LivePerson, Inc. (NASDAQ:LPSN) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02.
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Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
LivePerson, Inc. (the Company), effective as of May 1, 2017,
increased the number of directors of the Company from 6 to 7 and,
following the recommendation of the Companys Nominating and
Corporate Governance Committee, elected Fred Mossler to serve as
a Class II Director of the Company. Mr. Mossler also was
appointed to serve on the Boards Compensation Committee and on
the Boards Nominating and Governance Committee.
Mossler began his career as a customer service leader at
Nordstrom, a luxury retailer. In 1999, he joined the then
start-up Zappos.com to build out its retail segment. Mr. Mossler
was integral in Amazons $1.2 billion acquisition of Zappos in
2009. Mr. Mossler founded Honus Capital LLC, a hands-on
investment fund for Las Vegas-area entrepreneurs. He also
co-founded the popular Mexican restaurant chain Nacho Daddy. Mr.
Mossler currently serves on the Board of Downtown Project, a
company dedicated to helping revitalize part of downtown Las
Vegas through investment in small businesses; tech startups; real
estate; and arts, culture, and education. He also serves on the
Finance Committee for the Two Ten Foundation, a charitable
foundation offering financial assistance, counseling, community
resources and scholarships to those working in the footwear
industry.
including an initial grant of stock options under the Companys
2009 Stock Incentive Plan to purchase 35,000 shares of the
Companys Common Stock. The Companys non-employee director
compensation is described in more detail in the Companys
Definitive Proxy Statement for its 2016 Annual Meeting of
Stockholders filed with the U.S. Securities and Exchange
Commission on April 29, 2016.
any other persons or entities to which Mr. Mossler was elected as
a director. Mr. Mossler is not a party to any transaction, or
series of transactions, required to be disclosed to Item 404(a)
of Regulation S-K.
agreement with Mr. Mossler, a copy of which has been filed as
Exhibit 10.6 to the Companys Annual Report on Form 10-K filed
with the U.S. Securities and Exchange Commission on March 13,
2012.
Mosslers election to the Board. A copy of this press release is
attached as Exhibit 99.1 to this current report on Form 8-K and
incorporated herein.
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Item 9.01.
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Financial Statements and Exhibits.
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(d) Exhibits. The following documents are included as
exhibits to this report: |
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99.1
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Press release issued May 1, 2017, announcing election
of Fred Mossler to the Board of Directors of LivePerson, Inc. |
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About LivePerson, Inc. (NASDAQ:LPSN)
LivePerson, Inc. (Liveperson) is a provider of mobile and online messaging technologies that power digital communication between brands and consumers. The Company’s segments include Business and Consumer. The Business segment enables brands to leverage its cloud-based LiveEngage’s intelligence engine. The Consumer segment facilitates online transactions between independent service providers (Experts) and individual consumers (Users) seeking information and knowledge for a fee through mobile and online messaging. The Company’s platform, LiveEngage, enables businesses to create a meaningful connection with consumers by offering messaging as a preferred channel of communication. Its technology platform offers an intelligence engine, as well as a suite of text and mobile messaging, real-time chat messaging, content delivery and cobrowsing offerings to proactively engage with consumers through m-dot sites, mobile applications, Websites and social media. LivePerson, Inc. (NASDAQ:LPSN) Recent Trading Information
LivePerson, Inc. (NASDAQ:LPSN) closed its last trading session 00.00 at 7.05 with 116,464 shares trading hands.
