home · filing · 0000034067-23-000122
8-K filed August 7, 2023, 7:59 PM ET
ticker BOOM
CIK 0000034067
leadership
confidence high
sentiment neutral
materiality 0.65
DMC Global names Michael Kuta as permanent CEO; adds Ouma Sananikone to board
DMC Global Inc.
Michael Kuta appointed sole President and CEO, effective Aug 4, 2023; he was interim co-CEO since Jan 2023.
Kuta's base salary raised to $675,000, with target bonus of $675,000 and annual LTI equity valued at $2.0 million.
Former co-CEO David Aldous steps down but remains Chairman of the Board.
Ouma Sananikone, 58, with 30+ years in finance, joins board effective Aug 4, 2023, serving on Risk Committee.
Kuta previously served as DMC's CFO from 2014 to Jan 2023; national search concluded.
Executive movements
Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements .
Effective 2023-08-04
Filed August 7, 2023, 7:59 PM ET
On August 4, 2023, Mr. Kuta was appointed as the sole President and CEO and a director of the Company
Role change
David Aldous
Chairman of the Board
Effective 2023-08-04
Successor Michael Kuta
Filed August 7, 2023, 7:59 PM ET
Mr. Aldous stepped down from his position as interim co-President and Chief Executive Officer.
Appointed
Ouma Sananikone
Director
Effective 2023-08-04
Filed August 7, 2023, 7:59 PM ET
the Company appointed Ouma Sananikone, 58, as a director of the Company
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Michael Kuta was appointed as President and Chief Executive Officer at DMC Global Inc..
Action appointed
Role President and Chief Executive Officer
Exact text from the filing
On August 4, 2023, Mr. Kuta was appointed as the sole President and CEO and a director of the Company
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
David Aldous changed role as Chairman of the Board at DMC Global Inc..
Action stepped down
Role Chairman of the Board
Exact text from the filing
Mr. Aldous stepped down from his position as interim co-President and Chief Executive Officer.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Ouma Sananikone was appointed as Director at DMC Global Inc..
Action appointed
Role Director
Exact text from the filing
the Company appointed Ouma Sananikone, 58, as a director of the Company
View on SEC.gov
Source: SEC EDGAR
accession 0000034067-23-000122
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.