UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 1, 2025
DIGIMARC CORPORATION
(Exact name of registrant as specified in its charter)
Oregon | 001-34108 | 26-2828185 | ||
(State or other jurisdiction of incorporation) |
(Commission File No.) |
(IRS Employer Identification No.) |
8500 SW Creekside Place, Beaverton Oregon 97008
(Address of principal executive offices) (Zip Code)
(503) 469-4800
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
Title of Each Class |
Trading Symbol |
Name of Each Exchange on Which Registered |
||
Common Stock, $0.001 Par Value Per Share | DMRC | The NASDAQ Stock Market LLC |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act (17 CFR 230.405) or Rule 12b-2 of the Exchange Act of 1934 (17 CFR 240.12b-2).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On June 1, 2025, the Board of Directors (the “Board”) of Digimarc Corporation (the “Company”) approved the appointment of Carle Quinn as the Company’s Chief Operating Officer, effective immediately. Ms. Quinn, age 49, previously served as Executive Vice President and Chief People Officer of the Company, a position she had held since April 29, 2024, where she led all aspects of the human resources function globally for the Company. Prior to joining the Company, Ms. Quinn served as Chief People Officer of Workato, making significant contributions during a period of rapid growth, and served as Global Vice President of GTM Strategy and Customer Value at Citrix, where she led customer engagement transformation initiatives that more than doubled growth in key solution areas. Prior to that, as Global Vice President of Value Experience at SAP SuccessFactors, she led a global team of over 400 professionals overseeing strategic value selling, solution and technology advisory, and value realization functions, driving a 50% increase in conversion rates and exceeding growth targets.
Ms. Quinn will be entitled to participate in the Company’s annual cash incentive program, long-term equity incentive program, and other benefit programs generally available to employees of the Company.
Item 7.01. | Regulation FD Disclosure. |
On June 4, 2025, the Company issued a press release announcing the appointment of Ms. Quinn as Chief Operating Officer. The press release is attached to this report as Exhibit 99.1.
Item 9.01. | Financial Statements and Exhibits. |
(d) Exhibits
Exhibit No. |
Description | |
99.1 | Press Release issued by the Company, dated June 4, 2025 | |
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: June 5, 2025
By: | /s/ George Karamanos |
|
George Karamanos | ||
Executive Vice President, Chief Legal Officer and Secretary |
Exhibit 99.1
Digimarc Appoints Carle Quinn as Chief Operating Officer to Lead Next Chapter of Strategy Execution and Operational Excellence
Beaverton, OR – June 4, 2025 – Digimarc, a global leader in digital watermarking, has promoted Carle Quinn to Chief Operating Officer (COO). This appointment reflects Digimarc’s commitment to accelerating its business transformation and building long-term shareholder value through operational excellence and scaling to meet market demands.
Since joining Digimarc as Chief People Officer in April 2024, Carle has been instrumental in aligning strategy with execution, fostering cross-functional collaboration, and advancing key growth initiatives. As Digimarc enters its next chapter, her proven ability to bridge strategy with operational discipline and talent optimization will be essential to driving scalable, sustainable growth.
With more than a decade of executive leadership experience, Carle brings deep cross-functional expertise spanning, go-to-market strategy, customer value, human capital, and large-scale transformation. Prior to joining Digimarc, she served as Global Vice President of GTM Strategy and Customer Value at Citrix, where she led customer engagement transformation initiatives that more than doubled growth in key solution areas. Previously, as Global Vice President of Value Experience at SAP SuccessFactors, she led a global team of over 400 professionals overseeing strategic value selling, solution and technology advisory, and value realization functions, driving a 50% increase in conversion rates and exceeding growth targets.
“Carle brings clarity, discipline, and a strategic mindset that enables her to connect vision to execution—aligning talent, operations, and priorities to accelerate growth,” said Riley McCormack, CEO of Digimarc. “She has played a pivotal role in making Digimarc a leaner, more agile enterprise. Elevating her to COO ensures we continue building the scalable systems, operational rigor, and accountability required to deliver on our long-term strategy.”
About Digimarc
Digimarc Corporation (NASDAQ: DMRC) is the pioneer and global leader in digital watermarking technologies. For nearly 30 years, Digimarc innovations and intellectual property in digital watermarking have been deployed at a massive scale for the identification and the authentication of physical and digital items. A notable example is our partnership with a consortium of the world’s central banks to deter counterfeiting of global currency. Digimarc is also instrumental in supporting global industry standards efforts spanning both the physical and digital worlds. In 2023, Digimarc was named to the Fortune 2023 Change the World list and honored as a 2023 Fast Company World Changing Ideas finalist. Learn more at Digimarc.com.
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Media Contact:
Mike Fitzsimons
Digimarc Corporation
509-469-4800
PR@digimarc.com