8-K
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UNITED STATES

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): September 11, 2025

Marchex, Inc.

(Exact name of Registrant as Specified in its Charter)

Delaware

000-50658

35-2194038

(State or other jurisdiction

of incorporation)

(Commission File Number)

(IRS Employer

Identification No.)

 

1200 5th Ave, Suite 1300,

Seattle, Washington

98101

(Address of principal executive offices)

(Zip Code)

Registrant’s Telephone Number, Including Area Code: (206) 331-3300

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

 

Trading

Symbol(s)

 

Name of each exchange on which registered

Class B Common Stock, par value $0.01 per share

 

MCHX

 

The Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 


Item 1.01 Entry into a Material Definitive Agreement.

The information set forth under Item 5.02 of this Current Report on Form 8-K is incorporated herein by reference.

 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements for Certain Officers.

On September 16, 2025, Marchex, Inc. (“Marchex” or the “Company”) announced the resignation of Edwin A. Miller ("Miller") as its Chief Executive Officer effective September 11, 2025. Mr. Miller will serve as a consultant to the Company for one year and provide general advisory services to the Chairman, with annual compensation of $150,000 and shall remain eligible for his annual cash performance bonus for 2025.

On September 16, 2025, the Company also announced that Troy Hartless ("Hartless") had been appointed President of the Company effective September 15, 2025. Mr. Hartless will also continue to serve as the Company’s Chief Revenue Officer. There is no family relationship between Mr. Hartless and any other executive officer or director of Marchex and there are no arrangements or understandings between Mr. Hartless and any other person pursuant to which Hartless was appointed President of Marchex. There are no transactions in which Mr. Hartless has an interest requiring disclosure under Item 404(a) of Regulation S-K.

On September 16, 2025, the Company also announced that Francis J. Feeney ("Feeney") had been appointed Chief Operating Officer of the Company effective September 15, 2025. Mr. Feeney will also continue to serve as the Company’s Chief Legal Officer. Feeney, age 67, joined Marchex in October 2018 and previously served as a Senior Partner at DLA Piper, LLP (US) from 2005. There is no family relationship between Mr. Feeney and any other executive officer or director of Marchex and there are no arrangements or understandings between Mr. Feeney and any other person pursuant to which Feeney was appointed Chief Operating Officer of Marchex. There are no transactions in which Mr. Feeney has an interest requiring disclosure under Item 404(a) of Regulation S-K.

On September 16, 2025, the Company also announced that Brian Nagle ("Nagle") had been appointed Chief Financial Officer of the Company effective September 15, 2025. Mr. Nagle was previously Senior Vice President, Controller of the Company. There is no family relationship between Mr. Nagle and any other executive officer or director of Marchex and there are no arrangements or understandings between Mr. Nagle and any other person pursuant to which Nagle was appointed Chief Financial Officer of Marchex. There are no transactions in which Mr. Nagle has an interest requiring disclosure under Item 404(a) of Regulation S-K.

Mr. Hartless and Mr. Feeney will also serve as Co-Principal Executive Officers for SEC reporting purposes. There were no changes in compensation in connection with the foregoing matters.

A copy of the press release, dated September 16, 2025, announcing the foregoing appointments is attached as Exhibit 99.1 to this report and incorporated herein by reference. The information contained in the press release attached hereto is being furnished and shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of that section, and shall not be deemed incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit

No.

Description

 

 

99.1

Press Release of Marchex, dated September 16, 2025

 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, Marchex has duly caused this Current Report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

 

MARCHEX, INC.

 

 

Date: September 16, 2025

By:

/S/ FRANCIS J. FEENEY

 

Name:

Francis J. Feeney

 

Title:

Secretary

 


Exhibit 99.1

Marchex Announces Executive Team Updates

 

SEATTLE, WA – September 16, 2025 – Marchex, Inc. (NASDAQ: MCHX), which harnesses the power of AI and conversational intelligence to drive revenue acceleration and operational excellence, today announced that Edwin Miller, CEO, is stepping down from this role and will be serving as a senior advisor to the Chairman going forward. In addition, the Company announced that Troy Hartless, Chief Revenue Officer, has also been appointed President; Francis Feeney, Chief Corporate and Legal Affairs Officer, has also been appointed Chief Operating Officer; and Brian Nagle, Senior Vice President, Controller, has been appointed Chief Financial Officer.

“I want to personally thank Edwin for his leadership at Marchex,” said Russell Horowitz, Chairman. “We have made substantial progress in Marchex’s evolution since Edwin joined to lead the Company, and we wish him all the best in his future endeavors. With a growing portfolio of AI products and capabilities that are driving our increasing sales pipeline, Marchex is in a position to expand our customer penetration and grow our addressable market. As we continue in this transition to a future focused on growth, I look forward to working closely with Troy, Frank, Brian and the rest of the team as we continue executing on Marchex’s increasing opportunities and strategic evolution.”

“I am proud of the role that I have played at Marchex since I joined the Company in February of 2023, leading the “OneStack” initiative, the alignment of the business and the building of a more unified organization,” said Miller. “Marchex is well positioned for future growth, with innovative AI driven product offerings and increasing operating and cost efficiencies, and it is the right time for me to seek my next challenge. I want to thank Marchex’s employees for all of their support during my time at the Company.”

 

THE FOLLOWING FORWARD-LOOKING LOOKING STATEMENTS REFLECT MARCHEX’S EXPECTATIONS AS OF THE DATE HEREOF

Marchex currently anticipates that its financial results for the third quarter of 2025 will be in the range of the financial outlook provided in its second quarter 2025 earnings release.

For more information about Marchex and its conversation intelligence solutions, visit www.marchex.com.

 

About Marchex

 

Marchex harnesses the power of AI and conversational intelligence to provide actionable insights aligned with prescriptive vertical market data analytics, driving operational excellence and revenue acceleration. Marchex enables sales, marketing, service, operations, and executive teams to optimize customer journey experiences across omnichannel communication channels. Through our prescriptive analytics solutions, we enable the alignment of enterprise strategy, empowering businesses to increase revenue through informed decision-making and strategic execution. Marchex provides conversational intelligence AI-powered solutions for market-leading companies in leading B2B2C vertical markets, including several of the world’s most innovative and successful brands.

Please visitwww.marchex.com, www.marchex.com/blog, or @marchexon X (formerly Twitter) (x.com/marchex), where Marchex discloses material information from time to time about the Company and its business.


 

 

Forward-Looking Statements

This press release contains forward-looking statements that involve substantial risks and uncertainties. All statements, other than statements of historical facts, included in this press release regarding our strategy, future operations, future financial position, future revenues, other financial guidance, acquisitions, dispositions, projected costs, prospects, plans and objectives of management are forward-looking statements. We may not actually achieve the plans, intentions, or expectations disclosed in our forward-looking statements and you should not place undue reliance on our forward-looking statements. Actual results or events could differ materially from the plans, intentions and expectations disclosed in the forward-looking statements we make. There are a number of important factors that could cause Marchex's actual results to differ materially from those indicated by such forward-looking statements including but not limited to product demand, order cancellations and delays, competition and general economic conditions. These factors are described in greater detail in the "Risk Factors" section of our most recent periodic report and registration statement filed with the Securities and Exchange Commission. All of the information provided in this release is as of the date hereof, and Marchex undertakes no duty to update the information provided herein.

 

Public Relations
Scott Rupp
[email protected] 

Marchex Investor Relations
Trevor Caldwell, 206-331-3600
[email protected]