---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-038105"
form_type: "8-K"
ticker: "KPLT"
cik: "0001785424"
company_name: "Katapult Holdings, Inc."
filed_at: "2024-08-22T23:59:59+00:00"
generated_at: "2026-05-31T08:06:14.230060+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001628280-24-038105
- form_type: 8-K
- ticker: KPLT
- cik: 0001785424
- company_name: Katapult Holdings, Inc.
- filed_at: 2024-08-22T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1785424/000162828024038105/0001628280-24-038105-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1785424/000162828024038105/kplt-20240816.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-038105
- JSON: https://secwatch.observer/filing/0001628280-24-038105.json
- Plain text: https://secwatch.observer/filing/0001628280-24-038105.txt

## Key facts
- Executive change
  Derek Medlin changed role as President and Chief Growth Officer at Katapult Holdings, Inc..
  - Action: promoted
  - Role: President and Chief Growth Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1785424/000162828024038105/0001628280-24-038105-index.htm

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