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Get filing alertsLemonade CFO Tim Bixby to transition to Board; SVP Finance Nick Stead named successor
Filed July 29, 2026 · Period ending July 27, 2026 · ~1 min read
Key Changes
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Tim Bixby will step down as CFO effective January 1, 2027, and join the Board as a Class III director in a planned transition that retains his institutional knowledge in a governance role.
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR → -
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Nick Stead, 33, currently SVP Finance, will become CFO and principal financial and accounting officer on the same date. Stead joined Lemonade in 2019, briefly left for Flex in 2022–2023, then returned and was promoted to SVP Finance in July 2024.
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR → -
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Stead played an instrumental role in Lemonade's IPO, secondary offering, a strategic acquisition, and recent sales and marketing growth financing arrangements, suggesting operational continuity.
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →
Summary
Lemonade disclosed a planned CFO transition effective January 1, 2027. Tim Bixby will step down from the CFO role and join the Board as a Class III director, retaining his involvement in company governance. Nick Stead, currently SVP Finance, will succeed Bixby as CFO and assume principal financial and accounting officer responsibilities.
Stead has been with Lemonade since December 2019, with a brief departure to Flex from February 2022 to March 2023. He returned to Lemonade in March 2023 and was promoted to SVP Finance in July 2024.
The filing highlights his involvement in major financial milestones including the IPO, secondary offering, an acquisition, and recent financing arrangements, suggesting deep institutional knowledge and operational continuity. The six-month lead time and Bixby's retention on the Board indicate a deliberate succession plan rather than an abrupt departure. Compensation and transition terms for both executives will be disclosed in an amended 8-K once finalized.
Section-by-Section Diff
Event · Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation
CFO Tim Bixby transitions to Board effective Jan 1, 2027; Nick Stead, SVP Finance, appointed successor CFO same date.
Added in current filing · verify on EDGAR →
On July 27, 2026, the Board appointed Nick Stead, 33, the Company's Senior Vice President Finance, to serve as Chief Financial Officer, effective as of January 1, 2027. Mr. Stead will be designated as principal financial officer and principal accounting officer.
Nick Stead, currently SVP Finance, will become CFO on January 1, 2027. Stead joined Lemonade in December 2019, left briefly for Flex (February 2022 to March 2023), then returned and was promoted to SVP Finance in July 2024. He has been involved in the company's IPO, secondary offering, an acquisition, and recent financing arrangements. Compensation terms will be disclosed in an amended 8-K.
Added in current filing · verify on EDGAR →
Mr. Stead joined the Company in December 2019 as Director FP&A and in September 2020 was promoted to Senior Director FP&A and Investor Relations. From February 2022 through March 2023, Mr. Stead then served as SVP, Finance and Business Operations at Flex, a consumer payment platform, before returning to Lemonade as VP Finance in March 2023 and being promoted to SVP Finance in July 2024. At Lemonade, Mr. Stead played an instrumental role in the Company's significant financial milestones, including the Company's initial public offering and secondary offering, a strategic acquisition, and more recently the Company's sales and marketing growth financing arrangements.
The filing details Stead's career progression at Lemonade and his brief departure to Flex. His involvement in major financial events (IPO, secondary offering, acquisition, financing arrangements) suggests operational continuity and deep institutional knowledge as he assumes the CFO role.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jul 30, 2026 · How we verify