{"url_path":"/sec/fubo/8-k/2026-07-09/item-5-02","section_key":"item-5-02","section_title":"Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-07-09","source_url":"https://www.sec.gov/Archives/edgar/data/1484769/0001493152-26-032696-index.html","accession_number":"0001493152-26-032696","cik":"0001484769","ticker":"FUBO","issuer_name":"FuboTV Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1484769/0001493152-26-032696-index.html","primary_entity_key":"0001484769","primary_entity_name":"FuboTV Inc."},"word_count":1202,"has_tables":true,"body_markdown":"**Item\n5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of\nCertain Officers.**\n\n \n\n*Chief\nExecutive Officer Appointment*\n\n* *\n\nOn\nJuly 9, 2026, the Board of Directors (the “Board”) of FuboTV Inc. (the “Company”) appointed Alisa\nBowen as Chief Executive Officer of the Company, effective July 10, 2026.\n\n \n\nMs.\nBowen, age 53, joins the Company from The Walt Disney Company (“Disney”),\nwhere she has served as President, Disney+ since September 2022. Prior to that\nposition, she served as Disney’s Executive Vice President, Business Operations, Disney Streaming from March 2019 to September\n2022 and Senior Vice President, Digital Media & Head of Technology, International from April 2017 to March 2019. Prior to\njoining Disney, Ms. Bowen served as Chief Technology Officer & Group Director, Digital at News Corp Australia Pty Limited from\nApril 2013 to March 2017, as General Manager, Wall Street Journal Digital Network at Dow Jones & Company, Inc. from December\n2010 to March 2013, and held multiple executive roles in Reuters Media at Thomson Reuters Corporation from September 2001 to\nDecember 2010. Ms. Bowen currently serves as Chair of the Board of Directors of Starlight Children’s Foundation. She received\na B.A. in Public Relations from Royal Melbourne Institute of Technology and an M.B.A. with Distinction from London Business\nSchool.\n\n \n\nThere\nare no arrangements or understandings between Ms. Bowen and any other person pursuant to which she is being appointed as Chief Executive\nOfficer of the Company. There are also no family relationships between Ms. Bowen and any director or executive officer of the Company,\nand Ms. Bowen does not have any direct or indirect material interest in any transaction required to be reported pursuant to Item 404(a)\nof Regulation S-K.  \n\n \n\nIn\nconnection with her appointment as Chief Executive Officer, the Company entered into an employment agreement with Ms. Bowen, effective\nJuly 10, 2026 (the “Bowen Employment Agreement”), that provides that her employment is at-will and does not have a\nspecified fixed term. Pursuant to the Bowen Employment Agreement, Ms. Bowen’s annual base salary will be $1,575,000, and she will\nbe eligible to receive an annual performance bonus, with her target bonus being 120% of her base salary and her bonus for 2026 to be\npro-rated to reflect the portion of the year during which she is employed with the Company. The Bowen Employment Agreement also provides\nthat Ms. Bowen will be granted an award of Company restricted stock units upon the commencement of her employment with the Company, with\nthe number of units subject to the award determined by dividing $3,500,000 by the closing price of the Company’s Class A common\nstock on the grant date. This award will be scheduled to vest over three years following the grant date and is intended to compensate\nMs. Bowen for her unvested equity awards that were forfeited upon her separation from employment with Disney. In addition, Ms. Bowen\nwill be granted an annual equity award for 2026 at the same time and on the same vesting and other terms as the Company’s 2026\nannual equity award grants for its other executive officers, with the aggregate value of her annual 2026 award as of the grant date to\nbe $8,000,000, and a one-time inducement bonus of $1,100,000 if Ms. Bowen remains employed with the Company through December 31, 2026\nor if her employment with the Company is terminated in circumstances that entitle her to severance benefits from the Company as described\nbelow. In addition, Ms. Bowen will be entitled to participate in the benefit programs made available to the Company’s executive\nofficers generally, to reimbursement of her expenses incurred to relocate to the New York area, to reimbursement for temporary housing\nexpenses in the New York area until she relocates, and to reimbursement for certain specified legal expenses incurred in connection with\nentering into the Bowen Employment Agreement.\n\n** **\n\n****\n\n2\n\n \n\n** **\n\nIn\nthe event Ms. Bowen’s employment is terminated by the Company without “cause” or by her for “good reason”\n(as such terms are defined in the Bowen Employment Agreement) and such termination does not occur during a “change in control period”\n(as defined in the Bowen Employment Agreement), she will be entitled to a cash severance payment equal to two times the amount of her\nannual base salary (payable in installments over the 24-month period following her termination date), plus a pro-rated amount of her\ntarget bonus for the year in which the termination occurs (paid in a lump sum following her termination). In addition, in such an event,\nthe Company would pay the premiums for continued health coverage for Ms. Bowen and her eligible dependents for up to 24 months following\nher termination and Ms. Bowen’s then-outstanding time-based equity awards granted by the Company would vest in full (with the vesting\nof any performance-based equity awards to be determined in accordance with the applicable award agreement). However, if such a termination\nof Ms. Bowen’s employment occurs during the period beginning six months before, and ending 24 months after, a change in control\nof the Company, Ms. Bowen will be entitled to a cash severance payment equal to two times the sum of her annual base salary and her annual\ntarget bonus for the year in which her termination occurs (payable in a lump sum following the later of her termination date or the change\nin control) in addition to the Company’s payment of premiums for continued health coverage and the accelerated vesting of Ms. Bowen’s\nthen-outstanding time-based equity awards described above. In each case, Ms. Bowen’s right to receive the severance payments described\nabove would be subject to her execution of a release of claims in favor of the Company.\n\n \n\nThe\nforegoing summary is qualified in its entirety by the provisions of the Bowen Employment Agreement, which is filed herewith as Exhibit\n10.1 and incorporated herein by reference.\n\n \n\nSubject\nto approval by the Board at its next regularly scheduled meeting, following the Company’s Annual Meeting of Stockholders\non July 28, 2026 (the “Annual Meeting”), it is anticipated that Ms. Bowen also\nwill be appointed to serve as a member of the Board.\n\n** **\n\n*Chief\nExecutive Officer Termination*\n\n* *\n\nOn\nJuly 9, 2026, David Gandler’s employment as Chief Executive Officer of the Company terminated, effective July 9, 2026. In connection\nwith the termination of Mr. Gandler’s employment, Mr. Gandler will be entitled to receive the severance benefits provided under\nhis employment agreement with the Company dated May 4, 2023 (the “Gandler Employment Agreement”) for a termination\nof his employment by the Company without “cause” (as defined in the Gandler Employment Agreement) that occurs within 24 months\nfollowing a “change in control” of the Company (as defined in the Gandler Employment Agreement), plus a prorated target bonus for the current fiscal year, subject to Mr. Gandler providing a release to the Company and Mr. Gandler’s compliance with his ongoing obligations\nto the Company in accordance with the Gandler Employment Agreement.\n\n \n\nOn\nJuly 9, 2026, Mr. Gandler also resigned from the Board in accordance with the terms of his employment agreement. The Board has withdrawn\nhis nomination for election to the Board at the Annual Meeting and, accordingly, Mr. Gandler will no longer stand for election to the\nBoard at the Annual Meeting."}