Skillz Inc. has announced an amendment to the side letter regarding the departure of its Chief Financial Officer, Gaetano Franceschi. Originally set to leave on March 31, 2026, the new agreement extends his tenure until the earlier of October 1, 2026, or a mutually agreed date following the appointment of a permanent successor. This decision was approved by the Board and the Compensation Committee on March 19, 2026. Under the terms of the amendment, Mr. Franceschi will continue to receive his current compensation and may be eligible for an additional $300,000, contingent upon his continued service through the new departure date, along with a discretionary bonus of up to $300,000 based on performance metrics. The company is actively searching for a permanent successor for the CFO position and will announce the appointment once the search concludes. This extension allows for a smoother transition and continuity in leadership during this critical period for the company.

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