Alkami Technology Inc. filed SEC Form 8-K: Leadership Update
$ALKT
Computer Software: Prepackaged Software
Technology
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (date of earliest event reported): June 29, 2025
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On June 29, 2025, the board of directors (the “Board”) of Alkami Technology, Inc. (the “Company”) appointed Susanna Morgan to the Board, effective July 23, 2025. Ms. Morgan will serve as a Class III director with a term expiring at the Company’s Annual Meeting of Stockholders in 2027.
Ms. Morgan has served as the Board Member and Audit Committee Chair of Payoneer, a FinTech company that provides business payment solutions, and as a Board Member of Mixpanel, a product analytics platform, since 2023. Additionally, Ms. Morgan served as the Chief Financial Officer of Remitly Global Inc. (NASDAQ: RELY), a mobile-first provider of remittances and financial services for immigrants, from 2018 to 2022. From 2015 to 2018, Ms. Morgan served as SVP, Finance & Investor Relations of Apptio (NASDAQ: APTI - subsequently acquired by Vista), a leading provider of technology business management applications. Prior to joining Apptio, Ms. Morgan was SVP and Global Head of Financial Planning & Analysis at Concur (NASDAQ: CNQR), a travel and expense SaaS company.
The Board also appointed Ms. Morgan to serve on its Audit Committee. The company determined that Ms. Morgan is an independent director and qualifies as an "audit committee financial expert" according to relevant regulations and listing standards. Ms. Morgan will receive the same fees for her services as the Company’s other independent directors, which fees were disclosed in the Company’s proxy statement for its 2025 Annual Meeting of Stockholders, and will enter into the Company’s standard Indemnification Agreement, which is included as an exhibit to the Company’s Annual Report on Form 10-K for the year ended December 31, 2024.
In connection with her appointment, Joseph Payne will move from serving on the Audit Committee of the Board to serving on the Information Systems Audit Committee of the Board and Brian R. Smith will step down from his service on the Information Systems Audit Committee of the Board.
The appointment of Ms. Morgan to the Board is the culmination of work performed by the Nominating and Corporate Governance Committee of the Board (the “Committee”). The Committee conducted a formal search for director candidates and considered recommendations from the Board members and management of the Company. Ms. Morgan was recommended by the Committee to the Board after a thorough review of these candidates’ backgrounds, relevant experience and professional and personal reputations.
In connection with the changes described above and the appointment of Ms. Morgan to the Board, the Board increased its size to 9 directors.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| Alkami Technology, Inc. | ||||||||||||||
| Date: | June 30, 2025 | By: | /s/ W. Bryan Hill | |||||||||||
| W. Bryan Hill | ||||||||||||||
| Chief Financial Officer | ||||||||||||||