---
schema_version: "secwatch.filing_event.v1"
accession: "0000918545-24-000005"
form_type: "8-K"
ticker: null
cik: "0000918545"
company_name: "BALTIC INTERNATIONAL USA INC"
filed_at: "2024-11-01T23:59:59+00:00"
generated_at: "2026-05-30T07:11:16.935485+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000918545-24-000005
- form_type: 8-K
- cik: 0000918545
- company_name: BALTIC INTERNATIONAL USA INC
- filed_at: 2024-11-01T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/918545/000091854524000005/0000918545-24-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/918545/000091854524000005/r8k2024-10-16.txt

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000918545-24-000005
- JSON: https://secwatch.observer/filing/0000918545-24-000005.json
- Plain text: https://secwatch.observer/filing/0000918545-24-000005.txt

## Key facts
- Executive change
  Robert L. Knauss departed as Chairman of the Board at BALTIC INTERNATIONAL USA INC.
  - Action: passed away
  - Role: Chairman of the Board
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/918545/000091854524000005/0000918545-24-000005-index.htm
- Executive change
  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
  source text: David Grossman, the Company's Chief Executive Officer and Chief Financial Officer, will assume the duties as the Company's Chairman of the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/918545/000091854524000005/0000918545-24-000005-index.htm

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