Clifford Press resigns as CEO and President; COO Martin McNulty appointed interim CEO

ACACIA RESEARCH CORP

Clifford Press resigned as CEO, President, and Board member, effective November 1, 2022.
Resignation was not due to any disagreement with the Company on operations, policies, or practices.
Martin D. McNulty Jr., current COO and Head of M&A, appointed interim CEO and Principal Executive Officer.
Board intends to commence a search for a permanent successor; no changes to McNulty's compensation currently planned.
No family relationships or transactions requiring disclosure under Item 404(a) exist.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed (interim)

Martin D. McNulty Jr.

interim Chief Executive Officer

ACTG · ACACIA RESEARCH CORP

Effective: 2022-11-01
Filed: November 7, 2022, 6:59 PM ET

Effective November 1, 2022, Martin D. McNulty Jr., the Company’s current Chief Operating Officer and Head of M&A, was appointed interim Chief Executive Officer of the Company and will serve as the Principal Executive Officer of the Company.

Departed

Clifford Press

Member of the Board of Directors

ACTG · ACACIA RESEARCH CORP

Effective: 2022-11-01
Filed: November 7, 2022, 6:59 PM ET

Effective November 1, 2022, Clifford Press resigned as the Chief Executive Officer and President of Acacia Research Corporation, a Delaware corporation (the “ Company ”), and as a member of the Board of Directors of the Company (the “ Board ”).

Departed

Clifford Press

Chief Executive Officer and President

ACTG · ACACIA RESEARCH CORP

Effective: 2022-11-01
Successor: Martin D. McNulty Jr.
Filed: November 7, 2022, 6:59 PM ET

Effective November 1, 2022, Clifford Press resigned as the Chief Executive Officer and President of Acacia Research Corporation, a Delaware corporation (the “ Company ”), and as a member of the Board of Directors of the Company (the “ Board ”).

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Martin D. McNulty Jr. was appointed as interim Chief Executive Officer at ACACIA RESEARCH CORP.

Action: appointed
Role: interim Chief Executive Officer

Exact text from the filing

Effective November 1, 2022, Martin D. McNulty Jr., the Company’s current Chief Operating Officer and Head of M&A, was appointed interim Chief Executive Officer of the Company and will serve as the Principal Executive Officer of the Company.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Clifford Press resigned as Member of the Board of Directors at ACACIA RESEARCH CORP.

Action: resigned
Role: Member of the Board of Directors

Exact text from the filing

Effective November 1, 2022, Clifford Press resigned as the Chief Executive Officer and President of Acacia Research Corporation, a Delaware corporation (the “ Company ”), and as a member of the Board of Directors of the Company (the “ Board ”).

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Clifford Press resigned as Chief Executive Officer and President at ACACIA RESEARCH CORP.

Action: resigned
Role: Chief Executive Officer and President

Exact text from the filing

Effective November 1, 2022, Clifford Press resigned as the Chief Executive Officer and President of Acacia Research Corporation, a Delaware corporation (the “ Company ”), and as a member of the Board of Directors of the Company (the “ Board ”).

View on SEC.gov

ACACIA RESEARCH CORP filing history →

Source: SEC EDGAR

accession 0001683168-22-007358

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.