MarketWise appoints Dr. David Eifrig as permanent CEO; he had served as interim since Aug 2024

MARKETWISE, INC.

Dr. David Eifrig appointed permanent CEO effective May 23, 2025; interim CEO since August 2024.
Annual base salary of $850,000; eligible for annual bonus of 5% of net income exceeding $20 million.
Guaranteed minimum base salary payments of $1.275 million if terminated without cause within 18 months.
Change-in-control severance: 2x base salary + 2x target cash bonus + 18-month healthcare + equity acceleration.

item 5.02 item 7.01 item 9.01

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Appointed

Dr. David Eifrig

Chief Executive Officer

MKTW · MARKETWISE, INC.

Effective: 2025-05-23
Filed: May 27, 2025, 7:59 PM ET

On May 23, 2025, the Board voted to appoint Dr. David Eifrig as Chief Executive Officer on a permanent basis.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Dr. David Eifrig was appointed as Chief Executive Officer at MARKETWISE, INC..

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

On May 23, 2025, the Board voted to appoint Dr. David Eifrig as Chief Executive Officer on a permanent basis.

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MARKETWISE, INC. filing history →

Source: SEC EDGAR

accession 0001628280-25-027963

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