal, its Chief Software Strategy Officer, to serve in an additional capacity as its Interim Chief Operating Officer.

View on SEC.gov

Bandwidth Inc. filing history →

Source: SEC EDGAR

accession 0001514416-24-000127

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