secwatch.observer — SEC 8-K summary
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Issuer:     Klaviyo, Inc. (KVYO)
CIK:        0001835830
Form:       8-K
Filed at:   2025-08-29T23:59:59+00:00
Accession:  0001835830-25-000100
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Klaviyo appoints Chano Fernández as Interim Executive Officer effective Sept 1, 2025
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- Fernández, previously a Board member and Co-CEO of Eightfold.ai, will serve until Dec 31, 2025.
- He will receive a monthly salary of 61,618 GBP and a restricted stock unit award of $3.2M vesting Nov 15, 2025.
- Fernández relinquishes Compensation Committee chair; Tony Weisman appointed as Chair.
- Fernández reports to CEO Andrew Bialecki; his employment is terminable with one month notice.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1835830/000183583025000100/0001835830-25-000100-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1835830/000183583025000100/kvyo-20250829.htm
  HTML page:      https://secwatch.observer/filing/0001835830-25-000100

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer