TuSimple CLO James Mullen resigns; Susan Marsch interim GC; $500k retention bonus waived

TuSimple Holdings Inc.

James Mullen, Chief Legal & Administrative Officer, resigns effective Sept 30, 2022.
Susan Marsch named interim General Counsel effective Sept 6, 2022; veteran GC with 25+ years.
Separation agreement waives repayment of $500k retention bonus and provides 12 months salary continuation.
Extended option exercise period through Sept 2024; additional 12 months of equity vesting.
Mullen releases all claims against the company; non-disparagement clause included.

item 5.02 item 9.01

Executive movements

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Departed

James Mullen

Chief Legal and Administrative Officer

TSPH · TuSimple Holdings Inc.

Effective: 2022-09-30
Successor: Susan Marsch
Filed: September 6, 2022, 7:59 PM ET

On August 31, 2022, James Mullen, Chief Legal and Administrative Officer of TuSimple Holdings Inc. (“TuSimple” or the “Company”) notified the Company of his intent to resign from his position, effective September 30, 2022.

Appointed (interim)

Susan Marsch

interim General Counsel

TSPH · TuSimple Holdings Inc.

Effective: 2022-09-06
Filed: September 6, 2022, 7:59 PM ET

Susan Marsch will serve as interim General Counsel, effective September 6, 2022, until a permanent successor is appointed.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

James Mullen resigned as Chief Legal and Administrative Officer at TuSimple Holdings Inc..

Action: resigned
Role: Chief Legal and Administrative Officer

Exact text from the filing

On August 31, 2022, James Mullen, Chief Legal and Administrative Officer of TuSimple Holdings Inc. (“TuSimple” or the “Company”) notified the Company of his intent to resign from his position, effective September 30, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Susan Marsch was appointed as interim General Counsel at TuSimple Holdings Inc..

Action: appointed
Role: interim General Counsel

Exact text from the filing

Susan Marsch will serve as interim General Counsel, effective September 6, 2022, until a permanent successor is appointed.

View on SEC.gov

TuSimple Holdings Inc. filing history →

Source: SEC EDGAR

accession 0001628280-22-024360

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