---
schema_version: "secwatch.filing_event.v1"
accession: "0001062993-23-004786"
form_type: "8-K"
ticker: "WTER"
cik: "0001532390"
company_name: "ALKALINE WATER Co INC"
filed_at: "2023-02-24T23:59:59+00:00"
generated_at: "2026-06-19T00:41:39.385983+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Alkaline Water CEO Frank Lazaran steps down due to medical concerns; Frank Chessman appointed CEO and President

## Summary
- Frank Lazaran resigned as CEO and President effective Feb 20, 2023, due to unforeseen medical issues; remains on Board of Directors.
- Frank Chessman, formerly Director of Sales and Operations, appointed as new CEO and President effective same date.
- Chessman has been with the company since inception and led sales growth to ~$100M in retail sales in 2022.
- Chessman's salary increased by $25,000 annually to $277,000, effective Feb 1, 2023, per employment agreement terms.
- Chessman holds a B.S. from USC and has over 50 years of experience in sales, marketing, and operations.

## SEC filing metadata
- accession: 0001062993-23-004786
- form_type: 8-K
- ticker: WTER
- cik: 0001532390
- company_name: ALKALINE WATER Co INC
- filed_at: 2023-02-24T23:59:59+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/1532390/000106299323004786/0001062993-23-004786-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1532390/000106299323004786/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001062993-23-004786
- JSON: https://secwatch.observer/filing/0001062993-23-004786.json
- Plain text: https://secwatch.observer/filing/0001062993-23-004786.txt

## Key facts
- Executive change
  Frank Chessman was appointed as Chief Executive Officer and President at ALKALINE WATER Co INC.
  - Action: appointed
  - Role: Chief Executive Officer and President
  source text: On the same date, we appointed Frank Chessman as our Chief Executive Officer and President.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1532390/000106299323004786/0001062993-23-004786-index.htm
- Executive change
  Frank Lazaran resigned as President and Chief Executive Officer at ALKALINE WATER Co INC.
  - Action: resigned
  - Role: President and Chief Executive Officer
  source text: Effective February 20, 2023, Frank Lazaran resigned as the President and Chief Executive Officer of our company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1532390/000106299323004786/0001062993-23-004786-index.htm

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