Perimeter Solutions CFO Charles Kropp departs; Kyle Sable named CFO effective Nov 16

Perimeter Solutions, Inc.

Charles Kropp ceased as CFO and PAO effective November 16, 2023, by mutual agreement.
Kyle Sable, previously VP Strategy and Corp Dev, promoted to CFO and PAO.
Kropp receives severance: 1.25x base salary, 2023 target bonus, 15 months COBRA premiums.
Kropp's 602,917 performance options: 2,917 vested; 240,000 remain eligible for 2023 vesting; 360,000 forfeited.
Sable's employment: $330,000 base salary, 50% target bonus, 100,000 new performance options through 2027.

item 5.02

Executive movements

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Appointed

Kyle Sable

Chief Financial Officer

PRM · Perimeter Solutions, Inc.

Effective: 2023-11-16
Filed: November 17, 2023, 6:59 PM ET

Kyle Sable, 42, will be promoted to Chief Financial Officer (and Principal Accounting Officer), effective upon Mr. Kropp’s departure.

Departed

Charles Kropp

Chief Financial Officer

PRM · Perimeter Solutions, Inc.

Effective: 2023-11-16
Successor: Kyle Sable
Filed: November 17, 2023, 6:59 PM ET

Charles Kropp will no longer serve as Chief Financial Officer or Principal Accounting Officer of the Company effective November 16, 2023.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Kyle Sable was appointed as Chief Financial Officer at Perimeter Solutions, Inc..

Action: promoted
Role: Chief Financial Officer

Exact text from the filing

Kyle Sable, 42, will be promoted to Chief Financial Officer (and Principal Accounting Officer), effective upon Mr. Kropp’s departure.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

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

Action: resigned
Role: Chief Financial Officer

Exact text from the filing

Charles Kropp will no longer serve as Chief Financial Officer or Principal Accounting Officer of the Company effective November 16, 2023.

View on SEC.gov

Perimeter Solutions, Inc. filing history →

Source: SEC EDGAR

accession 0001880319-23-000112

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