Marchex appoints Troy Hartless as Chief Revenue Officer with equity incentives and performance-based pay

MARCHEX INC

Hartless joined as CRO effective April 3, 2023; annual base salary $375,000.
Target bonus for 2023 of $350,000, based on revenue and adjusted OIBA targets; max 195% of target.
Received 200,000 performance shares with 5-year cliff and accelerated vesting triggers; 150,000 time-vesting options over 4 years.
Hartless previously served as COO of Govplace and CRO of Callis Communications.
Severance includes accelerated vesting and lump-sum payments for termination without cause or change in control.

item 1.01 item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Troy Hartless

Chief Revenue Officer

MCHX · MARCHEX INC

Effective: 2023-04-03
Filed: April 4, 2023, 7:59 PM ET

On April 4, 2023, Marchex, Inc. (“Marchex” or the “Company”) announced that Troy Hartless (“Hartless”) joined Marchex as its Chief Revenue Officer effective April 3, 2023 (the “Start Date”).

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Troy Hartless was appointed as Chief Revenue Officer at MARCHEX INC.

Action: appointed
Role: Chief Revenue Officer

Exact text from the filing

On April 4, 2023, Marchex, Inc. (“Marchex” or the “Company”) announced that Troy Hartless (“Hartless”) joined Marchex as its Chief Revenue Officer effective April 3, 2023 (the “Start Date”).

View on SEC.gov

MARCHEX INC filing history →

Source: SEC EDGAR

accession 0001564590-23-005366

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.