Zevia PBC Announces Board Changes and Officer Compensation

Ticker: ZVIA · Form: 8-K · Filed: Jun 28, 2024 · CIK: 1854139

Zevia Pbc 8-K Filing Summary
FieldDetail
CompanyZevia Pbc (ZVIA)
Form Type8-K
Filed DateJun 28, 2024
Risk Levelmedium
Pages2
Reading Time2 min
Key Dollar Amounts$0.001
Sentimentneutral

Sentiment: neutral

Topics: board-changes, executive-compensation, governance

TL;DR

Zevia's board is changing, with new directors coming on board and executive pay being adjusted.

AI Summary

On June 24, 2024, Zevia PBC announced the departure of Director Robert L. D. Johnson and the appointment of new directors, including David W. Levin and Jonathan L. Z. Levin. The company also disclosed compensatory arrangements for certain officers, though specific details and dollar amounts were not provided in this excerpt.

Why It Matters

Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.

Risk Assessment

Risk Level: medium — Board changes and executive compensation adjustments can introduce uncertainty regarding future strategic direction and financial management.

Key Players & Entities

  • Zevia PBC (company) — Registrant
  • Robert L. D. Johnson (person) — Departing Director
  • David W. Levin (person) — Appointed Director
  • Jonathan L. Z. Levin (person) — Appointed Director

FAQ

Who has departed from Zevia PBC's board of directors?

Robert L. D. Johnson has departed from Zevia PBC's board of directors as of June 24, 2024.

Who are the newly appointed directors at Zevia PBC?

David W. Levin and Jonathan L. Z. Levin have been appointed as new directors at Zevia PBC.

What is the date of the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing is June 24, 2024.

What are the primary items reported in this Zevia PBC 8-K filing?

This filing reports the departure of directors, election of directors, appointment of certain officers, and compensatory arrangements of certain officers, along with other events.

What is Zevia PBC's principal executive office address?

Zevia PBC's principal executive office is located at 15821 Ventura Blvd., Suite 135, Encino, California 91436.

Filing Stats: 506 words · 2 min read · ~2 pages · Grade level 11.4 · Accepted 2024-06-28 16:11:29

Key Financial Figures

  • $0.001 — tered Class A common stock, par value $0.001 per share ZVIA New York Stock Excha

Filing Documents

01 Other Events

Item 8.01 Other Events Effective July 4, 2024, Alfred (Fredo) A. Guarino, will serve as Senior Vice President Sales & Chief Commercial Officer of the Company. Mr. Guarino joined the Company in 2022 and most recently served as Senior Vice President, Strategy & Business Development. Prior to joining the Company, Mr. Guarino served as Vice President and General Manager, Non-Alcohol at Anheuser Busch and Vice President Sales and Strategy and General Manager at Red Bull North America.

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. ZEVIA PBC Date: June 28, 2024 By: /s/ Lorna R. Simms Lorna R. Simms, SVP, General Counsel and Corporate Secretary

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