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Management ChangeMay 22, 2026, 04:52 PM

Nerdy Enters Consulting Agreement with Former CFO Jason Pello

AI Summary

Nerdy Inc. announced it has entered into a Consulting Agreement, Departure Agreement, and General Release with its former Chief Financial Officer, Jason Pello, on May 21, 2026. Mr. Pello, whose departure as CFO was effective April 3, 2026, will serve as a consultant to the company through October 3, 2026. Under the agreement, he will receive consulting payments totaling $223,125 and will also see the continued vesting of 333,333 restricted stock units.

Key Highlights

  • Nerdy Inc. entered into a Consulting Agreement, Departure Agreement, and General Release with former CFO Jason Pello on May 21, 2026.
  • Mr. Pello ceased serving as CFO effective April 3, 2026, as previously announced.
  • He will serve as a consultant to the company through October 3, 2026.
  • Mr. Pello will receive aggregate consulting payments totaling $223,125.
  • The agreement provides for the continued vesting of 333,333 restricted stock units.