Research Solutions appoints Roy Olivier as permanent CEO; William Nurthen as CFO

Research Solutions, Inc.

Roy Olivier appointed President and CEO effective Oct 4, 2021; annual base salary $371,520.
William Nurthen appointed CFO effective Oct 4, 2021; salary $284,000, target bonus $184,000, and 100,000 restricted shares.
Alan Urban resigned as CFO and Secretary effective Oct 4, 2021; will provide transition services.
New employment agreements include severance (CEO: 18 months; CFO: 12 months salary continuation) and 2-year non-compete/non-solicit.

item 5.02 item 9.01

Executive movements

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

Appointed

William Nurthen

Chief Financial Officer

RSSS · Research Solutions, Inc.

Effective: 2021-10-04
Filed: October 5, 2021, 7:59 PM ET

On October 4, 2021, the Compensation Committee of the Registrant’s Board of Directors approved the Registrant’s entry into an Employment Agreement with William Nurthen (the “Nurthen Agreement”) pursuant to which Mr. Nurthen, age 48, will serve as the Registrant’s Chief Financial Officer.

Appointed

Roy W. Olivier

Chief Executive Officer and President

RSSS · Research Solutions, Inc.

Effective: 2021-10-04
Filed: October 5, 2021, 7:59 PM ET

On October 4, 2021, the Compensation Committee of the Registrant’s Board of Directors approved the Registrant’s entry into an Amended and Restated Employment Agreement with Roy W. Olivier (the “Olivier Agreement”) pursuant to which Mr. Olivier will serve as the Registrant’s Chief Executive Officer and President

Departed

Alan Urban

Chief Financial Officer and Secretary

RSSS · Research Solutions, Inc.

Effective: 2021-10-04
Successor: William Nurthen
Filed: October 5, 2021, 7:59 PM ET

On October 4, 2021, Alan Urban resigned as the Registrant’s Chief Financial Officer and Secretary.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

William Nurthen was appointed as Chief Financial Officer at Research Solutions, Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

On October 4, 2021, the Compensation Committee of the Registrant’s Board of Directors approved the Registrant’s entry into an Employment Agreement with William Nurthen (the “Nurthen Agreement”) pursuant to which Mr. Nurthen, age 48, will serve as the Registrant’s Chief Financial Officer.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Roy W. Olivier was appointed as Chief Executive Officer and President at Research Solutions, Inc..

Action: appointed
Role: Chief Executive Officer and President

Exact text from the filing

On October 4, 2021, the Compensation Committee of the Registrant’s Board of Directors approved the Registrant’s entry into an Amended and Restated Employment Agreement with Roy W. Olivier (the “Olivier Agreement”) pursuant to which Mr. Olivier will serve as the Registrant’s Chief Executive Officer and President

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Alan Urban resigned as Chief Financial Officer and Secretary at Research Solutions, Inc..

Action: resigned
Role: Chief Financial Officer and Secretary

Exact text from the filing

On October 4, 2021, Alan Urban resigned as the Registrant’s Chief Financial Officer and Secretary.

View on SEC.gov

Research Solutions, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-21-123201

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