secwatch.observer — SEC 8-K summary
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Issuer:     Marqeta, Inc. (MQ)
CIK:        0001522540
Form:       8-K
Filed at:   2023-01-26T23:59:59+00:00
Accession:  0001522540-23-000004
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Marqeta names Simon Khalaf as CEO effective Jan 31; founder Gardner becomes Executive Chairman
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- Simon Khalaf appointed CEO and board member starting Jan 31, 2023; base salary $575k, 100% bonus target, RSUs and options each valued ~$7.625M vesting over ~3 years.
- Founder Jason Gardner steps down as CEO but becomes Executive Chairman with $330k base salary and 75% bonus target.
- Todd Pollack named Chief Revenue Officer, effective Jan 31; previously Chief Commercial Officer at Ancestry and 13 years at Google.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1522540/000152254023000004/0001522540-23-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1522540/000152254023000004/mq-20230126.htm
  HTML page:      https://secwatch.observer/filing/0001522540-23-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer