---
schema_version: "secwatch.filing_event.v1"
accession: "0000034067-23-000122"
form_type: "8-K"
ticker: "BOOM"
cik: "0000034067"
company_name: "DMC Global Inc."
filed_at: "2023-08-07T23:59:59+00:00"
generated_at: "2026-06-12T05:04:12.806156+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# DMC Global names Michael Kuta as permanent CEO; adds Ouma Sananikone to board

## Summary
- 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.

## SEC filing metadata
- accession: 0000034067-23-000122
- form_type: 8-K
- ticker: BOOM
- cik: 0000034067
- company_name: DMC Global Inc.
- filed_at: 2023-08-07T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/34067/000003406723000122/0000034067-23-000122-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/34067/000003406723000122/boom-20230804.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000034067-23-000122
- JSON: https://secwatch.observer/filing/0000034067-23-000122.json
- Plain text: https://secwatch.observer/filing/0000034067-23-000122.txt

## Key facts
- Executive change
  Michael Kuta was appointed as President and Chief Executive Officer at DMC Global Inc..
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: On August 4, 2023, Mr. Kuta was appointed as the sole President and CEO and a director of the Company
  evidence_url: https://www.sec.gov/Archives/edgar/data/34067/000003406723000122/0000034067-23-000122-index.htm
- Executive change
  David Aldous changed role as Chairman of the Board at DMC Global Inc..
  - Action: stepped down
  - Role: Chairman of the Board
  source text: Mr. Aldous stepped down from his position as interim co-President and Chief Executive Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/34067/000003406723000122/0000034067-23-000122-index.htm
- Executive change
  Ouma Sananikone was appointed as Director at DMC Global Inc..
  - Action: appointed
  - Role: Director
  source text: the Company appointed Ouma Sananikone, 58, as a director of the Company
  evidence_url: https://www.sec.gov/Archives/edgar/data/34067/000003406723000122/0000034067-23-000122-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
