Director Betsy Peck resigns; Ron Cook enters consulting agreement as VP of Accounting & Finance

GENERATION INCOME PROPERTIES, INC.

Director Betsy Peck resigned Dec 31, 2024 for personal reasons; no disagreement with the company.
Ron Cook (via Cook Financial Partners) signed consulting agreement effective Jan 1, 2025 as VP of Accounting & Finance.
Consulting fee $20k/month for ~130 hrs/month; eligible for $75k annual RSU grants vesting over 3 years.
Agreement term 12 months, terminable by either party with 60 days' notice.

item 5.02 item 9.01

Executive movements

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Departed

Betsy Peck

Director

GIPR · GENERATION INCOME PROPERTIES, INC.

Effective: 2024-12-31
Filed: January 2, 2025, 6:59 PM ET

On December 31, 2024, Generation Income Properties, Inc. (the “Company”) received by email a resignation letter from Betsy Peck, a member of the Board of Directors (the “Resignation Letter”), pursuant to which Ms. Peck notified the Company of her resignation from the Board of Directors effective December 31, 2024, for personal reasons.

Role change

Ron Cook

Vice President of Accounting and Finance

GIPR · GENERATION INCOME PROPERTIES, INC.

Effective: 2025-01-01
Filed: January 2, 2025, 6:59 PM ET

On January 1, 2025, the Company and Cook Financial Partners, LLC (“Consultant”), an entity wholly owned and controlled by Ron Cook (the Company’s current Vice President of Accounting and Finance), entered into an Independent Consulting Agreement (the “Cook Agreement”). Under the Cook Agreement and on behalf of Consultant, Mr Cook will continue to serve as the Company’s Vice President of Accounting and Finance

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Betsy Peck resigned as Director at GENERATION INCOME PROPERTIES, INC..

Action: resigned
Role: Director

Exact text from the filing

On December 31, 2024, Generation Income Properties, Inc. (the “Company”) received by email a resignation letter from Betsy Peck, a member of the Board of Directors (the “Resignation Letter”), pursuant to which Ms. Peck notified the Company of her resignation from the Board of Directors effective December 31, 2024, for personal reasons.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Ron Cook changed role as Vice President of Accounting and Finance at GENERATION INCOME PROPERTIES, INC..

Action: continued as
Role: Vice President of Accounting and Finance

Exact text from the filing

On January 1, 2025, the Company and Cook Financial Partners, LLC (“Consultant”), an entity wholly owned and controlled by Ron Cook (the Company’s current Vice President of Accounting and Finance), entered into an Independent Consulting Agreement (the “Cook Agreement”). Under the Cook Agreement and on behalf of Consultant, Mr Cook will continue to serve as the Company’s Vice President of Accounting and Finance

View on SEC.gov

GENERATION INCOME PROPERTIES, INC. filing history →

Source: SEC EDGAR

accession 0000950170-25-000424

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