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Posted 13 February, 2024

Akerna Corp. appointed new CEO

CEO Change detected for ticker Nasdaq:GRYP in a 8-K filed on 13 February, 2024.


  As of the Effective Date, the following individuals became the executive officers of the Company: Robby Chang, Chief Executive Officer, and Simeon Salzman, Chief Financial Officer and Corporate Secretary. With the exception of Jessica Billingsley, each of the Company's previous officers and directors resigned from their respective positions at the Company on the Effective Date.  

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Overview of Akerna Corp.
Financial Services • Securities
MTech Acquisition Corp. operates as a blank check company that intends to engage in the acquisition, through a merger, share exchange, asset acquisition, stock purchase, reorganization, recapitalization, and other similar business transaction. It focus is on businesses ancillary to the cannabis industry, with a particular sector, including compliance, business intelligence, brand development, and media. The company was founded on September 27, 2017 and is headquartered in Orlando, FL.
Market Cap
$65.8M
View Company Details
Akerna Corp. by TradingView
Relevant filing section
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.


Removal and Appointment of Directors and Officers


As of the Effective Date, and in accordance with the terms of the Merger Agreement, the Board became comprised of five directors: Robby Chang, Brittany Kaiser, Heather Cox, Steve Gutterman and Jessica Billingsley. As of the Effective Date, the following individuals became the executive officers of the Company: Robby Chang, Chief Executive Officer, and Simeon Salzman, Chief Financial Officer and Corporate Secretary. With the exception of Jessica Billingsley, each of the Company's previous officers and directors resigned from their respective positions at the Company on the Effective Date.


For more information concerning the executive officers and directors, see the disclosure in the Company's final prospectus and definitive proxy statement dated as of January 5, 2024 (the "Proxy Statement") filed with the SEC on January 9, 2024 in the sections titled "Management Following the Merger," "Akerna Executive Compensation" "Gryphon's Executive and Director Compensation" and "Certain Relationships and Related-Party Transactions of the Combined Company," each of which is incorporated herein by reference.


Executive Officer Compensation


On February 8, 2024, the Company's Compensation Committee (the "Committee") finalized the grant of bonuses to executive officers in connection with their performance in 2023 and in connection with the closing of the Merger and Sale Transaction. The Committee granted the following cash bonuses all of which, along with other unpaid compensation, were then settled in shares of Common Stock pursuant to the Share Settlement Agreements: Jessica Billingsley - $719,670, Scott Sozio - $314,000, Larry Dean Ditto - $212,317, David McCullough - $37,539 and Cecil R. Thompson - $37,307.