Commerce.com Inc. filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits
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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
Departure of Chief Commercial Officer
On October 6, 2025, Commerce.com, Inc. (the “Company”) and Russell Klein, the Company’s Chief Commercial Officer, mutually agreed that Mr. Klein would retire from his position as Chief Commercial Officer and as an employee of the Company effective November 1, 2025. The Company thanks Mr. Klein for his many years of leadership and service. In connection with Mr Klein’s departure, and in accordance with the terms of his employment offer letter with the Company, as amended, subject to Mr. Klein signing an effective waiver and general release of claims in favor of the Company and his continued compliance with applicable restrictive covenants, Mr. Klein will be eligible to receive (i) an amount equal to six months’ base salary and (ii) an amount equal to six months of the Company’s share of healthcare premiums for him and his eligible dependents.
Michaela Weber, Senior Vice President, Payments & Global Business Development, will assume primary responsibility for Mr. Klein’s duties and responsibilities.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. |
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Description |
104 |
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Cover page interactive data file (embedded within the inline XBRL document). |
SIGNATURES
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.
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Commerce.com, Inc. |
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Date: |
October 9, 2025 |
By: |
/s/ Chuck Cassidy |
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Chuck Cassidy |