Enviva replaces CFO: Shai Even out, Glenn Nunziata appointed effective August 29, 2023
Enviva Inc.
Shai Even separated as EVP & CFO on Aug 29, 2023; receives $245k cash, potential bonus up to 60% of $612,500 target, RSU vesting, COBRA.
Glenn Nunziata, former CFO of Smithfield Foods ($18B), appointed EVP & CFO effective Aug 29; salary $650k, target bonus 150%, initial RSU grant 300% of salary.
Nunziata brings 20+ years finance leadership; will focus on improving financial processes, cost structure, and profitability.
Press release cites 'difficult but necessary decisions' in H1 2023 and constructive pricing environment; expects to rebuild financial foundation.
Executive Vice President and Chief Financial Officer
Enviva Inc.
Effective
2023-08-29
Filed
August 30, 2023, 7:59 PM ET
On August 29, 2023, Glenn T. Nunziata was appointed to serve as Executive Vice President and Chief Financial Officer of the Company.
Departed
Shai S. Even
Executive Vice President and Chief Financial Officer
Enviva Inc.
Effective
2023-08-29
Successor
Glenn T. Nunziata
Filed
August 30, 2023, 7:59 PM ET
On August 30, 2023, Enviva Inc. (the “Company”) announced that Shai S. Even was separated from his position as Executive Vice President and Chief Financial Officer of the Company (and his role as the Company’s principal accounting officer), effective as of August 29, 2023.
Key facts
Extracted from this filing and checked against the source text.
Executive changeSEC 8-K Item 5.02confidence 1.0
Glenn T. Nunziata was appointed as Executive Vice President and Chief Financial Officer at Enviva Inc..
Action
appointed
Role
Executive Vice President and Chief Financial Officer
Exact text from the filing
On August 29, 2023, Glenn T. Nunziata was appointed to serve as Executive Vice President and Chief Financial Officer of the Company.
Shai S. Even departed as Executive Vice President and Chief Financial Officer at Enviva Inc..
Action
separated
Role
Executive Vice President and Chief Financial Officer
Exact text from the filing
On August 30, 2023, Enviva Inc. (the “Company”) announced that Shai S. Even was separated from his position as Executive Vice President and Chief Financial Officer of the Company (and his role as the Company’s principal accounting officer), effective as of August 29, 2023.
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