KORE appoints Bruce Gordon as EVP & COO; $300k salary, 100k RSUs, $200k cash award

KORE Group Holdings, Inc.

Bruce Gordon named EVP & COO effective July 2, 2024; reports to Interim CEO Ron Totton.
Base salary $300k, target annual bonus 75% of base, 100k RSUs vesting over 4 years.
Also receives $200k long-term cash award: half time-vest, half performance-based.
Severance includes 12 months base salary, prorated bonus, and accelerated equity on qualifying termination.
5-year initial term with auto-renew; 24-month non-compete and non-solicitation covenants.

item 5.02 item 7.01 item 9.01

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Appointed

Bruce Gordon

Executive Vice President & Chief Operating Officer

KORE · KORE Group Holdings, Inc.

Effective: 2024-07-02
Filed: July 8, 2024, 7:59 PM ET

On July 8, 2024, KORE Group Holdings, Inc. (the “Company”) announced that Bruce Gordon was appointed to the newly created role of Executive Vice President & Chief Operating Officer.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Bruce Gordon was appointed as Executive Vice President & Chief Operating Officer at KORE Group Holdings, Inc..

Action: appointed
Role: Executive Vice President & Chief Operating Officer

Exact text from the filing

On July 8, 2024, KORE Group Holdings, Inc. (the “Company”) announced that Bruce Gordon was appointed to the newly created role of Executive Vice President & Chief Operating Officer.

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KORE Group Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001855457-24-000064

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