Intrusion CEO Blount resigns from board; receives $200K severance; LeVecchio named Executive Chairman

INTRUSION INC

Jack Blount resigned from the Board effective Aug 3, 2021; his employment ended July 19, 2021.
Severance: $200,000 paid in six monthly installments, plus health coverage through Jan 31, 2022.
Anthony J. LeVecchio, Board Chair, appointed Executive Chairman and principal executive officer on an interim basis.
Company is searching for a permanent CEO; LeVecchio will not serve on Audit or Compensation Committees during interim role.

item 5.02 item 9.01

Executive movements

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Departed

Jack B. Blount

Director

INTZ · INTRUSION INC

Effective: 2021-08-03
Filed: August 9, 2021, 7:59 PM ET

On August 3, 2021, Jack B. Blount resigned his position on the Board of Directors (the “ Board ”) of Intrusion, Inc. (the “ Company ”), effective as of that date.

Appointed (interim)

Anthony J. LeVecchio

Executive Chairman of the Board

INTZ · INTRUSION INC

Effective: 2021-08-04
Filed: August 9, 2021, 7:59 PM ET

On August 4, 2021, the Board appointed Anthony J. LeVecchio, currently its Chair, as the Company’s “Executive Chairman of the Board” to act as the Company’s “principal executive officer,”

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Jack B. Blount resigned as Director at INTRUSION INC.

Action: resigned
Role: Director

Exact text from the filing

On August 3, 2021, Jack B. Blount resigned his position on the Board of Directors (the “ Board ”) of Intrusion, Inc. (the “ Company ”), effective as of that date.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Anthony J. LeVecchio was appointed as Executive Chairman of the Board at INTRUSION INC.

Action: appointed
Role: Executive Chairman of the Board

Exact text from the filing

On August 4, 2021, the Board appointed Anthony J. LeVecchio, currently its Chair, as the Company’s “Executive Chairman of the Board” to act as the Company’s “principal executive officer,”

View on SEC.gov

INTRUSION INC filing history →

Source: SEC EDGAR

accession 0001683168-21-003352

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