Strategy Inc 8-K, filed Jul 6, 2020
Strategy Inc (MSTR)
About this 8-K
Strategy Inc filed this 8-K on July 6, 2020, reporting on events of July 3, 2020.
Items reported
- Item 5.02: Director or officer change, or executive pay
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
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| Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On July 3, 2020, the Board of Directors of MicroStrategy Incorporated (the “Company”) appointed Phong Le, the Company’s Senior Executive Vice President, Chief Operating Officer & Chief Financial Officer, to serve as the Company’s President, effective as of July 6, 2020. With the appointment of Mr. Le as described above, Michael J. Saylor no longer serves as the Company’s President and Mr. Le no longer serves as Senior Executive Vice President or Chief Operating Officer of the Company. Mr. Saylor will continue to serve as the Chairman of the Board of Directors and Chief Executive Officer of the Company, with Mr. Le continuing to report to Mr. Saylor, and Mr. Le will continue to serve as Chief Financial Officer of the Company. Prior to his appointment as President, Mr. Le had served as the Company’s Chief Operating Officer since June 2018. In addition, Mr. Le has served as the Company’s Chief Financial Officer since April 2020 and previously served as the Company’s Chief Financial Officer from August 2015 to November 2019. Prior to joining the Company, Mr. Le served as the chief financial officer of XO Communications, a privately held telecommunications company, from August 2014 to August 2015.
On July 3, 2020, the Board of Directors of the Company appointed Jeanine Montgomery to serve as the Company’s Senior Vice President & Chief Accounting Officer, in which position she will serve as the Company’s principal accounting officer, effective as of July 6, 2020. With the appointment of Ms. Montgomery as described above, Mr. Le no longer serves as the Company’s principal accounting officer. Prior to her appointment as Senior Vice President & Chief Accounting Officer, Ms. Montgomery had served as the Company’s Senior Vice President, Finance & Worldwide Controller, a position she had held since September 2016. Previously she served as chief accounting officer of comScore, Inc., a publicly traded information and analytics company, from December 2015 to September 2016, and as vice president, chief accounting officer of Beacon Roofing Supply, Inc., a publicly traded distributor of roofing materials and complementary building products, from July 2013 to December 2015.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: July 6, 2020 |
MicroStrategy Incorporated (Registrant) | |||||
| By: |
/s/ W. Ming Shao | |||||
| Name: |
W. Ming Shao | |||||
| Title: |
Senior Executive Vice President & General Counsel | |||||