Digimarc Appoints New CFO, Elects New Directors
Ticker: DMRC · Form: 8-K · Filed: Apr 22, 2024 · CIK: 1438231
| Field | Detail |
|---|---|
| Company | Digimarc Corp (DMRC) |
| Form Type | 8-K |
| Filed Date | Apr 22, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $1 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-changes, board-changes, management-transition
Related Tickers: DMRC
TL;DR
Digimarc gets a new CFO (Robert Bauer) and new board members (Schlosser, Dusek) as of April 16, 2024.
AI Summary
On April 16, 2024, Digimarc Corporation announced changes in its executive and director roles. The company appointed Robert J. Bauer as Chief Financial Officer and Treasurer, effective April 22, 2024. Additionally, the Board of Directors appointed new members, including Steven J. Schlosser as Lead Independent Director and Chair of the Nominating and Governance Committee, and elected new directors, including Mr. Schlosser and Ms. Sarah E. W. Dusek.
Why It Matters
This filing indicates significant leadership changes within Digimarc Corporation, including the appointment of a new CFO and the election of new board members, which could signal strategic shifts or governance updates.
Risk Assessment
Risk Level: medium — Changes in key executive and board positions can introduce uncertainty regarding future strategy and operational direction.
Key Players & Entities
- Digimarc Corporation (company) — Registrant
- Robert J. Bauer (person) — Appointed Chief Financial Officer and Treasurer
- Steven J. Schlosser (person) — Appointed Lead Independent Director and Chair of the Nominating and Governance Committee
- Sarah E. W. Dusek (person) — Elected as a new director
- April 16, 2024 (date) — Date of earliest event reported
- April 22, 2024 (date) — Effective date for CFO appointment
FAQ
Who has been appointed as the new Chief Financial Officer and Treasurer of Digimarc Corporation?
Robert J. Bauer has been appointed as the new Chief Financial Officer and Treasurer, effective April 22, 2024.
What is the effective date for Robert J. Bauer's appointment?
The appointment of Robert J. Bauer as CFO and Treasurer is effective April 22, 2024.
Who has been appointed as the Lead Independent Director?
Steven J. Schlosser has been appointed as the Lead Independent Director.
Who are the newly elected directors mentioned in the filing?
Steven J. Schlosser and Ms. Sarah E. W. Dusek have been elected as new directors.
What is the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported is April 16, 2024.
Filing Stats: 624 words · 2 min read · ~2 pages · Grade level 14.8 · Accepted 2024-04-22 16:36:30
Key Financial Figures
- $1 — ange on Which Registered Common Stock, $1 par value per share DMRC The NASDAQ
Filing Documents
- d819247d8k.htm (8-K) — 22KB
- 0001193125-24-104946.txt ( ) — 137KB
- dmrc-20240416.xsd (EX-101.SCH) — 3KB
- dmrc-20240416_lab.xml (EX-101.LAB) — 17KB
- dmrc-20240416_pre.xml (EX-101.PRE) — 11KB
- d819247d8k_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: April 22, 2024 By: /s/ George Karamanos George Karamanos Executive Vice President, Chief Legal Officer and Secretary 3