SharpSpring, Inc. (NASDAQ:SHSP) 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 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On July 1, 2017 the board of directors (“Board”) of SharpSpring, Inc. (the “Company”) elected Marietta Davis and Roy W. Olivier to the Board to fill the (2) vacant directorship positions on the Board until the next annual meeting of the stockholders or until their earlier resignation or removal.

Marietta Davis

Marietta Davis, age 57, is currently an Advisory Board Member at DataOceans, LLC, a customer communications management solutions and services company, where she has served since April 2016. She is also currently a National Board Member of Youth Villages, a nationally-recognized nonprofit organization that helps children, young people and families, where she has served since January 2010. Davis also served as Vice President – US Dynamic Sales at Microsoft, from 2013 to 2016, where she helped define marketing strategies for SMB, mid-tier and enterprise customers for Dynamics CRM Cloud and ERP products and services. Prior to that time, from 2009 to 2013, Davis served as General Manager – Enterprise Accounts, Greater Southeast District at Microsoft, where she led the sales organization and managed strategic community engagement in the areas of economic development and innovation for that district. Davis holds a B.S. in communications from Bradley University.

There are no arrangements or understandings between Davis and any other persons to which she was appointed as a member of the Board. Davis has not been, and is not expected to be named to any committee of the Board at this time. Davis will participate in the Company’s unwritten independent director compensation plan, which currently provides for a one-time stock option grant of 16,000 stock options upon becoming a director plus ongoing fees in the amount of $20,000 per year, paid quarterly in the form of Company common stock to all independent directors.

Roy W. Olivier

Roy W. Olivier, age 58, currently serves as the President, Chief Executive Officer and Director of ARI Network Services, Inc. (NASDAQ: ARIS), which provides website, software, and data solutions to help dealers, distributors, and OEMs increase their sales online and in-store. Mr. Olivier has served in this position since 2008.

There are no arrangements or understandings between Mr. Olivier and any other persons to which he was appointed as a member of the Board. Mr. Olivier has not been, and is not expected to be named to any committee of the Board at this time. Mr. Olivier will participate in the Company’s unwritten independent director compensation plan, which currently provides for a one-time stock option grant of 16,000 stock options upon becoming a director plus fees in the amount of $20,000 per year, paid quarterly in the form of Company common stock to all independent directors.

Item 8.01 Other Events.

Press Release

On July 3, 2017 the Company issued a press release announcing the election of Marietta Davis and Roy W. Olivier as directors of the Company. A copy of the press release is attached as Exhibit 99.1 to this report and incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits.

SharpSpring, Inc. Exhibit
EX-99.1 2 ex99-1.htm EXHIBIT 99.1       SharpSpring Appoints Former Microsoft Executive Marietta Davis and ARI Network Services CEO Roy W. Olivier to Board of Directors   GAINESVILLE,…
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About SharpSpring, Inc. (NASDAQ:SHSP)

SharpSpring, Inc., formerly SMTP, Inc., is a cloud-based marketing technology company. The Company’s SharpSpring marketing automation platform uses features, such as Web tracking, lead scoring and automated workflow to enable businesses deliver messages to the customers. The SharpSpring marketing automation solution offers digital marketing tools to small and medium-sized businesses and is primarily sold to marketing agencies using the platform on behalf of their clients. The Company offers a SMTP relay product, which is designed to send high volumes of e-mail messages. The Company offers the GraphicMail e-mail campaign management solution to customers globally. The GraphicMail platform is focused on e-mail, social and mobile marketing and is used by companies wishing to communicate with a list of subscribers or customers. The Company’s platform is used by agencies, agency clients and direct end users.