Intrusion appoints Anthony Scott as President and CEO, effective Nov 15, 2021

INTRUSION INC

Scott replaces Tony LeVecchio, who served as interim principal executive officer since Aug 4, 2021; LeVecchio remains Board Chair.
Compensation: $425,000 annual salary, $75,000 sign-on restricted stock (2-year vest), bonus up to 200% of salary, LTIP eligibility.
Scott previously served as U.S. Federal CIO under President Obama and CIO at VMware, Microsoft, and Disney.
Employment term is two years through Nov 15, 2023, with automatic one-year renewal unless 60-day non-renewal notice given.
Board will nominate Scott for a director seat at the next annual meeting of stockholders.

item 5.02 item 9.01

Executive movements

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Role change

Tony LeVecchio

Executive Chairman of the Board

INTZ · INTRUSION INC

Successor: Anthony Scott
Filed: November 17, 2021, 6:59 PM ET

Mr. LeVecchio, currently serving as the Company’s Board Chair, had been serving in the role of the Company’s principal executive officer under the title “Executive Chairman of the Board” in an interim capacity since August 4, 2021.

Appointed

Anthony Scott

President and Chief Executive Officer

INTZ · INTRUSION INC

Filed: November 17, 2021, 6:59 PM ET

On November 11, 2021, the Board of Directors (the “ Board ”) of Intrusion Inc. (the “ Company ”), appointed Mr. Anthony Scott as the Company’s President and Chief Executive Officer, effectively replacing Mr. Tony LeVecchio 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

Tony LeVecchio changed role as Executive Chairman of the Board at INTRUSION INC.

Action: replaced
Role: Executive Chairman of the Board

Exact text from the filing

Mr. LeVecchio, currently serving as the Company’s Board Chair, had been serving in the role of the Company’s principal executive officer under the title “Executive Chairman of the Board” in an interim capacity since August 4, 2021.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Anthony Scott was appointed as President and Chief Executive Officer at INTRUSION INC.

Action: appointed
Role: President and Chief Executive Officer

Exact text from the filing

On November 11, 2021, the Board of Directors (the “ Board ”) of Intrusion Inc. (the “ Company ”), appointed Mr. Anthony Scott as the Company’s President and Chief Executive Officer, effectively replacing Mr. Tony LeVecchio as the Company’s “principal executive officer”

View on SEC.gov

INTRUSION INC filing history →

Source: SEC EDGAR

accession 0001683168-21-005772

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