leadership
confidence high
sentiment neutral
materiality 0.60
Trade Desk, Inc. (TTD): Nasdaq/NYSE listing notice — Trade Desk appoints Drew Vollero to board; warns of Nasdaq noncompliance after two director resignations
Trade Desk, Inc.
- Alexander Kayyal and Kathryn Falberg resigned from board effective March 19 and 23, 2026; no disagreement.
- Nasdaq issued noncompliance notice for failing audit/comp committee independence rules; cure period until Sept 21, 2026.
- Andrew Vollero, CFO of Reddit, appointed to board and audit committee effective Apr 3, 2026; fills vacancy from Rajaram.
- Alexander Kayyal to receive $400,000 relocation payment under separation agreement after CFO departure.
- Vollero to receive $50k annual board retainer, $12.5k audit fee, and equity grants valued at $290k initial and $290k prorated.