Dynatronics appoints Brian Baker as CEO; John Krier becomes Interim CFO

DYNATRONICS CORP

Brian Baker appointed CEO and director effective Oct 1, 2023, succeeding John Krier, who resigned as CEO.
John Krier remains as Interim CFO and executive consultant while the company searches for a permanent CFO.
Baker's base salary $212k/year; eligible for $75k annual RSU award; potential initial grant of 50k RSUs and 15k stock options.
Baker's employment agreement includes 90-day base salary severance if terminated without cause within first 12 months.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

John Krier

Chief Executive Officer

DYNATRONICS CORP

Effective: 2023-10-01
Successor: Brian D. Baker
Filed: October 2, 2023, 7:59 PM ET

John Krier's resignation as Chief Executive Officer and as a member of its Board of Directors

Role change

Brian D. Baker

Chief Executive Officer

DYNATRONICS CORP

Effective: 2023-10-01
Filed: October 2, 2023, 7:59 PM ET

Brian D. Baker's (i) appointment as the Company's Chief Executive Officer and as a member of the Board, to fill the vacancies created by Mr. Krier's resignation from such positions, and (ii) resignation as the Company's Chief Operating Officer

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

John Krier resigned as Chief Executive Officer at DYNATRONICS CORP.

Action: resigned
Role: Chief Executive Officer

Exact text from the filing

John Krier's resignation as Chief Executive Officer and as a member of its Board of Directors

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Brian D. Baker was appointed as Chief Executive Officer at DYNATRONICS CORP.

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

Brian D. Baker's (i) appointment as the Company's Chief Executive Officer and as a member of the Board, to fill the vacancies created by Mr. Krier's resignation from such positions, and (ii) resignation as the Company's Chief Operating Officer

View on SEC.gov

Source: SEC EDGAR

accession 0001062993-23-018667

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