Phunware Awards $90,000 Separation Payment to Departing Sales Executive

Reuters06:08
Phunware Awards $90,000 Separation Payment to Departing Sales Executive

Phunware Inc. has announced that Jeremy Kidd, its Senior Vice President and Head of Sales, has separated from the company effective December 2, 2025. As part of a separation and release agreement dated December 5, 2025, Mr. Kidd will receive a total of $90,000. This includes a lump sum payment equivalent to three months of his base salary, totaling $75,000 before withholding, and a supplemental payment of $15,000. The company does not plan to fill the vacated position, and sales personnel will now report directly to the Interim CEO.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Phunware Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-309876), on December 05, 2025, and is solely responsible for the information contained therein.
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