Lovesac names Keith Siegner new CFO as Donna Dellomo retires; CSO Jack Krause also retires

Lovesac Co

Donna Dellomo retires as EVP and CFO effective June 30, 2023, will serve as Senior Strategic Advisor for up to 12 months at $50k monthly retainer.
Keith Siegner appointed EVP and CFO effective June 30; base salary $450k, target annual incentive 55%, signing bonus $50k, RSU grants totaling ~$1.5M.
Jack Krause retires as Chief Strategy Officer effective June 30, remains on Board; receives pro-rata bonus and annual RSU grant of $125k.
Dellomo's separation includes pro-rata cash bonus, 12-month COBRA subsidy, and extended stock option exercise period.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Keith Siegner

Executive Vice President and Chief Financial Officer

LOVE · Lovesac Co

Effective: 2023-06-30
Filed: June 7, 2023, 7:59 PM ET

On June 1, 2023, the Board of Directors (the “Board”) of the Company appointed Mr. Keith Siegner to serve as Executive Vice President and Chief Financial Officer of the Company, effective June 30, 2023.

Departed

Donna Dellomo

Chief Financial Officer

LOVE · Lovesac Co

Effective: 2023-06-30
Successor: Keith Siegner
Filed: June 7, 2023, 7:59 PM ET

On June 1, 2023, Ms. Donna Dellomo, the Chief Financial Officer, principal accounting officer, Secretary and Treasurer of The Lovesac Company (the “Company”) informed the Company that she will resign from her role effective June 30, 2023.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Keith Siegner was appointed as Executive Vice President and Chief Financial Officer at Lovesac Co.

Action: appointed
Role: Executive Vice President and Chief Financial Officer

Exact text from the filing

On June 1, 2023, the Board of Directors (the “Board”) of the Company appointed Mr. Keith Siegner to serve as Executive Vice President and Chief Financial Officer of the Company, effective June 30, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Donna Dellomo resigned as Chief Financial Officer at Lovesac Co.

Action: resigned
Role: Chief Financial Officer

Exact text from the filing

On June 1, 2023, Ms. Donna Dellomo, the Chief Financial Officer, principal accounting officer, Secretary and Treasurer of The Lovesac Company (the “Company”) informed the Company that she will resign from her role effective June 30, 2023.

View on SEC.gov

Lovesac Co filing history →

Source: SEC EDGAR

accession 0001628280-23-021164

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