Bark Inc.
03/27/2026 | Press release | Distributed by Public on 03/27/2026 15:13
Management Change/Compensation (Form 8-K)
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment
of Certain Officers; Compensatory Arrangements of Certain Officers.
On March 24, 2026, BARK, Inc. (the "Company") and Zahir Ibrahim mutually agreed that Mr. Ibrahim will step down from his position as Chief Financial Officer of the Company and separate from employment with the Company, effective April 17, 2026. Mr. Ibrahim's departure is not the result of any disagreement with the Company's independent auditors or any member of management on any matter of accounting principles or practices, financial statement disclosure, or internal controls.
In connection with his departure, subject to his execution and non-revocation of the Company's standard form of separation and release agreement, Mr. Ibrahim will receive the severance payments and benefits provided under his Severance and Change in Control Agreement with the Company pursuant to his qualifying termination of employment under such agreement, as described in the Company's Proxy Statement filed with the United States Securities and Exchange Commission on February 12, 2026.
Brian Dostie, 51, will serve as the Company's Interim Chief Financial Officer and principal financial officer effective April 17, 2026. Mr. Dostie has served as the Company's Vice President, Accounting and Controller and principal accounting officer since May 2023, leading the Company's accounting team, including financial and SEC reporting, accounting, internal controls, and treasury. Prior to that, Mr. Dostie served as Interim Chief Financial Officer and Vice President, Accounting and Controllership of 80 Acres Urban Agriculture, Inc., where he oversaw various financial functions including accounting and reporting, audit, and treasury from October 2021 to April 2023. Prior to that role, he served at National Instruments Corporation, a public company, for over 20 years. His most recent role at National was Corporate Controller, from May 2018 to September 2021, where he was responsible for accounting, SEC reporting, FP&A, internal audit, treasury, and finance shared services. While at National Instruments Corporation, Mr. Dostie led the finance diligence, funding and purchase price accounting for the $365 million all-cash acquisition of OptimalPlus, Ltd., the largest acquisition in the company's history. In addition, he created and managed the global FP&A organization, oversaw the billion-dollar budget and strategic planning process and led the transition of the finance organization from a distributed model to a global shared services model. Mr. Dostie earned a B.A. in Finance from the University of Cincinnati, and an M.B.A. from Rutgers University.
There are no family relationships between Mr. Dostie and any director or executive officer of the Company and there is no transaction involving Mr. Dostie that would require disclosure under Item 404(a) of Regulation S-K. There are no arrangements or understandings between Mr. Dostie and any other persons pursuant to which he was selected to serve as the Company's principal financial officer.
The Company will initiate a search for a permanent Chief Financial Officer with the assistance of an external search firm.
Bark Inc. published this content on March 27, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on March 27, 2026 at 21:13 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]