Bowlero appoints Lev Ekster as President; base salary $725k, stock option for 154,815 shares

Lucky Strike Entertainment Corp

Lev Ekster, 40, promoted to President effective Jan 15, 2024; previously Chief Strategy Officer.
Annual base salary $725,000; target bonus equal to 50% of base salary.
Nonqualified stock option granted to purchase 154,815 shares vesting over three years at exercise prices of $15.41, $17.91, $20.41 per third.
Thomas Shannon remains Chairman and CEO; Ekster will oversee daily center operations.
Ekster joined Bowlero in 2013; led PBA growth and amusements revenue from under $35M to over $100M.

item 5.02 item 8.01 item 9.01

Executive movements

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Role change

Lev Ekster

President

LUCK · Lucky Strike Entertainment Corp

Effective: 2024-01-15
Filed: January 18, 2024, 6:59 PM ET

On January 12, 2024, Bowlero Corp. (the “Company”) appointed Lev Ekster, 40, to serve as President of the Company, effective January 15, 2024.

Role change

Thomas Shannon

President

LUCK · Lucky Strike Entertainment Corp

Effective: 2024-01-15
Successor: Lev Ekster
Filed: January 18, 2024, 6:59 PM ET

Mr. Ekster succeeds Thomas Shannon in the position of President, while Mr. Shannon remains the Company’s Chairman and Chief Executive Officer.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Lev Ekster was appointed as President at Lucky Strike Entertainment Corp.

Action: appointed
Role: President

Exact text from the filing

On January 12, 2024, Bowlero Corp. (the “Company”) appointed Lev Ekster, 40, to serve as President of the Company, effective January 15, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.8

Thomas Shannon changed role as President at Lucky Strike Entertainment Corp.

Role: President

Exact text from the filing

Mr. Ekster succeeds Thomas Shannon in the position of President, while Mr. Shannon remains the Company’s Chairman and Chief Executive Officer.

View on SEC.gov

Lucky Strike Entertainment Corp filing history →

Source: SEC EDGAR

accession 0001628280-24-001704

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