Latch CFO Garth Mitchell to depart May 10; Barry Schaeffer named interim CFO; Junji Nakamura appointed CAO

Latch, Inc.

CFO Garth Mitchell transitioning out; last day May 10, 2022; will serve as advisor through Aug 5, 2022.
Barry Schaeffer, SVP Finance since Aug 2021, appointed interim CFO effective March 28, 2022.
Junji Nakamura appointed Chief Accounting Officer; previously SVP Corporate Controller.
COO Ali Hussain steps down as executive officer but retains title; CEO Luke Schoenfelder takes on principal operating officer duties.
Company begins search for new CFO; Mitchell receives transition compensation of $452,000 plus accelerated vesting.

item 5.02 item 7.01 item 9.01

Executive movements

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

Departed

Garth Mitchell

Chief Financial Officer and Treasurer

LTCH · Latch, Inc.

Effective: 2022-05-10
Successor: Barry Schaeffer
Filed: March 29, 2022, 7:59 PM ET

Latch, Inc. (the “Company”) and Garth Mitchell, Chief Financial Officer and Treasurer, reached an agreement to enable Mr. Mitchell to transition out of the Company to pursue other opportunities, with Mr. Mitchell’s last date of employment being May 10, 2022.

Appointed (interim)

Barry Schaeffer

Interim Chief Financial Officer and Treasurer

LTCH · Latch, Inc.

Effective: 2022-03-28
Filed: March 29, 2022, 7:59 PM ET

On March 28, 2022, the Board of Directors of the Company (the “Board”) appointed Mr. Schaeffer to serve as Interim Chief Financial Officer and Treasurer of the Company, effective as of March 28, 2022.

Appointed

Junji Nakamura

Chief Accounting Officer

LTCH · Latch, Inc.

Effective: 2022-03-28
Filed: March 29, 2022, 7:59 PM ET

On March 28, 2022, the Board appointed Junji Nakamura to serve as Chief Accounting Officer of the Company, effective as of March 28, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Garth Mitchell changed role as Chief Financial Officer and Treasurer at Latch, Inc..

Action: transition out
Role: Chief Financial Officer and Treasurer

Exact text from the filing

Latch, Inc. (the “Company”) and Garth Mitchell, Chief Financial Officer and Treasurer, reached an agreement to enable Mr. Mitchell to transition out of the Company to pursue other opportunities, with Mr. Mitchell’s last date of employment being May 10, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Barry Schaeffer was appointed as Interim Chief Financial Officer and Treasurer at Latch, Inc..

Action: appointed
Role: Interim Chief Financial Officer and Treasurer

Exact text from the filing

On March 28, 2022, the Board of Directors of the Company (the “Board”) appointed Mr. Schaeffer to serve as Interim Chief Financial Officer and Treasurer of the Company, effective as of March 28, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Junji Nakamura was appointed as Chief Accounting Officer at Latch, Inc..

Action: appointed
Role: Chief Accounting Officer

Exact text from the filing

On March 28, 2022, the Board appointed Junji Nakamura to serve as Chief Accounting Officer of the Company, effective as of March 28, 2022.

View on SEC.gov

Latch, Inc. filing history →

Source: SEC EDGAR

accession 0001826000-22-000031

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.