Aspen Group terminates CAO Robert Alessi effective May 4, 2023 in cost-cutting move

ASPEN GROUP, INC.

Robert Alessi, Chief Accounting Officer, notified of termination on April 14, 2023, effective May 4, 2023.
Termination part of ongoing cost reduction efforts.
Alessi receives six months of base salary plus accrued pay and full vesting of previously granted equity awards.

item 5.02 item 9.01

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Departed

Robert Alessi

Chief Accounting Officer

ASPU · ASPEN GROUP, INC.

Effective: 2023-05-04
Filed: May 8, 2023, 7:59 PM ET

On April 14, 2023, Aspen Group, Inc. (the “Company”) notified Robert Alessi, the Company’s Chief Accounting Officer, that his employment with the Company was being terminated, effective May 4, 2023, as a part of the Company’s ongoing efforts to reduce costs.

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Executive change SEC 8-K Item 5.02 confidence 0.95

Robert Alessi was terminated as Chief Accounting Officer at ASPEN GROUP, INC..

Action: terminated
Role: Chief Accounting Officer

Exact text from the filing

On April 14, 2023, Aspen Group, Inc. (the “Company”) notified Robert Alessi, the Company’s Chief Accounting Officer, that his employment with the Company was being terminated, effective May 4, 2023, as a part of the Company’s ongoing efforts to reduce costs.

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ASPEN GROUP, INC. filing history →

Source: SEC EDGAR

accession 0001079973-23-000639

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