Katapult promotes COO Derek Medlin to President and Chief Growth Officer, effective Aug 16, 2024

Katapult Holdings, Inc.

Medlin's base salary increased from $472,500 to $520,000; 2024 bonus target raised from 75% to 100%.
Medlin will lead business development, marketing & operations to accelerate gross originations and revenue growth.
Technology, legal & compliance teams will now report directly to CEO Orlando Zayas.
Medlin previously served as COO since 2018; under him origins grew seven consecutive quarters and LTM revenue >$230M.

item 5.02 item 9.01

Executive movements

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Role change

Derek Medlin

President and Chief Growth Officer

KPLT · Katapult Holdings, Inc.

Effective: 2024-08-16
Filed: August 22, 2024, 7:59 PM ET

Derek Medlin, age 41, the Chief Operating Officer of Katapult Holdings, Inc.’s (the “Company”) has been promoted to President and Chief Growth Officer, effective as of August 16, 2024.

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Executive change SEC 8-K Item 5.02 confidence 0.95

Derek Medlin changed role as President and Chief Growth Officer at Katapult Holdings, Inc..

Action: promoted
Role: President and Chief Growth Officer

Exact text from the filing

Derek Medlin, age 41, the Chief Operating Officer of Katapult Holdings, Inc.’s (the “Company”) has been promoted to President and Chief Growth Officer, effective as of August 16, 2024.

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Source: SEC EDGAR

accession 0001628280-24-038105

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