---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-028574"
form_type: "8-K"
ticker: null
cik: "0001839132"
company_name: "Movella Holdings Inc."
filed_at: "2024-06-18T23:59:59+00:00"
generated_at: "2026-06-01T03:57:48.236757+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Movella appoints Eric Salzman as permanent CEO; salary $480k, target bonus $120k

## Summary
- Eric Salzman appointed permanent CEO effective June 11, 2024, after serving as interim CEO since Jan 1, 2024.
- Base salary of $480,000 annually plus target annual bonus up to $120,000 based on board-established goals.
- Severance includes lump sum of base salary plus annual bonus upon involuntary termination, subject to release.
- Company to adopt achievement bonus plan tied to consummation of qualifying sale or restructuring transaction.
- Employment is at-will; includes arbitration agreement and confidentiality obligations.

## SEC filing metadata
- accession: 0001628280-24-028574
- form_type: 8-K
- cik: 0001839132
- company_name: Movella Holdings Inc.
- filed_at: 2024-06-18T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1839132/000162828024028574/0001628280-24-028574-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1839132/000162828024028574/mvla-20240611.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-028574
- JSON: https://secwatch.observer/filing/0001628280-24-028574.json
- Plain text: https://secwatch.observer/filing/0001628280-24-028574.txt

## Key facts
- Executive change
  Eric Salzman was appointed as Chief Executive Officer at Movella Holdings Inc..
  - Action: appointed
  - Role: Chief Executive Officer
  source text: The Board has subsequently approved the appointment of Mr. Salzman as Chief Executive Officer on a permanent, non-interim basis effective upon the execution of an employment agreement with Mr. Salzman on June 11, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1839132/000162828024028574/0001628280-24-028574-index.htm

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