SoFi Technologies Sets $83,333 Monthly Advisor Fee for Retired General Counsel

Reuters01-10
SoFi Technologies Sets $83,333 Monthly Advisor Fee for Retired General Counsel

SoFi Technologies Inc. has announced that Stephen Simcock, who will retire as General Counsel effective December 31, 2025, will transition to an advisory role with the company. From January 5, 2026, through December 31, 2026, Simcock will provide transitional services as an advisor in exchange for a monthly fee of $83,333.33 and company-paid COBRA subsidies. This arrangement is detailed in an Advisor Agreement dated January 5, 2026, which is expected to be filed with the company's Annual Report on Form 10-K for the year ended December 31, 2025.

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. SoFi Technologies 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: 0001818874-26-000005), on January 09, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment