---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-038668"
form_type: "8-K"
ticker: null
cik: "0001725134"
company_name: "Digital Media Solutions, Inc."
filed_at: "2023-11-13T23:59:59+00:00"
generated_at: "2026-06-08T05:17:24.904658+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Digital Media Solutions appoints Vanessa Guzmán-Clark as CFO and Fernando Borghese as President

## Summary
- Vanessa Guzmán-Clark, interim CFO since April 2023, formally appointed CFO effective Nov 7, 2023; annual base salary of $380,000.
- Fernando Borghese, COO, appointed President; CEO Joseph Marinucci relinquishes President title; no compensation changes.
- Guzmán-Clark eligible for 12-month base salary severance and COBRA premium if terminated without cause or for good reason.
- She is a Florida CPA with 22+ years of experience, previously CFO of Legacy Education Alliance.

## SEC filing metadata
- accession: 0001628280-23-038668
- form_type: 8-K
- cik: 0001725134
- company_name: Digital Media Solutions, Inc.
- filed_at: 2023-11-13T23:59:59+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/1725134/000162828023038668/0001628280-23-038668-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1725134/000162828023038668/dms-20231107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-038668
- JSON: https://secwatch.observer/filing/0001628280-23-038668.json
- Plain text: https://secwatch.observer/filing/0001628280-23-038668.txt

## Key facts
- Executive change
  Fernando Borghese was appointed as President at Digital Media Solutions, Inc..
  - Action: appointed
  - Role: President
  source text: Mr. Fernando Borghese, the Company’s Chief Operating Officer, was appointed President of the Company
  evidence_url: https://www.sec.gov/Archives/edgar/data/1725134/000162828023038668/0001628280-23-038668-index.htm
- Executive change
  Joseph Marinucci changed role as President at Digital Media Solutions, Inc..
  - Action: relinquished
  - Role: President
  source text: Mr. Joseph Marinucci relinquished that title while remaining the Company’s Chief Executive Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1725134/000162828023038668/0001628280-23-038668-index.htm
- Executive change
  Vanessa Guzmán-Clark was appointed as Chief Financial Officer at Digital Media Solutions, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: appointed Vanessa Guzmán-Clark, 43, as the Company’s Chief Financial Officer, effective November 7, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1725134/000162828023038668/0001628280-23-038668-index.htm

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