CFO Richard Tame's departure detailed: $201K severance, release of claims, benefits cessation

Aurora Innovation, Inc.

Severance payment of $201,236 (incl. $13,736 for COBRA) within 10 business days after effective date.
All benefit accrual and equity vesting ceased as of August 31, 2023.
Tame signed a general release of all claims, non-disparagement, confidentiality, and cooperation covenants.
David Maday signs as CFO; company previously reported departure on June 15, 2023 8-K.

item 5.02 item 9.01

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Departed

Richard Tame

Chief Financial Officer

AUR · Aurora Innovation, Inc.

Effective: 2023-08-31
Filed: September 1, 2023, 7:59 PM ET

On August 31, 2023, Aurora Operations, Inc., a wholly owned subsidiary of the Company, and Mr. Tame entered into a Separation Agreement and Release (the “Separation Agreement”).

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.9

Richard Tame departed as Chief Financial Officer at Aurora Innovation, Inc..

Action: departed
Role: Chief Financial Officer

Exact text from the filing

On August 31, 2023, Aurora Operations, Inc., a wholly owned subsidiary of the Company, and Mr. Tame entered into a Separation Agreement and Release (the “Separation Agreement”).

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Aurora Innovation, Inc. filing history →

Source: SEC EDGAR

accession 0001828108-23-000190

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