Craig Hurlbert's departure as Executive Chairman of Local Bounti Corporation/DE was reported, effective June 18, 2026; the filing names no successor. As of November 6, 2026, Local Bounti Corporation/DE has reported 2 leadership change filings to the SEC under Item 5.02 of Form 8-K, from May 15, 2026 to June 18, 2026, naming 2 departures (Form 8-K, June 18, 2026).
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Local Bounti Corporation/DE reported changes in 2 filings among its directors and officers to the SEC on Form 8-K, Item 5.02, from 2026-05-15 to 2026-06-18. They name 2 people. Every row below is cited to the filing it comes from, and this page adds each new change as Local Bounti Corporation/DE files it.
Also on the record for Local Bounti Corporation/DE
| Date | Record | Figure | Our page | Source |
|---|---|---|---|---|
| August 10, 2026 | Stake report, Schedule 13D/A, by Live Oak Ventures, LLC | 84.4% of the class | 5%+ stakes | Source |
| July 2, 2026 | Stake report, Schedule 13D/A, by Wheat Wind Farms, LLC | 7.4% of the class | 5%+ stakes | Source |
| March 18, 2026 | Stake report, Schedule 13D/A, by Live Oak Ventures, LLC | 79.8% of the class | 5%+ stakes | Source |
| August 5, 2025 | Stake report, Schedule 13D/A, by Live Oak Ventures, LLC | 59.9% of the class | 5%+ stakes | Source |
| April 9, 2025 | Form D, private offering | $25M sold | Form D page | Source |
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Local Bounti Corporation/DE elsewhere on the record
- 5%+ stake filings Aug 2026
- Form D filing Apr 2025
- Who owns it
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Timeline
| Filed | In / out | Person | Role | Effective | Source |
|---|---|---|---|---|---|
| 2026-06-18 | Out | Executive Chairman | 2026-06-18 | 8-K, 2026-06-18 | |
| 2026-06-18 | Out | Director | 2026-06-18 | 8-K, 2026-06-18 | |
| 2026-05-15 | Reported | not named in the filing | 8-K, 2026-05-15 |
Who leads Local Bounti Corporation/DE, as last reported?
For each role that changed in the filings below, the most recent change reported. A role that did not change in these filings is not listed.
- Director: Matthew Nordby, departure reported, effective 2026-06-18 (filed 2026-06-18). No successor is named in these filings.
- Executive Chairman: Craig Hurlbert, departure reported, effective 2026-06-18 (filed 2026-06-18). No successor is named in these filings.
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Find candidates like Executive Chairman at Local Bounti Corporation/DEEvery change, in the filing's words
Departing: Craig Hurlbert, Executive Chairman, effective 2026-06-18
On June 17, 2026, Craig Hurlbert announced his intention to resign as Executive Chairman and as a member of the Board of Directors (the "Board") of Local Bounti Corporation (the "Company"), effective as of June 18, 2026.
Departing: Matthew Nordby, Director, effective 2026-06-18
Also, on June 17, 2026, Matthew Nordby announced his intention to resign as a member of the Board, effective June 18, 2026.
- Craig Hurlbert served as Chairman of the Board.
- Mr. Nordby served as Lead Independent Director, as a member of the Board's Compensation Committee, and as chair of the Board's Nominating and Corporate Governance Committee.
- Messrs. Hurlbert's and Nordby's decisions were not based on any disagreement with the Company or its management.
- Upon the effectiveness of the resignations of Mr. Hurlbert and Mr. Nordby, the Board reduced the size of the Board from eight to six members.
- Effective as of June 18, 2026, the Board has appointed Travis Joyner as Chairman of the Board, Mark Nelson as Lead Independent Director, and the following Board committee members: Audit Committee - Mark Nelson (Chair), Pamela Brewster, and Michael Molnar; Compensation Committee - Pamela Brewster (Chair) and Mark Nelson; and Nominating and Corporate Governance Committee - Mark Nelson (Chair) and Pamela Brewster.
- Mr. Hurlbert will continue to serve as an employee of the Company.
Reported
On May 14, 2026, Local Bounti Corporation (the "Company") notified Dane Almassy, the Company's Chief Commercial Officer, that his employment with the Company ended effective May 14, 2026 (the "Separation Date").
- The Company presented Mr. Almassy with a separation agreement with the severance benefits specified in his employment agreement dated July 15, 2025, and a general release of claims, which he has 21 days to accept, if at all.
- Under his employment agreement, Mr. Almassy is entitled to receive his salary and other benefits accrued through the Separation Date and, subject to Mr. Almassy executing the general release of claims and adhering to the applicable restrictive covenants (other than with respect to accrued benefits), Mr. Almassy will be entitled to continuing salary payments and COBRA reimbursement payments for a period of six months following the Separation Date.
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Where this comes from
A public company must file a current report on Form 8-K with the SEC within four business days when a director leaves or is elected, or when its chief executive, chief financial, chief accounting or chief operating officer, or another named executive, departs or is appointed. That disclosure goes under Item 5.02 of the report.
Every change on this page is taken from one of those filings and quoted in the company's own words, with a link to the filing, so it can be checked at the source. Where a filing names the person, the role and the date a change takes effect, they are shown beside the quote. Where it does not, the quote stands on its own. A filing states what changed; it rarely states why, and neither does this page.