GoDaddy said Nicholas Daddario's tenure as Chief Accounting Officer ended on November 6, 2024, and that he will continue supporting the transition of his responsibilities through December 13, 2024. The company attributed the change to a restructuring of its accounting department.

1. 01

   GoDaddy said Nicholas Daddario's tenure as Chief Accounting Officer ended on November 6, 2024, and that he will continue supporting the transition of his responsibilities through December 13, 2024. The company attributed the change to a restructuring of its accounting department.

2. 02

   The company said it entered into a separation agreement and release with Daddario on November 14, 2024, which took effect on November 22, 2024 after a 7-day revocation period.

3. 03

   The company said Daddario will remain employed on paid leave from December 13, 2024 through March 7, 2025, during which he will continue to receive his base salary, benefits and continued vesting of his equity awards. It also said he will receive a lump-sum payment of approximately $261,000, equal to 281 days of his current base salary.

4. 04

   The company said Daddario will be eligible for his annual cash bonus for fiscal 2024, if any is earned, payable in accordance with its terms in Q1 2025. It added that it will pay his COBRA premiums through December 31, 2025 and provide up to 6 months of outplacement services. In exchange, Daddario agreed to release all claims against the company.

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