Leadership & Pay ·
Jonathan Reich appointed President and COO with $390K salary, up to two years separation pay
ZDGEZedge, Inc.
Zedge Inc. announced that Jonathan Reich transitioned from Chief Executive Officer to President and Chief Operating Officer effective October 1, 2026. The company entered into a three-year employment agreement providing an annual base salary of $390,000 with annual increases, plus a minimum performance bonus of $124,313. Separation pay is capped at two years of base salary and a prorated bonus upon termination without cause or resignation for good reason. The deal includes full acceleration of equity vesting under those conditions and an award of 100,000 shares of Class B common stock to be granted within 150 days. Zedge Inc. operates in the digital media industry, providing content discovery and engagement platforms.