Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
Effective July 8, 2021, the board of directors (the "Board") of CF Acquisition
Corp. VIII (the "Company") appointed Jane Novak as interim Chief Financial
Officer of the Company. Additionally, the Board elected Steven Bisgay as a
director and as a member of the audit committee of the Board (the "Audit
Committee"). Ms. Novak replaced Alice Chan as Chief Financial Officer and Mr.
Bisgay replaced Ms. Chan as a member of the Board and as a member of the Audit
Committee. Ms. Chan resigned as Chief Financial Officer, director and member of
the Audit Committee on July 5, 2021 in order to pursue other endeavors. Ms.
Chan's resignation did not result from any disagreement with the Company
concerning any matter relating to the Company's operations, policies or
practices.
Ms. Novak, age 56, joined Cantor Fitzgerald, L.P. ("Cantor") in October 2017 and
since then, has served as Cantor's Global Head of Accounting Policy. In this
role, Ms. Novak provides guidance to Cantor and its affiliates on complex
accounting matters, including, among other things, compliance with US GAAP,
IFRS, and SEC pronouncements, establishing formal accounting policies, reviewing
SEC filings, leading new accounting standards implementation and monitoring
standard-setting activities. Prior to joining Cantor, Ms. Novak worked for a
number of financial services institutions over the prior 20 years, holding
accounting policy, financial reporting and SEC reporting positions of
progressive responsibility. Ms. Novak began her career in the audit practice at
Deloitte's New York office, serving financial services clients. Ms. Novak
graduated summa cum laude from Brooklyn College, CUNY, with a B.S. in
Accounting. Ms. Novak holds an active CPA license from the State of New York and
is a member of the American Institute of Certified Public Accountants.
Mr. Bisgay, age 54, is currently the Chief Financial Officer of BGC Partners,
Inc. ("BGC"), a position he has held since January 2020. Mr. Bisgay joined
Cantor in February 2015. From that time until August 2020, and from January 2021
to present, Mr. Bisgay served as the Chief Financial Officer of Cantor.
Mr. Bisgay continues to oversee overlapping functions of BGC's and Cantor's
businesses such as bondholder, lender, and rating agency relations. Mr. Bisgay
also held various offices at and provided services to other affiliates of Cantor
until December 2019, including as the Chief Financial Officer of CF Finance
Acquisition Corp. ("Cantor SPAC I") from October 2015 and as a director of
Cantor SPAC I from December 2018, and as a director, Chief Financial Officer and
Treasurer of two publicly non-traded REITs, Rodin Income Trust, Inc. and Cantor
Fitzgerald Income Trust, Inc. (formerly known as Rodin Global Property Trust,
Inc.), beginning in 2016. Prior to his time at Cantor, Mr. Bisgay was Chief
Financial Officer at KCG Holdings, Inc., a market-making firm focused on client
trading solutions, liquidity services and market-making technologies, after
serving as Chief Financial Officer and Chief Operating Officer, Head of Business
Development, Group Controller, and Director of Internal Audit at Knight Capital
Group, Inc. and as a Senior Manager at PricewaterhouseCoopers, LLP. Mr. Bisgay
received a B.S. in Accounting from Binghamton University and a M.B.A. from
Columbia University. Mr. Bisgay also is registered with FINRA, holds a Series 27
Financial and Operations Principal license and is a Certified Public Accountant.
There are no family relationships between Ms. Novak or Mr. Bisgay and any
director, executive officer, or person nominated or chosen by the Company to
become an executive officer of the Company. There are no transactions between
the Company and Ms. Novak or Mr. Bisgay that are subject to disclosure under
Item 404(a) of Regulation S-K.
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