secwatch.observer — SEC 8-K summary
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Issuer:     CPI Card Group Inc. (PMTS)
CIK:        0001641614
Form:       8-K
Filed at:   2022-12-13T23:59:59+00:00
Accession:  0001558370-22-018605
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CPI Card Group promotes three executives to new leadership roles, including Chief Development Officer
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- Lane Dubin promoted to EVP and Chief Development and Digital Officer, leading new product and digital payment solutions.
- John Lowe promoted to EVP, End-to-End Payment Solutions, overseeing Personalization and Instant Issuance.
- Peggy O'Leary promoted to SVP Prepaid Solutions after serving as VP of Sales.
- Dubin's employment agreement includes severance of 1x base salary plus target bonus, and 2-year non-compete extension.
- All three report to CEO Scott Scheirman; changes effective December 7, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1641614/000155837022018605/0001558370-22-018605-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1641614/000155837022018605/pmts-20221207x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-018605

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