Zevia PBC 8-K

What Happened
Zevia PBC (ZVIA) filed an 8-K on June 15, 2026 announcing that President and CEO Amy E. Taylor resigned effective June 15, 2026. Ms. Taylor will remain with the company as a consultant for about two months and will continue serving as a Class I director. The Board appointed director Alexandre I. Ruberti as President and Chief Executive Officer effective June 15, 2026.

Key Details

• Amy E. Taylor resigned as President and CEO effective June 15, 2026; she will consult for ~2 months, receive consulting fees and subsidized COBRA, then revert to standard non-employee director pay.
• Alexandre I. Ruberti’s base salary: $638,000 per year; eligible for discretionary/merit-based pay up to 100% of base salary.
• Initial 2026 long-term incentives for Ruberti: $1,440,000 in restricted stock units (vesting ratably over 4 years) and $360,000 in target performance stock units tied to net sales through Dec 31, 2028.
• Ongoing incentives and benefits: beginning 2027, target annual long-term incentives totaling $1,800,000; $50,000 relocation allowance.
• Severance: under the company’s standard severance agreement, Ruberti is eligible for 12 months of base salary upon a qualifying termination (or a lump sum equal to base salary plus target bonus if within 18 months after a change in control), 12 months of partially subsidized COBRA, and any earned but unpaid prior-year bonus (subject to a release).
• Offer Letter and Severance Agreement texts will be filed as exhibits with the Company’s 10-Q for the quarter ended June 30, 2026. A press release announcing the change is attached as Exhibit 99.1.

Why It Matters
A CEO transition is a material leadership change that can affect company strategy, execution and investor expectations. The filing shows the board has a named internal successor (a current director), and it discloses compensation and incentive structures that align the new CEO’s pay with company performance (notably net sales-based PSUs). Investors should note potential short-term costs from consulting/severance arrangements and the long-term incentive commitments disclosed; the full contracts will be available in the upcoming 10-Q for more detail.