Management ChangeAug 6, 2026, 04:43 PM
SpringBig Director Larry Ellis Resigns; Board Approves Cash Comp
AI Summary
SpringBig Holdings, Inc. announced that Larry Ellis resigned from its Board of Directors on July 31, 2026. The company stated that his departure was not due to any disagreement regarding operations, policies, or practices. Additionally, the Board approved new cash compensation for its continuing members, effective August 1, 2026, which includes an initial payment and monthly stipends.
Key Highlights
- Larry Ellis resigned from SpringBig's Board of Directors on July 31, 2026.
- His resignation was not due to any disagreement with the company or board.
- The Board approved cash compensation for continuing members on August 1, 2026.
- Compensation includes $5,000 upon appointment to the Board.
- Continuing members will receive $2,500 each month thereafter.
- Monthly compensation for board members begins in August 2026.
Price Impact
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