Green Dot Appoints New CFO, Offers $450K Salary and RSUs

TL;DR

Green Dot names new CFO, Rupp gets $450k base + stock.

AI Summary

Green Dot Corporation announced on May 22, 2024, that it has appointed Christopher J. Rupp as its new Chief Financial Officer, effective May 23, 2024. Rupp will receive an annual base salary of $450,000 and will be eligible for a discretionary annual bonus. He will also receive a grant of 150,000 restricted stock units (RSUs) vesting over three years.

Why It Matters

The appointment of a new CFO is a significant leadership change that can impact the company's financial strategy and investor confidence.

Risk Assessment

Risk Level: medium — Changes in key executive positions like CFO can introduce uncertainty regarding future financial strategies and performance.

Key Numbers

• $450,000 — CFO Base Salary (Annual compensation for the new Chief Financial Officer.)
• 150,000 — RSU Grant (Stock units granted to the new CFO, vesting over three years.)

Key Players & Entities

• Green Dot Corporation (company) — The company filing the report.
• Christopher J. Rupp (person) — Newly appointed Chief Financial Officer.
• $450,000 (dollar_amount) — Annual base salary for the new CFO.
• 150,000 (dollar_amount) — Number of restricted stock units granted to the new CFO.
• May 22, 2024 (date) — Date of the report.
• May 23, 2024 (date) — Effective date of the new CFO's appointment.

FAQ

Key Financial Figures

• $0.001 — hich registered: Class A Common Stock, $0.001 par value GDOT New York Stock Exchange

Filing Documents

• gdot-20240522.htm (8-K) — 48KB
• 0001386278-24-000033.txt ( ) — 170KB
• gdot-20240522.xsd (EX-101.SCH) — 2KB
• gdot-20240522_lab.xml (EX-101.LAB) — 21KB
• gdot-20240522_pre.xml (EX-101.PRE) — 12KB
• gdot-20240522_htm.xml (XML) — 3KB

07. Submissions of Matters to a Vote of Security Holders

Item 5.07. Submissions of Matters to a Vote of Security Holders. At the Annual Meeting, the stockholders voted on the following four proposals and cast their votes as follows: 1. To elect eight directors, each to serve for a one-year term expiring at the 2025 Annual Meeting of Stockholders and until such director's successor is duly elected and qualified or until such director's earlier resignation or removal: Nominee For Against Abstain Broker Non-Votes J. Chris Brewster 40,193,911 515,179 45,349 4,190,874 Saturnino Fanlo 40,025,396 682,256 46,787 4,190,874 George Gresham 40,198,793 522,234 33,412 4,190,874 William I Jacobs 37,135,662 3,573,480 45,297 4,190,874 Robert Millard 40,457,353 251,647 45,439 4,190,874 Michelleta Razon 40,068,290 651,171 34,978 4,190,874 Ellen Richey 38,426,610 2,292,847 34,982 4,190,874 George T. Shaheen 39,842,546 877,427 34,466 4,190,874 2. To ratify the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the year ending December 31, 2024: For Against Abstain Broker Non-Votes 44,088,283 574,528 282,502 — 3. To vote on a non-binding advisory resolution to approve executive compensation: For Against Abstain Broker Non-Votes 38,532,061 1,960,487 261,891 4,190,874 4. To vote on the approval of the amendment and restatement of Green Dot's 2010 Equity Incentive Plan: For Against Abstain Broker Non-Votes 38,179,419 2,306,946 268,074 4,190,874 Each of the directors named under Proposal No. 1 was elected, and Proposals No. 2, No. 3, and No. 4 were approved by the required stockholder vote.

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 thereunto duly authorized. GREEN DOT CORPORATION By: /s/ Amy Pugh Amy Pugh General Counsel and Secretary Date: May 23, 2024

View Full Filing

View this 8-K filing on SEC EDGAR