Immoration names General Counsel Francis Jose as CEO, replacing Jared Smith

IMMERSION CORP

Jared Smith resigned as Interim CEO and VP Worldwide Sales effective Aug 30, 2021.
Francis Jose, previously General Counsel and SVP IP Licensing, appointed CEO effective Aug 30, 2021.
Base salary increased from $315,000 to $345,000; existing change-of-control severance terms unchanged.
2021 Executive Incentive Plan cancelled; Compensation Committee intends to design replacement programs.

item 5.02

Executive movements

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Role change

Francis Jose

Chief Executive Officer

IMMR · IMMERSION CORP

Effective: 2021-08-30
Filed: August 30, 2021, 7:59 PM ET

Francis Jose, the Company’s General Counsel, was appointed the Chief Executive Officer effective on August 30, 2021.

Departed (interim)

Jared Smith

Interim Chief Executive Officer and Vice President, Worldwide Sales

IMMR · IMMERSION CORP

Effective: 2021-08-30
Successor: Francis Jose
Filed: August 30, 2021, 7:59 PM ET

Effective as of August 30, 2021, Mr. Jared Smith resigned as Interim Chief Executive Officer and Vice President, Worldwide Sales of Immersion Corporation

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Francis Jose was appointed as Chief Executive Officer at IMMERSION CORP.

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

Francis Jose, the Company’s General Counsel, was appointed the Chief Executive Officer effective on August 30, 2021.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Jared Smith resigned as Interim Chief Executive Officer and Vice President, Worldwide Sales at IMMERSION CORP.

Action: resigned
Role: Interim Chief Executive Officer and Vice President, Worldwide Sales

Exact text from the filing

Effective as of August 30, 2021, Mr. Jared Smith resigned as Interim Chief Executive Officer and Vice President, Worldwide Sales of Immersion Corporation

View on SEC.gov

IMMERSION CORP filing history →

Source: SEC EDGAR

accession 0001628280-21-017782

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