Electromed appoints Michelle Wirtz as Interim CFO; base salary $220K, 30% target bonus

Electromed, Inc.

Michelle C. Wirtz promoted to Interim CFO, Treasurer and Secretary effective June 1, 2022.
New annual base salary of $220,000; eligible for bonus with 30% of base target from FY2023.
For a non-cause termination within 12 months after a change of control, she receives 100% base salary plus pro-rated company-performance bonus and 12 months COBRA premium continuation.
Former CFO Michael J. MacCourt ceased those roles on June 1, 2022; remains employed through July 1, 2022 for transition.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Michael J. MacCourt

Chief Financial Officer, Treasurer and Secretary

ELMD · Electromed, Inc.

Effective: 2022-06-01
Successor: Michelle C. Wirtz
Filed: June 7, 2022, 7:59 PM ET

Michael J. MacCourt, the Company’s former Chief Financial Officer, Treasurer and Secretary, ceased to serve in those positions upon the commencement of Ms. Wirtz’s promotion.

Appointed (interim)

Michelle C. Wirtz

Interim Chief Financial Officer, Treasurer and Secretary

ELMD · Electromed, Inc.

Effective: 2022-06-01
Filed: June 7, 2022, 7:59 PM ET

Michelle C. Wirtz commenced service as Interim Chief Financial Officer, Treasurer and Secretary of Electromed, Inc. (the “Company”), effective June 1, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Michael J. MacCourt departed as Chief Financial Officer, Treasurer and Secretary at Electromed, Inc..

Action: ceased to serve
Role: Chief Financial Officer, Treasurer and Secretary

Exact text from the filing

Michael J. MacCourt, the Company’s former Chief Financial Officer, Treasurer and Secretary, ceased to serve in those positions upon the commencement of Ms. Wirtz’s promotion.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Michelle C. Wirtz was appointed as Interim Chief Financial Officer, Treasurer and Secretary at Electromed, Inc..

Action: commenced service
Role: Interim Chief Financial Officer, Treasurer and Secretary

Exact text from the filing

Michelle C. Wirtz commenced service as Interim Chief Financial Officer, Treasurer and Secretary of Electromed, Inc. (the “Company”), effective June 1, 2022.

View on SEC.gov

Electromed, Inc. filing history →

Source: SEC EDGAR

accession 0000897101-22-000581

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