Paymentus (NYSE: PAY) General Counsel to leave for role outside industry
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Paymentus Holdings, Inc. reported that its General Counsel and Corporate Secretary, Andrew Gerber, has notified the company he will be leaving to take a position at a company outside Paymentus’ industry. The company stated that his departure is not related to any disagreement with Paymentus. Mr. Gerber’s last day with the company and its affiliates will be April 6, 2026.
Positive
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8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
FAQ
What leadership change did Paymentus (PAY) disclose in this 8-K filing?
Paymentus disclosed that its General Counsel and Corporate Secretary, Andrew Gerber, will leave the company. He notified Paymentus on March 23, 2026, and will depart on April 6, 2026, ending his service with the company and all affiliates.
Why is Paymentus General Counsel Andrew Gerber leaving the company?
Andrew Gerber is leaving Paymentus to pursue a position at a company that is not related to Paymentus’ industry. The filing specifies this new role is outside the company’s sector, providing clarity that his move reflects a career change rather than an industry shift.
What is the effective last day of Andrew Gerber at Paymentus (PAY)?
Andrew Gerber’s last day with Paymentus and all its affiliates will be April 6, 2026. After that date, he will no longer serve as General Counsel and Corporate Secretary, concluding his formal association with the organization according to the disclosure.
Who signed the Paymentus (PAY) 8-K reporting the General Counsel’s departure?
The 8-K was signed on behalf of Paymentus by Dushyant Sharma, who is identified as Chairman, President and Chief Executive Officer. The signature is dated March 26, 2026, formally confirming the company’s disclosure of the leadership change.
What stock exchange lists Paymentus Class A common stock and under what symbol?
Paymentus Class A common stock, par value $0.0001 per share, is listed on the New York Stock Exchange under the trading symbol PAY. This listing information helps investors identify and trade the company’s publicly listed equity securities.