Item 5.02. Departure of Directors or Certain Officers: Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Innovid Corp. ("Innovid" or the "Company") announces that Dave Helmreich, Chief Commercial Officer of the Company, will be leaving the business by mutual consent to pursue other opportunities, effective from the close of business on August 30, 2024.
The Company and Mr. Helmreich intend to enter into a mutual separation agreement (the "Mutual Separation Agreement") and the Company expects to update this disclosure as necessary after the terms of the Mutual Separation Agreement are agreed.
The Company thanks Mr. Helmreich for his service to Innovid.