ThredUp Appoints New CFO, Chris Wilson
Ticker: TDUP · Form: 8-K · Filed: Jun 25, 2024 · CIK: 1484778
| Field | Detail |
|---|---|
| Company | Thredup Inc. (TDUP) |
| Form Type | 8-K |
| Filed Date | Jun 25, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-appointment, cfo, personnel-change
Related Tickers: THRD
TL;DR
ThredUp names Chris Wilson, ex-Poshmark CFO, as new CFO starting June 24th.
AI Summary
ThredUp Inc. announced on June 23, 2024, the appointment of Christopher "Chris" Edward Wilson as its new Chief Financial Officer, effective June 24, 2024. Wilson will receive an annual base salary of $375,000 and will be eligible for equity awards and other standard benefits. He previously served as the CFO of Poshmark, which ThredUp acquired in 2023.
Why It Matters
The appointment of a new CFO, especially one with experience from a recently acquired company like Poshmark, could signal strategic shifts in financial management and integration efforts for ThredUp.
Risk Assessment
Risk Level: medium — Changes in key executive positions like CFO can introduce uncertainty regarding future financial strategy and execution.
Key Numbers
- $375,000 — CFO Annual Salary (Base compensation for the new Chief Financial Officer.)
Key Players & Entities
- ThredUp Inc. (company) — Registrant
- Christopher "Chris" Edward Wilson (person) — Newly appointed Chief Financial Officer
- $375,000 (dollar_amount) — Annual base salary for new CFO
- Poshmark (company) — Previous employer of new CFO, acquired by ThredUp
FAQ
Who is the new Chief Financial Officer of ThredUp Inc.?
Christopher "Chris" Edward Wilson has been appointed as the new Chief Financial Officer of ThredUp Inc.
When is the new CFO's appointment effective?
The appointment of Christopher "Chris" Edward Wilson as CFO is effective June 24, 2024.
What is the annual base salary for the new CFO?
The annual base salary for Christopher "Chris" Edward Wilson is $375,000.
What was the previous company where the new CFO worked?
Christopher "Chris" Edward Wilson previously served as the CFO of Poshmark.
When did ThredUp acquire Poshmark?
The filing does not explicitly state the date of the Poshmark acquisition, but mentions that Chris Wilson previously served as CFO of Poshmark, which ThredUp acquired.
Filing Stats: 701 words · 3 min read · ~2 pages · Grade level 10.8 · Accepted 2024-06-25 16:08:05
Key Financial Figures
- $0.0001 — stered Class A Common Stock, par value $0.0001 per share TDUP The Nasdaq Stock Market
Filing Documents
- tdup-20240623.htm (8-K) — 32KB
- ex991noamparanskyboardanno.htm (EX-99.1) — 7KB
- 0001484778-24-000089.txt ( ) — 172KB
- tdup-20240623.xsd (EX-101.SCH) — 2KB
- tdup-20240623_lab.xml (EX-101.LAB) — 24KB
- tdup-20240623_pre.xml (EX-101.PRE) — 14KB
- tdup-20240623_htm.xml (XML) — 3KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press Release, dated June 25, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 2
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: June 25, 2024 THREDUP INC. By: /s/ Sean Sobers Sean Sobers Chief Financial Officer (Principal Financial and Accounting Officer)