Item 2.02. Results of Operations and Financial Condition.
A copy of the press release issued by LivePerson, Inc. (the "Registrant") on
February 13, 2020, announcing its results of operations and financial condition
for the year ended December 31, 2019, is included herewith as Exhibit 99.1 and
is incorporated herein by reference. The information included in this Current
Report on Form 8-K (including Exhibit 99.1 hereto) that is furnished pursuant to
this Item 2.02 shall not be deemed to be "filed" for the purposes of Section 18
of the Securities Exchange Act of 1934, as amended, or otherwise subject to the
liabilities of that Section or Sections 11 and 12(a) (2) of the Securities Act
of 1933, as amended. The information contained herein and in the accompanying
exhibit shall not be incorporated by reference into any filing of the
Registrant, whether made before or after the date hereof, regardless of any
general incorporation language in such filing, unless expressly incorporated by
specific reference into such filing.
Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of
Certain Officers.
Departure of Christopher Greiner as Chief Financial Officer; Appointment of John
Collins as Chief Financial Officer
On February 13, 2020, LivePerson, Inc. (the "Registrant"), announced a
transition of its Chief Financial Officer ("CFO"). Chris Greiner will be leaving
his position as CFO, in February 2020 and John Collins, the Registrant's SVP of
Quantitative Strategy, will be promoted as his replacement.
Mr. Greiner will assist in an orderly transition of responsibilities to Mr.
Collins. Mr. Greiner has noted that his resignation is not the result of a
disagreement of any sort with the Registrant on any matter relating to the
Registrant's operations, policies or practices and that he is fully aligned with
the decision to promote Mr. Collins as part of the Registrant's long term
strategy. As part of the transition, it is the intention that Mr. Greiner will
provide certain advisory services to the Registrant after his duties as CFO have
ended, for which he will be appropriately compensated.
Mr. Collins, age 38, joined the Registrant in October 2019. In 2013, Mr.
Collins, an MIT alum, co-founded Thasos, a NYC based predictive intelligence
company powering large scale equity trading platforms. Mr. Collins served in
various capacities at Thasos, including, most recently, as an Advisory Board
Member, as its Chief Product Officer (2016-2019) and as its Portfolio Manager
(2013-2016). Prior to that, Mr. Collins held roles in the financial services
industry, including regulating financial firms at the NYSE, and structuring
transactions in leveraged finance at Credit Suisse.
There are no related person transactions (or proposed related person
transactions) with respect to Mr. Collins reportable under Item 5.02(c) of Form
8-K and Item 404(a) of Regulation S-K since the beginning of the Registrant's
last fiscal year. There are no family relationships to disclose with respect to
Mr. Collins reportable under Item 401(d) of Regulation S-K.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits. The following documents are included as exhibits to this report:
Press release issued February 13, 2020 relating to results of
99.1* operations and financial condition for the year ended December 31,
2019.
104** Cover Page Interactive Data File (embedded within the Inline XBRL
document)
* Furnished herewith
** Filed herewith
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