Perimeter Solutions CFO Barry Lederman to depart May 6; Charles Kropp named successor

Perimeter Solutions, Inc.

Barry Lederman steps down as CFO effective May 6, 2022; Charles Kropp promoted from Global Controller.
Lederman to receive severance of 1.25x base salary, 2022 target bonus, and 15 months COBRA.
Of 1,029,167 performance-based options: 29,167 vest on departure, 200,000 eligible for 2022 vesting, 800,000 forfeited.
Kropp gets $300,000 base salary, 50% target bonus, and 500,000 performance-based options for FY2022-2026.

item 5.02

Executive movements

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Departed

Barry Lederman

Chief Financial Officer

PRM · Perimeter Solutions, Inc.

Effective: 2022-05-06
Successor: Charles Kropp
Filed: April 29, 2022, 7:59 PM ET

Barry Lederman will no longer serve as Chief Financial Officer or Principal Accounting Officer of the Company effective May 6, 2022.

Appointed

Charles Kropp

Chief Financial Officer

PRM · Perimeter Solutions, Inc.

Effective: 2022-05-06
Filed: April 29, 2022, 7:59 PM ET

Charles Kropp, 49, will be promoted to Chief Financial Officer (and Principal Accounting Officer), effective upon Mr. Lederman’s departure.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Barry Lederman departed as Chief Financial Officer at Perimeter Solutions, Inc..

Action: will no longer serve
Role: Chief Financial Officer

Exact text from the filing

Barry Lederman will no longer serve as Chief Financial Officer or Principal Accounting Officer of the Company effective May 6, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Charles Kropp was appointed as Chief Financial Officer at Perimeter Solutions, Inc..

Action: promoted
Role: Chief Financial Officer

Exact text from the filing

Charles Kropp, 49, will be promoted to Chief Financial Officer (and Principal Accounting Officer), effective upon Mr. Lederman’s departure.

View on SEC.gov

Perimeter Solutions, Inc. filing history →

Source: SEC EDGAR

accession 0001880319-22-000029

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