Management ChangeOct 9, 2026, 10:41 AM
Zedge Appoints Morris Berger CEO; $450K Salary, Stock Options Granted
AI Summary
Zedge, Inc. has officially appointed Morris Berger as its Chief Executive Officer, effective October 1, 2026. His employment agreement includes an annual base salary of $450,000, a $25,000 signing bonus, and a $25,000 stay bonus. Additionally, Mr. Berger will receive stock options representing 3% of the company's outstanding shares, vesting over five years, with full acceleration in case of termination without cause or resignation for good reason.
Key Highlights
- Morris Berger appointed CEO of Zedge, Inc. effective October 1, 2026.
- Employment agreement includes an annual base salary of $450,000.
- Berger to receive a $25,000 signing bonus and a $25,000 stay bonus.
- Awarded 10-year options to purchase 3% of outstanding shares, vesting over 5 years.
Price Impact
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