Marchex appoints Edwin Miller as CEO; Polley becomes President; Horowitz and Arends in new roles

MARCHEX INC

Edwin Miller named CEO effective Feb 3, 2023; base salary $425,000, bonus target $376,250, and 675,000 stock options.
Ryan Polley promoted to President, retains COO role; oversees product, engineering, and AI strategy.
Russell Horowitz steps down as Co-CEO, remains Chairman under a one-year consulting agreement at $21,250/month.
Michael Arends, former Co-CEO, named Vice Chairman; continues as principal financial officer.
John Roswech resigns as CRO; will consult for six months at $33,333/month plus 50,000 restricted shares.

item 1.01 item 5.02 item 9.01

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Appointed

Edwin A. Miller

Chief Executive Officer

MCHX · MARCHEX INC

Effective: 2023-02-03
Filed: February 6, 2023, 6:59 PM ET

On February 6, 2023, Marchex, Inc. (“Marchex” or the “Company”) announced that Edwin A. Miller (“Miller”) joined Marchex as its Chief Executive Officer effective February 3, 2023 (the “Start Date”).

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Executive change SEC 8-K Item 5.02 confidence 0.95

Edwin A. Miller was appointed as Chief Executive Officer at MARCHEX INC.

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

On February 6, 2023, Marchex, Inc. (“Marchex” or the “Company”) announced that Edwin A. Miller (“Miller”) joined Marchex as its Chief Executive Officer effective February 3, 2023 (the “Start Date”).

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Source: SEC EDGAR

accession 0001564590-23-001476

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