GSE Systems names Ravi Khanna CEO, succeeding Kyle Loudermilk effective immediately

GSE SYSTEMS INC

Ravi Khanna appointed President and CEO effective April 30, 2024; also named Class II Director.
Khanna previously SVP of Professional Services; base salary increased to $350,000.
Kyle Loudermilk resigned as CEO and director; will remain until May 31, 2024 for transition.
Loudermilk's departure not due to disagreement; entered Separation Agreement with COBRA through Dec 31, 2024.
Board identified Khanna as potential successor several years ago; review reaffirmed him as ideal candidate.

item 5.02 item 7.01 item 9.01

Executive movements

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Appointed

Ravi Khanna

Class II Director

GSE SYSTEMS INC

Effective: 2024-04-30
Filed: April 30, 2024, 7:59 PM ET

as well as a Class II Director of the Company, in each case effective immediately.

Role change

Ravi Khanna

Chief Executive Officer and President

GSE SYSTEMS INC

Effective: 2024-04-30
Filed: April 30, 2024, 7:59 PM ET

appointment of Ravi Khanna as the newly appointed Chief Executive Officer and President of the Company

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Ravi Khanna was appointed as Class II Director at GSE SYSTEMS INC.

Action: appointed
Role: Class II Director

Exact text from the filing

as well as a Class II Director of the Company, in each case effective immediately.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Ravi Khanna was appointed as Chief Executive Officer and President at GSE SYSTEMS INC.

Action: appointed
Role: Chief Executive Officer and President

Exact text from the filing

appointment of Ravi Khanna as the newly appointed Chief Executive Officer and President of the Company

View on SEC.gov

Source: SEC EDGAR

accession 0000944480-24-000037

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