leadership
confidence high
sentiment neutral
materiality 0.55
Owlet appoints Jonathan Harris as CEO; Workman becomes Executive Chair
Owlet, Inc.
- Kurt Workman resigns as CEO, transitions to Executive Chair effective Oct 1, 2025.
- Jonathan Harris appointed President and CEO; base salary $500k, bonus target 70% of salary.
- Workman receives accelerated vesting of 95,741 RSUs and $200k cash retainer as Executive Chair.
- Amended director comp program sets Executive Chair retainer at $200k cash + $200k equity annually.
- Harris enters amended offer letter with severance of 12 months base salary, prorated bonus, equity vesting.