Phil Rodoni steps down as Rubicon CEO; Osman Ahmed appointed interim CEO

Rubicon Technologies, Inc.

Phil Rodoni resigned as CEO effective June 28, 2024; Separation Agreement dated June 27.
Osman Ahmed, formerly lead independent director, appointed interim CEO effective June 28.
Ahmed is Co-Founder of New Circle Capital and Senior Advisor at 10X Capital with 15+ years experience.
Rubicon stock suspended from NYSE on June 7, 2024, now trades on OTC Pink under RBTC.
In May 2024, Rubicon sold fleet technology business for $61.7M upfront cash plus $12.5M earnout.

item 5.02 item 7.01 item 9.01

Executive movements

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Appointed (interim)

Osman H. Ahmed

Interim Chief Executive Officer

Rubicon Technologies, Inc.

Effective: 2024-06-28
Filed: July 1, 2024, 7:59 PM ET

On June 27, 2024, the Company entered into an Employment Agreement (the “Employment Agreement”) entered into between the Company and Mr. Osman H. Ahmed, wherein the Company offered Mr. Ahmed the position of Interim Chief Executive Officer.

Departed

Phil Rodoni

Chief Executive Officer

Rubicon Technologies, Inc.

Effective: 2024-06-28
Successor: Osman H. Ahmed
Filed: July 1, 2024, 7:59 PM ET

On June 27, 2024, Mr. Phil Rodoni and the Company entered into a Separation Agreement (the “Separation Agreement”) wherein Mr. Rodoni resigned from his role as Chief Executive Officer of Rubicon Technologies, Inc. (the “Company”), effective June 28, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Osman H. Ahmed was appointed as Interim Chief Executive Officer at Rubicon Technologies, Inc..

Action: appointed
Role: Interim Chief Executive Officer

Exact text from the filing

On June 27, 2024, the Company entered into an Employment Agreement (the “Employment Agreement”) entered into between the Company and Mr. Osman H. Ahmed, wherein the Company offered Mr. Ahmed the position of Interim Chief Executive Officer.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Phil Rodoni resigned as Chief Executive Officer at Rubicon Technologies, Inc..

Action: resigned
Role: Chief Executive Officer

Exact text from the filing

On June 27, 2024, Mr. Phil Rodoni and the Company entered into a Separation Agreement (the “Separation Agreement”) wherein Mr. Rodoni resigned from his role as Chief Executive Officer of Rubicon Technologies, Inc. (the “Company”), effective June 28, 2024.

View on SEC.gov

Source: SEC EDGAR

accession 0001829126-24-004504

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