Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On July 14, 2022, the Board of Directors (the "Board") of Funko, Inc. (the
"Company") increased the size of the Board from eight to nine and elected Trevor
Edwards as a Class II director of the Company, effective July 27, 2022.
Mr. Edwards, 59, spent 25 years at Nike Inc. ("NIKE") in roles of increasing
responsibility, most recently as President, NIKE Brands from 2013 to 2018; Vice
President, Global Brand & Category Management from August 2006 to June 2013;
Vice President, Global Brand Management from 2002 to 2006; Vice President, U.S.
Brand Marketing from 2000 to 2002; Vice President, EMEA Marketing from 1999 to
2000; Director of Marketing for Europe from 1997 to 1999; and Director of
Marketing for the Americas from 1995 - 1997. Prior to NIKE, Mr. Edwards worked
at Colgate-Palmolive in Global Marketing. Mr. Edwards served on the board of
directors of Mattel Inc. from 2012 to 2018. Mr. Edwards received a BBA and MBA
from Bernard Baruch College. The Board believes Mr. Edwards extensive marketing
and brand management experience, as well as public company leadership
experience, make him well-qualified to serve on the Board.
Mr. Edwards will be compensated consistent with the Company's Non-Employee
Director Compensation Policy as disclosed in the Company's definitive proxy
statement filed with the Securities and Exchange Commission on April 8, 2022.
The Company expects to enter into the Company's standard form of indemnification
agreement with Mr. Edwards. If the Company determines to appoint Mr. Edwards to
a committee in connection with his election, the Company will disclose that
information an amended Current Report on Form 8-K in accordance with Instruction
2 to Item 5.02 of Form 8-K.
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