---
schema_version: "secwatch.filing_event.v1"
accession: "0001013762-23-000153"
form_type: "8-K"
ticker: null
cik: "0000854800"
company_name: "Tingo Group, Inc."
filed_at: "2023-10-02T23:59:59+00:00"
generated_at: "2026-06-10T06:42:22.132843+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Tingo Group appoints Amir Ayalon as CFO, C. Derek Campbell as director; issues 6.15M shares

## Summary
- Amir Ayalon appointed CFO effective Oct 2, succeeding Kevin Chen who becomes Asia-Pacific CFO.
- C. Derek Campbell appointed independent board director on Oct 2.
- Issued 6,151,428 unregistered shares on Sept 27 via warrant exercises and fee payments.
- Ayalon's consulting agreement: $500K base, bonuses up to 100%, equity incentives ≥$2.5M annually.
- Amended and restated bylaws filed as Exhibit 3(ii) on Sept 27.

## SEC filing metadata
- accession: 0001013762-23-000153
- form_type: 8-K
- cik: 0000854800
- company_name: Tingo Group, Inc.
- filed_at: 2023-10-02T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.02, 5.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/854800/000101376223000153/0001013762-23-000153-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/854800/000101376223000153/ea186129-8k_tingo.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001013762-23-000153
- JSON: https://secwatch.observer/filing/0001013762-23-000153.json
- Plain text: https://secwatch.observer/filing/0001013762-23-000153.txt

## Key facts
- Executive change
  Kevin Chen changed role as Chief Financial Officer for Asia-Pacific operations at Tingo Group, Inc..
  - Action: succeeded
  - Role: Chief Financial Officer for Asia-Pacific operations
  source text: Mr. Ayalon succeeds Kevin Chen, who will remain with the Company as its Chief Financial Officer for its Asia-Pacific operations.
  evidence_url: https://www.sec.gov/Archives/edgar/data/854800/000101376223000153/0001013762-23-000153-index.htm
- Executive change
  C. Derek Campbell was appointed as Independent Member of the Board of Directors at Tingo Group, Inc..
  - Action: appointed
  - Role: Independent Member of the Board of Directors
  source text: On October 2, 2023, the Company appointed C. Derek Campbell as an independent member of its Board of Directors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/854800/000101376223000153/0001013762-23-000153-index.htm
- Executive change
  Amir Ayalon was appointed as Chief Financial Officer at Tingo Group, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: Also on October 2, 2023, the Board of Directors appointed Amir Ayalon as the Company’s Chief Financial Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/854800/000101376223000153/0001013762-23-000153-index.htm
- Governance Changes
  Tingo Group, Inc.: Amended and restated Bylaws (effective 2023-09-27).
  - Change: bylaw amendment
  - Effective: 2023-09-27
  source text: On September 27, 2023, the Registrant amended and restated its Bylaws.
  evidence_url: https://www.sec.gov/Archives/edgar/data/854800/000101376223000153/0001013762-23-000153-index.htm

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