Posted 03 July, 2023
AUDDIA INC. appointed new CEO
CEO Change detected for ticker Nasdaq:AUUD in a 8-K filed on 03 July, 2023.
Effective June 30, 2023, Michael Lawless, the Company's Chief Executive Officer and a member of the Company's Board of Directors, was appointed as the Company's Interim Chief Financial Officer.
Don't how to trade CEO change? Read Reasons for CEO Turnover and Effect on Stock Performance.
Overview of AUDDIA INC.
Media/Entertainment • Broadcasting
Auddia, Inc. engages in the development of audio content ecosystem technology and products. The firm operates an interactive radio platform called Auddia, which is a subscription based commercial free AM and FM software application. It also offers Vodacast, an interactive podcasting platform and application, which enables listeners to see video and other digital content in a digital feed that correlates with the podcast audio. The company was founded by Jeffrey J. Thramann in 2011 and is headquartered in Boulder, CO.Market Cap
$2.75M
View Company Details
$2.75M
Relevant filing section
Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers. Auddia Inc. announced that Timothy Ackerman, its Chief Financial Officer, has resigned from his position effective June 30, 2023. Mr. Ackerman's resignation from the Company did not result from any disagreement or difference of opinion with the Company with respect to its internal controls, financial statements, audit scope limitations, audit reports, or management representations nor was it otherwise connected in any way with the Company's financial controls or audit procedures. Mr. Ackerman has agreed to assist the Company with transition matters in a consulting capacity as needed during the next several months. The Company has also engaged an outside finance advisory firm to provide additional resources to the Company's accounting and SEC reporting functions. Effective June 30, 2023, Michael Lawless, the Company's Chief Executive Officer and a member of the Company's Board of Directors, was appointed as the Company's Interim Chief Financial Officer. The Company will be undertaking a search for a permanent Chief Financial Officer. Information about Mr. Lawless' age, business experience and compensation has been previously reported, most recently in the Company's Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission on March 23, 2023. 2
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