Chairman Robert L. Knauss dies unexpectedly; CEO David Grossman assumes Chairman role

BALTIC INTERNATIONAL USA INC

Company informed on Oct 20, 2024 of the unexpected death of Chairman Robert L. Knauss on Oct 16, 2024.
Mr. Knauss had served as Chairman since the company's inception in March 1991 and as CEO from Jan 1994 to Feb 2010.
CEO and CFO David A. Grossman will assume the duties of Chairman of the Board.
David Grossman expressed condolences and sadness over the loss of the founder.

item 5.02

Executive movements

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Departed

Robert L. Knauss

Chairman of the Board

BALTIC INTERNATIONAL USA INC

Effective: 2024-10-16
Successor: David Grossman
Filed: November 1, 2024, 7:59 PM ET

On October 20, 2024, Baltic International USA, Inc. (the "Company") was informed of the unexpected death of Chairman Robert L. Knauss, who passed away on October 16, 2024.

Appointed

David Grossman

Chairman of the Board

BALTIC INTERNATIONAL USA INC

Filed: November 1, 2024, 7:59 PM ET

David Grossman, the Company's Chief Executive Officer and Chief Financial Officer, will assume the duties as the Company's Chairman of the Board.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Robert L. Knauss departed as Chairman of the Board at BALTIC INTERNATIONAL USA INC.

Action: passed away
Role: Chairman of the Board

Exact text from the filing

On October 20, 2024, Baltic International USA, Inc. (the "Company") was informed of the unexpected death of Chairman Robert L. Knauss, who passed away on October 16, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

David Grossman was appointed as Chairman of the Board at BALTIC INTERNATIONAL USA INC.

Action: will assume the duties as
Role: Chairman of the Board

Exact text from the filing

David Grossman, the Company's Chief Executive Officer and Chief Financial Officer, will assume the duties as the Company's Chairman of the Board.

View on SEC.gov

Source: SEC EDGAR

accession 0000918545-24-000005

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