---
schema_version: "secwatch.filing_event.v1"
accession: "0000897101-23-000235"
form_type: "8-K"
ticker: "ELMD"
cik: "0001488917"
company_name: "Electromed, Inc."
filed_at: "2023-06-05T23:59:59+00:00"
generated_at: "2026-06-14T07:17:28.800619+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Electromed names Jim Cunniff as CEO effective July 1, 2023; Kathleen Skarvan to become Chair

## Summary
- James L. Cunniff appointed President & CEO, effective July 1, 2023; also joins Board.
- Base salary of $500k; eligible for annual bonus (50% target), plus initial equity grants of 175k RSUs and 175k options.
- Current CEO Kathleen Skarvan retires but remains as Chair of the Board; director Lee Jones not standing for re-election.
- Board size increased from 8 to 9 to accommodate Cunniff; Jones to serve until November 2023 annual meeting.
- Cunniff brings over 30 years MedTech experience; most recently CEO of Provista.

## SEC filing metadata
- accession: 0000897101-23-000235
- form_type: 8-K
- ticker: ELMD
- cik: 0001488917
- company_name: Electromed, Inc.
- filed_at: 2023-06-05T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1488917/000089710123000235/0000897101-23-000235-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1488917/000089710123000235/elmd230654_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000897101-23-000235
- JSON: https://secwatch.observer/filing/0000897101-23-000235.json
- Plain text: https://secwatch.observer/filing/0000897101-23-000235.txt

## Key facts
- Executive change
  James L. Cunniff was appointed as Chief Executive Officer and President at Electromed, Inc..
  - Action: appointed
  - Role: Chief Executive Officer and President
  source text: On June 5, 2023, Electromed, Inc. (the "Company") announced the appointment of James L. Cunniff to serve as its next Chief Executive Officer and President, beginning July 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1488917/000089710123000235/0000897101-23-000235-index.htm
- Executive change
  James L. Cunniff was appointed as Director at Electromed, Inc..
  - Action: appointed
  - Role: Director
  source text: The Company's board of directors (the "Board") has also approved an increase in its size to nine members and appointed Mr. Cunniff to serve as an additional director effective as of the same date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1488917/000089710123000235/0000897101-23-000235-index.htm
- Executive change
  Lee A. Jones departed as Director at Electromed, Inc..
  - Action: will not stand for election
  - Role: Director
  source text: current director Lee A. Jones will not stand for election and is expected to serve the rema
  evidence_url: https://www.sec.gov/Archives/edgar/data/1488917/000089710123000235/0000897101-23-000235-index.htm

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