On June 20, 2024, Michael Matlock notified Toast, Inc. that he will resign as the Company?s Chief Accounting Officer and principal accounting officer, effective August 9, 2024. Mr. Matlock?s decision to resign was not due to any disagreement relating to the Company?s management, policies or practices. Following Mr. Matlock?s resignation, Elena Gomez, the Company?s Chief Financial Officer, will serve as the Interim Chief Accounting Officer and interim principal accounting officer while the Company searches for a replacement for Mr. Matlock.
Toast, Inc. offers cloud-based, end-to-end technology digital platform for the restaurant community. The Companyâs platform provides a suite of software as a service (SaaS), products and financial technology solutions, including integrated payment processing, restaurant-grade hardware, and an ecosystem of third-party partners. The Company's portfolio spans several product categories, including restaurant operations and point of sale, digital ordering and delivery, marketing and loyalty, team management, supply chain and accounting, financial technology solutions, and platform and insights. The Company serves as the restaurant operating system, connecting front-of-house and back-of-house operations across dine-in, takeout, and delivery channels. The Companyâs subsidiaries include Toasttab Ireland Limited, Toast Capital LLC, Toast Processing Services LLC, Toast MSC, Inc., Stratex HoldCo, LLC and OAE Software, LLC.