Duolingo appoints Mario Schlosser to board, replacing Laela Sturdy

Duolingo, Inc.

Appointed as Class I director effective July 1, 2024; term expires at 2025 annual meeting.
Receives $35k annual cash retainer, prorated for 2024; initial RSU award of $360k vesting over 3 years.
Also eligible for annual RSU award of $180k, vesting on first anniversary or before next annual meeting.
Expected to enter standard indemnification agreement with Duolingo.

item 5.02

Executive movements

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Departed

Laela Sturdy

Class I director

DUOL · Duolingo, Inc.

Successor: Mario Schlosser
Filed: June 21, 2024, 7:59 PM ET

the vacancy created from Ms. Laela Sturdy’s departure

Appointed

Mario Schlosser

Class I director

DUOL · Duolingo, Inc.

Effective: 2024-07-01
Filed: June 21, 2024, 7:59 PM ET

On June 14, 2024, the Board of Directors (the “Board”) of Duolingo, Inc. (the “Company”) appointed Mario Schlosser to serve as a Class I director on the Company’s Board to fill the vacancy created from Ms. Laela Sturdy’s departure, effective as of July 1, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.85

Laela Sturdy departed as Class I director at Duolingo, Inc..

Action: departed
Role: Class I director

Exact text from the filing

the vacancy created from Ms. Laela Sturdy’s departure

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Mario Schlosser was appointed as Class I director at Duolingo, Inc..

Action: appointed
Role: Class I director

Exact text from the filing

On June 14, 2024, the Board of Directors (the “Board”) of Duolingo, Inc. (the “Company”) appointed Mario Schlosser to serve as a Class I director on the Company’s Board to fill the vacancy created from Ms. Laela Sturdy’s departure, effective as of July 1, 2024.

View on SEC.gov

Duolingo, Inc. filing history →

Source: SEC EDGAR

accession 0001562088-24-000172

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