Payoneer COO Arnon Kraft to depart June 30, 2024, under separation agreement
Payoneer announced that Chief Operating Officer Arnon Kraft is expected to leave the role on June 30, 2024, with his employment continuing in a non-executive capacity through March 31, 2025. The separation agreement sets out salary continuation, a bonus eligibility of seventy-five percent of his 2024 target, and restrictive covenants, which matters to shareholders as a change in the company's senior operations leadership.
Key points
- Arnon Kraft expected to cease serving as Chief Operating Officer on June 30, 2024
- Kraft remains employed as a non-executive employee through March 31, 2025, including supporting transition activities
- Separation terms include eligibility for 75% of his 2024 target annual bonus and continued equity vesting through the departure date
- Payments are conditioned on a release of claims and restrictive covenants, including 6-month non-compete and 12-month non-solicitation
The filing
Written by AI on Nov 8, 2026, 6:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 29, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.