Digimarc welcomes Ravi Kumar to Board of Directors, expands to 7 members

Digimarc CORP

Board increased from 6 to 7 and elected Ravi Kumar S, President of Infosys, effective June 28, 2021.
He receives $50,000 annual retainer (quarterly $12,500) and ~$200,000 in restricted stock vesting over 3 years.
Kumar leads Infosys Global Services, oversees consulting, BPM, and chairs boards of multiple Infosys subsidiaries.
Appointment supports Digimarc's strategic focus on digital transformation, AI, and global enterprise partnerships.

item 5.02 item 7.01 item 9.01

Executive movements

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Appointed

Ravi Kumar S

Director

DMRC · Digimarc CORP

Effective: 2021-06-28
Filed: July 2, 2021, 7:59 PM ET

On June 28, 2021, the Board of Directors of Digimarc Corporation (the “Company”) approved an increase in the size of the Board of Directors from six to seven members and elected the following individual to serve in the newly created seat until the next annual meeting of shareholders, at which time the Board of Directors intends to nominate him for election by the Company’s shareholders. ● Ravi Kumar S

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Ravi Kumar S was elected as Director at Digimarc CORP.

Action: elected
Role: Director

Exact text from the filing

On June 28, 2021, the Board of Directors of Digimarc Corporation (the “Company”) approved an increase in the size of the Board of Directors from six to seven members and elected the following individual to serve in the newly created seat until the next annual meeting of shareholders, at which time the Board of Directors intends to nominate him for election by the Company’s shareholders. ● Ravi Kumar S

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Digimarc CORP filing history →

Source: SEC EDGAR

accession 0001564590-21-035668

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