Galaxy Gaming CFO Hagerty to retire by April 30, 2025; orderly transition plan

Galaxy Gaming, Inc.

CFO Harry C. Hagerty to retire on April 30, 2025; employment extended one year from April 30, 2024.
Hagerty remains CFO until successor hired, then becomes Strategic Advisor through April 2025.
Salary stays $200k/yr until new CFO hired; then $12k/mo for 3 months, $6k/mo thereafter.
Will assist transition including Secretary/Treasurer role until successor obtains gaming license.
No bonus or executive compensation during extended term; only base salary and benefits.

item 5.02 item 9.01

Executive movements

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Departed

Harry C. Hagerty

Chief Financial Officer, Secretary and Treasurer

GLXZ · Galaxy Gaming, Inc.

Effective: 2025-04-30
Filed: April 23, 2024, 7:59 PM ET

extends the expiration date of the Hagerty employment agreement from April 30, 2024 to April 30, 2025 (the “Extended Term”), at which time Mr. Hagerty intends to retire from 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

Harry C. Hagerty departed as Chief Financial Officer, Secretary and Treasurer at Galaxy Gaming, Inc..

Action: retire
Role: Chief Financial Officer, Secretary and Treasurer

Exact text from the filing

extends the expiration date of the Hagerty employment agreement from April 30, 2024 to April 30, 2025 (the “Extended Term”), at which time Mr. Hagerty intends to retire from the Company;

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Galaxy Gaming, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-24-046711

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