---
schema_version: "secwatch.filing_event.v1"
accession: "0000944480-24-000037"
form_type: "8-K"
ticker: null
cik: "0000944480"
company_name: "GSE SYSTEMS INC"
filed_at: "2024-04-30T23:59:59+00:00"
generated_at: "2026-06-03T05:17:07.986681+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000944480-24-000037
- form_type: 8-K
- cik: 0000944480
- company_name: GSE SYSTEMS INC
- filed_at: 2024-04-30T23:59:59+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/944480/000094448024000037/0000944480-24-000037-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/944480/000094448024000037/form8-k_24apr2024.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000944480-24-000037
- JSON: https://secwatch.observer/filing/0000944480-24-000037.json
- Plain text: https://secwatch.observer/filing/0000944480-24-000037.txt

## Key facts
- Executive change
  Ravi Khanna was appointed as Class II Director at GSE SYSTEMS INC.
  - Action: appointed
  - Role: Class II Director
  source text: as well as a Class II Director of the Company, in each case effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/944480/000094448024000037/0000944480-24-000037-index.htm
- Executive change
  Ravi Khanna was appointed as Chief Executive Officer and President at GSE SYSTEMS INC.
  - Action: appointed
  - Role: Chief Executive Officer and President
  source text: appointment of Ravi Khanna as the newly appointed Chief Executive Officer and President of the Company
  evidence_url: https://www.sec.gov/Archives/edgar/data/944480/000094448024000037/0000944480-24-000037-index.htm

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