---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-034713"
form_type: "8-K"
ticker: "MKTW"
cik: "0001805651"
company_name: "MARKETWISE, INC."
filed_at: "2023-10-19T23:59:59+00:00"
generated_at: "2026-06-09T21:01:54.335656+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# MarketWise terminates CDO Marco Ferri without cause; transition consulting at $500/hr

## Summary
- Termination of Marco Ferri as Chief Corporate Development Officer without cause, effective October 13, 2023.
- Ferri eligible for lump-sum severance under MarketWise Executive Severance Plan after release revocation period.
- Consulting agreement for transition services at $500 per hour, terminable by either party with ten days' notice.
- Ferri remains eligible for previously earned but unpaid acquisition transaction bonus payments.

## SEC filing metadata
- accession: 0001628280-23-034713
- form_type: 8-K
- ticker: MKTW
- cik: 0001805651
- company_name: MARKETWISE, INC.
- filed_at: 2023-10-19T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1805651/000162828023034713/0001628280-23-034713-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1805651/000162828023034713/mktw-20231013.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-034713
- JSON: https://secwatch.observer/filing/0001628280-23-034713.json
- Plain text: https://secwatch.observer/filing/0001628280-23-034713.txt

## Key facts
- Executive change
  Marco Ferri was terminated as Chief Corporate Development Officer at MARKETWISE, INC..
  - Action: terminated
  - Role: Chief Corporate Development Officer
  source text: On October 18, 2023, MarketWise, Inc. (the “Company”) announced the termination of Marco Ferri as Chief Corporate Development Officer of the Company without cause, effective October 13, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1805651/000162828023034713/0001628280-23-034713-index.htm

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