GEG appoints Keri Davis as CFO after Brent Pearson resigns; Davis also remains CFO of GECC

Great Elm Group, Inc.

Brent Pearson resigned as CFO and CAO effective May 15, 2023; will stay as non-executive employee through Oct 31, 2023.
Severance agreement includes $87,500 cash payment on June 30, 2023, and accelerated vesting of unvested shares and options.
Keri Davis appointed CFO, effective immediately; base salary $240,000, target bonus up to $190,000 (50% cash, 50% equity).
Davis, 39, has served as CFO and Treasurer of GECC since March 2019 and was previously SEC Reporting Manager at GEG and GECC.
CEO Jason Reese expressed confidence in Davis' qualifications for the expanded role.

item 5.02 item 8.01 item 9.01

Executive movements

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Departed

Brent J. Pearson

Chief Financial Officer and Chief Accounting Officer

GEG · Great Elm Group, Inc.

Effective: 2023-05-15
Successor: Keri A. Davis
Filed: May 15, 2023, 7:59 PM ET

On May 15, 2023, Brent J. Pearson resigned as Chief Financial Officer and Chief Accounting Officer of Great Elm Group, Inc.

Appointed

Keri A. Davis

Chief Financial Officer

GEG · Great Elm Group, Inc.

Effective: 2023-05-15
Filed: May 15, 2023, 7:59 PM ET

On May 15, 2023, the Company appointed Keri A. Davis, age 39, as the Company’s Chief Financial Officer, effective immediately following Mr. Pearson’s resignation.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 1.0

Brent J. Pearson resigned as Chief Financial Officer and Chief Accounting Officer at Great Elm Group, Inc..

Action: resigned
Role: Chief Financial Officer and Chief Accounting Officer

Exact text from the filing

On May 15, 2023, Brent J. Pearson resigned as Chief Financial Officer and Chief Accounting Officer of Great Elm Group, Inc.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Keri A. Davis was appointed as Chief Financial Officer at Great Elm Group, Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

On May 15, 2023, the Company appointed Keri A. Davis, age 39, as the Company’s Chief Financial Officer, effective immediately following Mr. Pearson’s resignation.

View on SEC.gov

Great Elm Group, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-23-022269

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