---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-022269"
form_type: "8-K"
ticker: "GEG"
cik: "0001831096"
company_name: "Great Elm Group, Inc."
filed_at: "2023-05-15T23:59:59+00:00"
generated_at: "2026-06-15T01:32:17.994344+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-23-022269
- form_type: 8-K
- ticker: GEG
- cik: 0001831096
- company_name: Great Elm Group, Inc.
- filed_at: 2023-05-15T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1831096/000095017023022269/0000950170-23-022269-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1831096/000095017023022269/geg-20230515.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-022269
- JSON: https://secwatch.observer/filing/0000950170-23-022269.json
- Plain text: https://secwatch.observer/filing/0000950170-23-022269.txt

## Key facts
- Executive change
  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
  source text: On May 15, 2023, Brent J. Pearson resigned as Chief Financial Officer and Chief Accounting Officer of Great Elm Group, Inc.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1831096/000095017023022269/0000950170-23-022269-index.htm
- Executive change
  Keri A. Davis was appointed as Chief Financial Officer at Great Elm Group, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1831096/000095017023022269/0000950170-23-022269-index.htm

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