---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-000088"
form_type: "8-K/A"
ticker: "MKTW"
cik: "0001805651"
company_name: "MARKETWISE, INC."
filed_at: "2023-01-03T23:59:59+00:00"
generated_at: "2026-06-20T20:58:51.747579+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# MarketWise appoints Stephen Sjuggerud as interim CEO with $750K base salary

## Summary
- Dr. Stephen Sjuggerud appointed interim CEO effective November 22, 2022.
- Will receive annual base salary of $750,000 for interim CEO role.
- Guaranteed minimum salary of $375K if terminated without cause before 6 months, $750K if after 6 months but before 12 months.
- Eligible for discretionary bonuses up to $375K each at 6-month and 12-month milestones.
- Compensation terms supplement existing May 2015 employment agreement.

## SEC filing metadata
- accession: 0001628280-23-000088
- form_type: 8-K/A
- ticker: MKTW
- cik: 0001805651
- company_name: MARKETWISE, INC.
- filed_at: 2023-01-03T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1805651/000162828023000088/0001628280-23-000088-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1805651/000162828023000088/mktw-20221122.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-000088
- JSON: https://secwatch.observer/filing/0001628280-23-000088.json
- Plain text: https://secwatch.observer/filing/0001628280-23-000088.txt

## Key facts
- Executive change
  Stephen Sjuggerud was appointed as interim Chief Executive Officer at MARKETWISE, INC..
  - Action: appointed
  - Role: interim Chief Executive Officer
  source text: On November 22, 2022, the Board of Directors (the “Board”) of MarketWise, Inc. (the “Company”) appointed Dr. Stephen Sjuggerud to serve as interim Chief Executive Officer (“Interim CEO”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1805651/000162828023000088/0001628280-23-000088-index.htm

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