IDENTIV, INC. : Change of Directors or Senior Managers (form 8-K)


Article 5.02. Departure of directors or key executives; Election of directors; Appointment of senior executives

(b) (c) As of October 20, 2021, the Board of Directors of Identiv, Inc. (the “Company”) appointed Ed kirnbauer, the Company’s Global Corporate Controller, Interim CFO, Senior CFO and Interim Chief Accounting Officer (“Interim CFO”). Steven humphreys, the Chief Executive Officer of the Company, who also served as Interim Chief Financial Officer, Senior Chief Accountant and Senior Chief Financial Officer (“Acting Chief Financial Officer”), has ceased to perform his duties as Acting Chief Financial Officer on that of Mr. Kirnbauer appointment. The Company is continuing its process and plans to announce a permanent CFO in the coming weeks, with entry into force in the fourth quarter of 2021.

Mr. Kirnbauer, 57, has been the company’s global corporate controller since November 2015. From april 2011 through november 2015, Mr. Kirnbauer acted as financial advisor for various companies, including Ducommon, Inc. (NYSE: DCO), Multi-Fineline Electronix, Inc. (Nasdaq: MFLX), and Headmon Entertainment & Productions LLC. Before that, Mr. Kirnbauer was Vice President of Finance and Administration and Corporate Controller in various companies, including as Corporate Controller for Procom Technology, Inc., a developer of network attached storage appliances, from 2001 to 2006. Mr. Kirnbauer is a chartered accountant and started his career at KPMG LLP. Mr. Kirnbauer holds an MBA from DePaul University Charles H. Kellstadt Graduate School of Business, and a BS in Accounting from Illinois State University.

Mr. Kirnbauer will continue to receive an annual base salary of $ 225,000. Besides, that of Mr. Kirnbauer the base salary will be increased by $ 15,000 per month during the period in which he is acting as interim financial director. Mr. Kirnbauer is also eligible to participate in the Company’s employee benefit programs.

There are no family ties between the directors or officers of the Company.

This report contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statement that is not historical fact, including statements regarding the Company’s expectations regarding the timing of the appointment of a director permanent financial statement, is a forward-looking statement. research statement. Forward-looking statements are predictions only and are subject to risks and uncertainties, many of which are beyond our control, which could cause actual results to differ materially and adversely from those expressed in forward-looking statements. Factors that could cause actual results to differ materially from those of forward-looking statements include, without limitation, the Company’s ability to identify and hire a permanent CFO and the factors discussed in its periodic reports, including including its annual report on form 10-K for the year ended December 31, 2020, Quarterly report on Form 10-Q for the quarter ended June 30, 2021 and subsequent reports filed with the United States Securities Commission. All forward-looking statements are based on information available to us as of the date hereof, and we assume no obligation to update such statements.

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