Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On June 1, 2020, the Board of Directors (the "Board") of Sonic Foundry, Inc.
(the "Company") appointed Kelsy Boyd to serve as the Chief Financial Officer.
There was no arrangement or understanding between Ms. Boyd on the one hand, and
any other person, on the other hand, pursuant to which Ms. Boyd was selected as
Chief financial Officer. Ms. Boyd does not have a family relationship with any
current director or executive officer of the Company.
Effective June 1, 2020, Kenneth Minor will no longer serve as Interim Chief
Financial Officer. Mr. Minor will continue to perform transition services for
the Company through September 30, 2020.
Item 8.01 Other Events.
On June 3, 2020, the Company issued a press release announcing the appointment
of Kelsy Boyd as Chief Financial Officer. The full text of the press release is
attached herewith as Exhibit 99.1 to this Current Report on Form 8-K and is
incorporated herein by reference
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Item 9.01 Financial Statements and Exhibits.
(a) Exhibits
99.1 Text of Press Release dated June 3, 2020
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