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 November 29, 2023, the Board of Directors (the “Board”) of Presto Automation Inc. (the “Company” or “Presto”) appointed Katherine Hoffman-Flynt as Chief Operating Officer of the Company, effective November 29, 2023.
Ms. Hoffman-Flynt, age 45, has served as the Chief Operating Officer of Presto since November 2023. Ms. Hoffman-Flynt previously served as the Vice President of New Deployment Operations of Presto from May 2022 to November 2023, the Senior Director of Strategic Projects of Presto from July 2021 to May 2022 and the Director of Strategic Projects of Presto from July 2019 to July 2021. Prior to joining Presto, Ms. Hoffman-Flynt held various positions at CraftWorks Restaurants & Breweries, Inc. (“CraftWorks”) from November 2010 to December 2018 and was most recently the Vice President of Strategic Initiatives from March 2018 to December 2018. Prior to joining CraftWorks, Ms. Hoffman-Flynt held management positions at several restaurant and hospitality companies. Ms. Hoffman-Flynt hold a Bachelors degree in Psychology and Business from High Point University and a Masters degree in Industrial/Organizational Psychology from the University of Tennessee at Chattanooga.
In connection with Ms. Hoffman-Flynt’s appointment, the Company and Ms. Hoffman-Flynt will be entering into potential changes to her compensation and employment agreement, the details of which are in the process finalization.
There are no other arrangements or understandings pursuant to Ms. Hoffman-Flynt’s appointment as Chief Operating Officer. There are no family relationships among any of the Company’s executive officers, members of the Board and Ms. Hoffman-Flynt, and there are no transactions with Ms. Hoffman-Flynt that require disclosure pursuant to Item 404(a) of Regulation S-K.
In addition, on December 1, 2023, the Company issued a press release announcing that it appointed Ms. Hoffman-Flynt to serve as the Company’s Chief Operating Officer. A copy of the Company’s press release is attached hereto as Exhibit 99.1.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit |
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99.1 | ||
104 | Cover Page Interactive Data File (embedded with the Inline XBRL document) |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
PRESTO AUTOMATION INC. | |||
By: | /s/ Susan Shinoff | ||
Name: | Susan Shinoff | ||
Title: | General Counsel and Corporate Secretary | ||
Dated: December 5, 2023