Brera Holdings (BREA) names new CEO/CFO and reshapes board roles
Rhea-AI Filing Summary
Brera Holdings PLC reported significant leadership changes. On September 3, 2025, Pietro Bersani resigned as Chief Executive Officer and Chief Financial Officer, effective immediately, and the company stated his resignation was not due to any disagreement over operations, policies, or practices.
The board appointed Dr. Fabio Scacciavillani as both Chief Executive Officer and Chief Financial Officer, effective immediately, and he will remain a director but leave all board committees. Under a consulting agreement, he will receive a $400,000 annual salary, paid monthly, plus a restricted share award of 30,000 Class B Ordinary Shares vesting equally over three years, and will be eligible for a discretionary performance bonus.
The board also named Abhishek Mathews as an independent director and chair of the Audit Committee, while he joins the Audit, Compensation, and Nominating and Corporate Governance Committees. He will receive an annual fee of $56,000 and 5,000 Class B restricted shares, vesting over three years, and is covered by an indemnification agreement.
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Insights
Brera combines CEO/CFO roles, refreshes board leadership, and formalizes pay and protections.
The company reports the immediate resignation of Pietro Bersani as both CEO and CFO, stating it did not arise from disagreements over operations, policies, or practices. The board fills both top executive roles with a single individual, Dr. Fabio Scacciavillani, which concentrates decision-making and financial oversight in one person. He steps off all board committees, which keeps those oversight bodies fully non-executive.
His compensation package includes a
The appointment of Abhishek Mathews as an independent director and Audit Committee chair, with 5,000 Class B restricted shares and a
FAQ
What leadership changes did Brera Holdings (BREA) report in this Form 6-K?
Brera Holdings PLC reported that Pietro Bersani resigned as Chief Executive Officer and Chief Financial Officer, effective immediately. The board simultaneously appointed Dr. Fabio Scacciavillani as both Chief Executive Officer and Chief Financial Officer, also effective immediately, and confirmed that Mr. Bersani’s resignation was not due to any disagreement over the company’s operations, policies, or practices.
What is the compensation package for Brera Holdings’ new CEO and CFO, Dr. Fabio Scacciavillani?
Under a consulting agreement, Dr. Fabio Scacciavillani will receive an annual salary of $400,000, payable on the first of each month. He will also be granted a restricted share award of 30,000 Class B Ordinary Shares vesting equally over three years under the 2022 Equity Incentive Plan, and he is eligible for a performance bonus at the discretion of the Compensation Committee.
What role will Abhishek Mathews play at Brera Holdings (BREA) after this filing?
Abhishek Mathews, previously an executive director, has been appointed as an independent director. He will serve on the Audit Committee, the Compensation Committee, and the Nominating and Corporate Governance Committee, and will act as chair of the Audit Committee. He will continue as a director until a successor is duly elected and qualified or until his earlier death, resignation, disqualification, or removal.
How is independent director Abhishek Mathews compensated at Brera Holdings?
Pursuant to an independent director agreement, Abhishek Mathews is entitled to an annual fee of $56,000, paid in four equal installments. He will also receive a restricted share award of 5,000 Class B Ordinary Shares under the 2022 Equity Incentive Plan, vesting equally over three years.
Does Brera Holdings disclose any relationships or arrangements related to Abhishek Mathews’ appointment?
The company states there is no arrangement or understanding with any person under which Mr. Mathews was appointed as an independent director. It also notes that there are no family relationships between Mr. Mathews and any director or executive officer, and that he has not been involved in any transaction requiring disclosure under Item 404(a) of Regulation S-K.
What indemnification protections does Brera Holdings provide to independent director Abhishek Mathews?
Under an indemnification agreement in the company’s standard form for officers and directors, Brera Holdings will indemnify Abhishek Mathews to the fullest extent permitted by law. The company will advance preapproved expenses relating to any proceeding within 10 business days after receiving a statement requesting the advance, with any excess to be repaid. If the company maintains directors’ and officers’ liability insurance, Mr. Mathews will be covered to the maximum extent available for any of its directors or executive officers.