---
schema_version: "secwatch.filing_event.v1"
accession: "0001522540-22-000004"
form_type: "8-K"
ticker: "MQ"
cik: "0001522540"
company_name: "Marqeta, Inc."
filed_at: "2022-02-09T23:59:59+00:00"
generated_at: "2026-06-27T09:34:43.161024+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Marqeta CFO Faix resigns, appoints Visa veteran Milotich; Q4 revenue, EBITDA to beat guidance

## Summary
- Tripp Faix resigns as CFO effective Feb 22, 2022; personal decision, will remain advisor through Mar 31.
- Mike Milotich, former Visa SVP of IR and Corporate Finance, appointed CFO effective Feb 22, 2022.
- Milotich comp: $460k base salary, 75% bonus target, $100k signing bonus, $8M in equity (RSUs + options).
- Preliminary Q4 net revenue and adjusted EBITDA expected to exceed prior guidance on higher processing volumes.
- Full Q4 and FY 2021 results to be reported on March 9, 2022.

## SEC filing metadata
- accession: 0001522540-22-000004
- form_type: 8-K
- ticker: MQ
- cik: 0001522540
- company_name: Marqeta, Inc.
- filed_at: 2022-02-09T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1522540/000152254022000004/0001522540-22-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1522540/000152254022000004/mq-20220204.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001522540-22-000004
- JSON: https://secwatch.observer/filing/0001522540-22-000004.json
- Plain text: https://secwatch.observer/filing/0001522540-22-000004.txt

## Key facts
- Executive change
  Philip (Tripp) Faix resigned as Chief Financial Officer at Marqeta, Inc..
  - Action: resigned
  - Role: Chief Financial Officer
  source text: Philip (Tripp) Faix announced his resignation as Chief Financial Officer of the Company, effective as of the end of the day on February 22, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1522540/000152254022000004/0001522540-22-000004-index.htm
- Executive change
  Mike Milotich was appointed as Chief Financial Officer at Marqeta, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: Mike Milotich, 45, was appointed as its Chief Financial Officer, effective as of the end of the day February 22, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1522540/000152254022000004/0001522540-22-000004-index.htm

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