Summary by Futu AI
reAlpha Tech Corp. has appointed William B. Miller as Chief Financial Officer, effective August 19, 2024, replacing interim CFO Michael J. Logozzo, who will continue as COO and President. Miller brings over 20 years of finance reporting and leadership experience, most recently serving as Chief Accounting Officer at Sunlight Financial Holdings.Miller's background includes serving as CFO and Treasurer of KKR Real Estate Finance Trust Inc. from 2015 to 2018, where he managed financial strategy, capital raises, and regulatory reporting. He also held various roles at Fortress Investment Group LLC from 2009 to 2015, including Controller of New Residential Investment Corp.Under his employment agreement, Miller will receive an annual base salary of $250,000 and an annual cash incentive bonus of 66.7% of base salary based on performance targets. He is also eligible for equity awards under the company's 2022 Equity Incentive Plan, subject to performance criteria established by the Compensation Committee.