Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
On March 11, 2022, Slam Corp. (the "Company") announced the appointment of Ann
Berry as a new director of the Company. Ms. Berry has been appointed to serve on
the audit committee and compensation committee of the Company, with such
appointment effective upon her becoming a director of the Company.
Ann Berry has over 15 years of finance and investing experience. Ms. Berry has
served as the Chief Investment Officer at Wheelhouse, the media, marketing and
commerce platform, since February 2021. Ms. Berry leads Wheelhouse's direct
investments in high growth technology and consumer businesses. Ms. Berry also
serves as a Senior Advisor at Cornell Capital, a $5 billion private investment
firm founded by the former Vice Chairman of Goldman Sachs' Merchant Banking
Division. Ms. Berry was a Partner and Investment Committee member at Cornell
Capital until January 2021 and previously spent her career in New York at
Goldman Sachs' Merchant Banking Division from 2008 to 2017. She began her career
in London in Goldman Sachs' Mergers & Strategic Advisory Group, followed by the
European Merchant Banking Division. At Goldman Sachs and Cornell Capital,
Ms. Berry invested private equity funds by executing on leveraged buy outs of
businesses across sectors and served as a Director of PureStar Linen Group (CC
PS Parent LLC), Blue Mistral, LLC, GCA Services Group, Inc., U.S. Security
Associates, Inc., Interline Brands Inc. and Cognition Financial Corporation
(formerly, The First Marblehead Corporation). Ms. Berry is a regular TV
contributor on Bloomberg, CNBC and Fox Business Network. Ms. Berry earned a
Bachelor of Arts with First Class honors from the University of Cambridge and a
Master of Business Administration with High Distinction (Baker Scholar) from
Harvard Business School, which she attended as a Kennedy Memorial Scholar.
The board of directors of the Company has affirmatively determined that
Ms. Berry meets the applicable standards for an independent director under both
the rules of the Nasdaq Capital Market and Rule 10A-3 under the Securities
Exchange Act of 1934.
Ms. Berry will not be compensated by the Company for her services as a director
and has not entered into an employment agreement with the Company.
In connection with this appointment, Ms. Berry is expected to enter into an
indemnity agreement, registration and shareholder rights agreement and a letter
agreement with the Company on the same terms as the indemnity agreements,
registration and shareholder rights agreement and letter agreement entered into
by the directors and officers of the Company at the time of the Company's
initial public offering.
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