StockWatch
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Computer Software: Programming, Data Processing
Management ChangeMay 12, 2026, 04:18 PM

Cardlytics Chief Legal & Privacy Officer Nick Lynton to Resign

AI Summary

Cardlytics announced that Nick Lynton, its Chief Legal and Privacy Officer, will resign from his position, effective by July 3, 2026, or earlier if a successor is appointed. He will continue to provide services through the effective date, potentially in a non-officer advisory role for transition. In connection with his departure, Lynton will receive a $380,000 lump sum separation payment, up to 12 months of COBRA premium reimbursement, and an additional $70,320.21 payment in the first quarter of 2027, subject to compliance with the transition and release agreements.

Key Highlights

  • Nick Lynton, Chief Legal and Privacy Officer, will resign from Cardlytics.
  • Resignation is effective by July 3, 2026, or upon the appointment of his successor.
  • He will receive a $380,000 lump sum separation payment.
  • Cardlytics will reimburse COBRA premiums for up to twelve months.
  • An additional lump sum payment of $70,320.21 is expected in Q1 2027.