---
schema_version: "secwatch.filing_event.v1"
accession: "0001826000-25-000005"
form_type: "8-K"
ticker: "LTCH"
cik: "0001826000"
company_name: "Latch, Inc."
filed_at: "2025-02-06T23:59:59+00:00"
generated_at: "2026-05-27T01:47:27.867187+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Latch appoints David Lillis CEO, Jeff Mayfield CFO; interim leaders step down as restatement ends

## Summary
- David Lillis named CEO (base $500k, target bonus 50%, cash program $300k/yr); previously SVP Finance.
- Jeff Mayfield named CFO (base $300k, target 50%, cash program $200k/yr); previously Controller.
- Priyen Patel expands to Chief Strategy & Legal Officer (base $375k, target 50%, cash program $300k/yr).
- Interim CEO Jason Keyes and interim CFO Marc Landy resign as planned after completing financial restatement in Dec 2024.
- Company expects to file overdue 2023 annual report in Q1 2025; stock to trade under ticker DOOR.

## SEC filing metadata
- accession: 0001826000-25-000005
- form_type: 8-K
- ticker: LTCH
- cik: 0001826000
- company_name: Latch, Inc.
- filed_at: 2025-02-06T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1826000/000182600025000005/0001826000-25-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1826000/000182600025000005/lat-20250204.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001826000-25-000005
- JSON: https://secwatch.observer/filing/0001826000-25-000005.json
- Plain text: https://secwatch.observer/filing/0001826000-25-000005.txt

## Key facts
- Executive change
  Priyen Patel was appointed as Chief Strategy and Legal Officer at Latch, Inc..
  - Action: appointed
  - Role: Chief Strategy and Legal Officer
  source text: appointed David Lillis as Chief Executive Officer, Jeff Mayfield as Chief Financial Officer and Priyen Patel as Chief Strategy and Legal Officer (collectively, the “Appointed Officers”), effective on the Announcement Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1826000/000182600025000005/0001826000-25-000005-index.htm
- Executive change
  Jeff Mayfield was appointed as Chief Financial Officer at Latch, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: appointed David Lillis as Chief Executive Officer, Jeff Mayfield as Chief Financial Officer and Priyen Patel as Chief Strategy and Legal Officer (collectively, the “Appointed Officers”), effective on the Announcement Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1826000/000182600025000005/0001826000-25-000005-index.htm
- Executive change
  David Lillis was appointed as Chief Executive Officer at Latch, Inc..
  - Action: appointed
  - Role: Chief Executive Officer
  source text: appointed David Lillis as Chief Executive Officer, Jeff Mayfield as Chief Financial Officer and Priyen Patel as Chief Strategy and Legal Officer (collectively, the “Appointed Officers”), effective on the Announcement Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1826000/000182600025000005/0001826000-25-000005-index.htm
- Executive change
  Jason Keyes resigned as Interim Chief Executive Officer at Latch, Inc..
  - Action: resigned
  - Role: Interim Chief Executive Officer
  source text: On February 4, 2025, Jason Keyes, Interim Chief Executive Officer, and Marc Landy, Interim Chief Financial Officer, provided notice of their resignations from their positions with the Company effective as of the Announcement Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1826000/000182600025000005/0001826000-25-000005-index.htm
- Executive change
  Marc Landy resigned as Interim Chief Financial Officer at Latch, Inc..
  - Action: resigned
  - Role: Interim Chief Financial Officer
  source text: On February 4, 2025, Jason Keyes, Interim Chief Executive Officer, and Marc Landy, Interim Chief Financial Officer, provided notice of their resignations from their positions with the Company effective as of the Announcement Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1826000/000182600025000005/0001826000-25-000005-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.