---
schema_version: "secwatch.filing_event.v1"
accession: "0000844856-22-000005"
form_type: "8-K"
ticker: "HCMC"
cik: "0000844856"
company_name: "Healthier Choices Management Corp."
filed_at: "2022-02-04T23:59:59+00:00"
generated_at: "2026-06-27T11:19:09.341337+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Healthier Choices extends CFO Ollet contract to Feb 2025; $300k salary +10% annual raises

## Summary
- Ollet continues as CFO through February 14, 2025, with automatic renewal unless 30-day notice.
- Base salary $300,000 for 2022; increases 10% per year to $330,000 in 2023 and $363,000 in 2024.
- Severance: 15-18 months salary if terminated without cause or upon change of control, subject to release.
- Agreement includes non-compete, non-solicitation, and confidentiality covenants lasting 1 year post-termination.

## SEC filing metadata
- accession: 0000844856-22-000005
- form_type: 8-K
- ticker: HCMC
- cik: 0000844856
- company_name: Healthier Choices Management Corp.
- filed_at: 2022-02-04T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/844856/000084485622000005/0000844856-22-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/844856/000084485622000005/2022_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000844856-22-000005
- JSON: https://secwatch.observer/filing/0000844856-22-000005.json
- Plain text: https://secwatch.observer/filing/0000844856-22-000005.txt

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