UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Departure of Chief Operating Officer
On May 23, 2024, Mr. Kevin Schubert and the Company entered into a General Release and Separation Agreement (the “Separation Agreement”) wherein Mr. Schubert resigned from his role as Chief Financial Officer of Rubicon Technologies, Inc. (the “Company”), effective June 1, 2024. The Company sincerely thanks Mr. Schubert for his leadership and contributions to the Company. The Separation Agreement is attached hereto and incorporated herein as Exhibit 10.1 to this Current Report on Form 8-K.
Amendment to Offer Letter Agreement
On May 23, 2024, the Company entered into an amendment to that certain Offer Letter Agreement (the “Amendment”) entered into between the Company and Mr. Grant Deans dated August 29, 2023, wherein the Company offered Mr. Deans the position of Interim Chief Financial Officer. The Amendment and the Offer Letter Agreement are attached hereto and incorporated herein as Exhibits 10.2 and 10.3, respectively, to this Current Report on Form 8-K.
Prior to his appointment to the position of Interim Chief Financial Officer, Mr. Deans, aged 48, held several senior international finance positions focused on Efficiency, Growth and Corporate Finance. Mr. Deans started his career as an Internal Control Analyst with American Express and held multiple roles with Schneider Electric, a global leader in energy management, from July 2010 to December 2019, including time spent as Operational Efficiency Leader and Vice President of Finance for its global technology business unit. Mr. Deans worked with Solid Energy Systems, a renewable energy company in the semiconductor industry, from November 2021 to November 2022, and Keystone Dental Group, an oral healthcare technology company, from November 2022 to October 2023. Mr. Deans holds a Bachelor of Commerce (Finance and Banking), and a Bachelor of Arts (International Relations) from the University of New England (Australia), a CPA and was awarded a Master’s Degree from the Harvard University Extension School in 2022.
Item 9.01 Financial Statements and Exhibits.
Exhibits
| 10.1 | General Release and Separation Agreement, dated June 1, 2024. | |
| 10.2 | Amendment to Offer Letter Agreement, dated May 23, 2024. | |
| 10.3 | Offer Letter Agreement, dated August 29, 2023. | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
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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.
| Rubicon Technologies, Inc. | |||
| By: | /s/ Philip Rodoni | ||
| Name: | Philip Rodoni | ||
| Title: | Chief Executive Officer | ||
Date: May 30, 2024
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