Business Context and Reporting Period
This Form 8-K Current Report was filed by Marchex, Inc. on April 10, 2009. The report discloses a material change in executive leadership effective March 6, 2009.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance and personnel changes.
Material Changes
- Appointment: Peter Christothoulou was appointed Chief Operating Officer (COO) by the Board of Directors on March 6, 2009.
- Succession: Christothoulou succeeds John Keister as the Company's COO.
- Background: Christothoulou is a founding executive officer who previously served as Chief Strategy Officer since the company's inception in January 2003.
- Compensation: No changes were made to the compensation arrangements of either Christothoulou or Keister upon this appointment.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for financial guidance, outlook, management commentary on future performance, risks, contingencies, or unusual items.
Investor Verification Checklist
- Verify the definitive proxy statement filed concurrently for full details on the appointment.
- Confirm the effective date of John Keister's departure from the COO role.
- Review subsequent filings for any updates to executive compensation or strategic direction following the leadership change.