MarketWise appoints Erik Mickels as CFO effective August 15, 2023

MARKETWISE, INC.

Erik Mickels appointed CFO; succeeds interim CFO Stephen M. Park who steps down on Aug 15, 2023.
Annual base salary of $500,000; initial equity grant of 500,000 RSUs (50% vest upon relocation to Baltimore by Dec 31, 2023, remainder on Mar 15, 2025 and Mar 15, 2026).
Eligible for additional 100,000 RSU grant if stock price reaches $6 for 20 consecutive trading days within four years.
For 2023, cash incentive bonus no less than $500,000; for 2024, no less than $600,000 if net income > $90M, otherwise $500,000.
Relocation bonus of $300,000 subject to pro rata repayment if employment ends within 12 months of payment.

item 5.02 item 7.01 item 9.01

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Appointed

Erik Mickels

Chief Financial Officer

MKTW · MARKETWISE, INC.

Effective: 2023-08-15
Filed: July 6, 2023, 7:59 PM ET

MarketWise, Inc. (the “Company” or “MarketWise”) has appointed Erik Mickels as Chief Financial Officer of the Company, effective August 15, 2023

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Erik Mickels was appointed as Chief Financial Officer at MARKETWISE, INC..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

MarketWise, Inc. (the “Company” or “MarketWise”) has appointed Erik Mickels as Chief Financial Officer of the Company, effective August 15, 2023

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MARKETWISE, INC. filing history →

Source: SEC EDGAR

accession 0001628280-23-024473

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