---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-23-005366"
form_type: "8-K"
ticker: "MCHX"
cik: "0001224133"
company_name: "MARCHEX INC"
filed_at: "2023-04-04T23:59:59+00:00"
generated_at: "2026-06-17T06:20:00.356903+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001564590-23-005366
- form_type: 8-K
- ticker: MCHX
- cik: 0001224133
- company_name: MARCHEX INC
- filed_at: 2023-04-04T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1224133/000156459023005366/0001564590-23-005366-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1224133/000156459023005366/mchx-8k_20230403.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-23-005366
- JSON: https://secwatch.observer/filing/0001564590-23-005366.json
- Plain text: https://secwatch.observer/filing/0001564590-23-005366.txt

## Key facts
- Executive change
  Troy Hartless was appointed as Chief Revenue Officer at MARCHEX INC.
  - Action: appointed
  - Role: Chief Revenue Officer
  source text: 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1224133/000156459023005366/0001564590-23-005366-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.