---
schema_version: "secwatch.filing_event.v1"
accession: "0001013762-23-002350"
form_type: "8-K"
ticker: "DTGI"
cik: "0001014052"
company_name: "Digerati Technologies, Inc."
filed_at: "2023-10-06T23:59:59+00:00"
generated_at: "2026-06-10T03:10:43.878150+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Digerati CEO Arthur L. Smith takes temporary medical leave; Executive Chairman Craig K. Clement appointed interim CEO

## Summary
- CEO Arthur L. Smith's temporary medical leave effective October 6, 2023 due to recent surgery.
- Executive Chairman Craig K. Clement named interim CEO during Smith's absence; Clement has served on board since 2014.
- Board increased Clement's compensation by $2,500/month for the interim CEO role.
- Company states 'business as usual' citing strength of President Derek Gietzen and CFO Antonio Estrada.

## SEC filing metadata
- accession: 0001013762-23-002350
- form_type: 8-K
- ticker: DTGI
- cik: 0001014052
- company_name: Digerati Technologies, Inc.
- filed_at: 2023-10-06T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1014052/000101376223002350/0001013762-23-002350-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1014052/000101376223002350/ea186402-8k_digerati.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001013762-23-002350
- JSON: https://secwatch.observer/filing/0001013762-23-002350.json
- Plain text: https://secwatch.observer/filing/0001013762-23-002350.txt

## Key facts
- Executive change
  Craig K. Clement was appointed as interim Chief Executive Officer at Digerati Technologies, Inc..
  - Action: appointed
  - Role: interim Chief Executive Officer
  source text: On October 6, 2023, the Board of Directors of the Company (the “Board”) appointed Craig K. Clement, the current Executive Chairman of the Company, as interim CEO during Mr. Smith’s temporary medical leave of absence.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1014052/000101376223002350/0001013762-23-002350-index.htm
- Executive change
  Arthur L. Smith departed as Chief Executive Officer at Digerati Technologies, Inc..
  - Action: took a temporary medical leave of absence
  - Role: Chief Executive Officer
  source text: On October 6, 2023, Arthur L. Smith, the Chief Executive Officer (“CEO”) of Digerati Technologies, Inc. (the “Company”), notified the Company that he will take a temporary medical leave of absence from his role as CEO, effective immediately, in connection with his recent surgery.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1014052/000101376223002350/0001013762-23-002350-index.htm

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