BigBear.ai terminates Chief Development Officer Joshua Kinley; pays $306k in severance

BigBear.ai Holdings, Inc.

Joshua Kinley terminated as Chief Development Officer effective Dec 30, 2022; position will not be replaced.
Kinley receives lump sum of $175,000 (6 months base salary), $131,250 (50% target bonus), and $10,515.12 for health premiums.
Unvested equity awards (RSUs and options) forfeited; 375,000 fully vested Class B units retained.
Kinley reaffirms restrictive covenants; separation agreement includes general release of claims.

item 5.02 item 9.01

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Departed

Joshua Kinley

Chief Development Officer

BBAI · BigBear.ai Holdings, Inc.

Effective: 2022-12-30
Filed: January 4, 2023, 6:59 PM ET

On December 30, 2022, BigBear.ai Holdings, Inc. (the “Company”) terminated the employment of Joshua Kinley, the Company's Chief Development Officer

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Executive change SEC 8-K Item 5.02 confidence 1.0

Joshua Kinley was terminated as Chief Development Officer at BigBear.ai Holdings, Inc..

Action: terminated
Role: Chief Development Officer

Exact text from the filing

On December 30, 2022, BigBear.ai Holdings, Inc. (the “Company”) terminated the employment of Joshua Kinley, the Company's Chief Development Officer

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BigBear.ai Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001628280-23-000256

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