01/10/2025 | Press release | Distributed by Public on 01/10/2025 15:15
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements for Certain Officers.
On January 10, 2025, Marchex, Inc. (the "Company") announced the termination of employment of Holly Aglio ("Aglio"), Chief Financial Officer of the Company, effective as of that date. Aglio will receive severance benefits consistent with the terms disclosed in the Company's filings with the SEC. Aglio's departure from the Company is not due to any disagreement or dispute with the Company nor to any improprieties or misconduct. Brian Nagle, the Company's Senior Vice President/Corporate Controller, will be appointed as the Company's Principal Financial Officer and Principal Accounting Officer.