leadership
confidence high
sentiment neutral
materiality 0.60
Lemonade CFO Tim Bixby to transition to board; Nick Stead named new CFO effective Jan 1, 2027
Lemonade, Inc.
- Tim Bixby to step down as CFO and become Class III board member effective Jan 1, 2027.
- Nick Stead, current SVP Finance, appointed CFO effective Jan 1, 2027; will be principal financial and accounting officer.
- Stead previously served as VP Finance, SVP Finance, and was instrumental in IPO, secondary offering, and strategic acquisition.
- Transition agreement and compensation terms for both executives to be disclosed in a future 8-K amendment.
- No family relationships or material interests between Stead and any director or executive officer.