An announcement from Katapult Holdings (KPLT) is now available.
Katapult Holdings, Inc. has announced the promotion of Derek Medlin from Chief Operating Officer to President and Chief Growth Officer, effective August 16, 2024. This adjustment brings changes to the company’s internal structure, with Medlin now overseeing business development, marketing, and operations. His salary has been increased to $520,000 with a revised short-term incentive bonus target of 100%. Medlin’s extensive experience includes previous roles at JPMorgan Chase and Elavon, illustrating his qualifications for this significant leadership position within Katapult.
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