8-K filed January 21, 2022, 6:59 PM ET ticker XWEL CIK 0001410428

leadership confidence high sentiment neutral materiality 0.65

XpresSpa appoints Scott Milford as President and CEO, succeeding Doug Satzman

XWELL, Inc.

Scott R. Milford appointed President and CEO effective Jan 19, 2022, succeeding Doug Satzman who resigned for personal reasons.
Milford previously served as COO since Dec 2020 and earlier as Chief People Officer since July 2019.
Milford also appointed to the Board with term expiring at 2022 Annual Meeting.
Chairman Bernstein cited Milford's role in pivot to travel health brands and CDC biosurveillance program.
Satzman's severance subject to release agreement and resignation as director.

item 8.01 item 5.02 item 9.01

Executive movements

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

Departed

Douglas Satzman

President and Chief Executive Officer

XWEL · XWELL, Inc.

Effective: 2022-01-19
Successor: Scott R. Milford
Filed: January 21, 2022, 6:59 PM ET

The appointment of Mr. Milford follows the resignation of Douglas Satzman as the President and Chief Executive Officer of the Company for personal reasons effective as of the same date.

Departed

Douglas Satzman

director

XWEL · XWELL, Inc.

Effective: 2022-01-19
Successor: Scott R. Milford
Filed: January 21, 2022, 6:59 PM ET

subject to Mr. Satzman executing a general release in favor of the Company, resigning as a director of the Company

Appointed

Scott R. Milford

member of the Board

XWEL · XWELL, Inc.

Effective: 2022-01-19
Filed: January 21, 2022, 6:59 PM ET

the Board has appointed Mr. Milford as a member of the Board with an initial term expiring at the Company’s 2022 Annual Meeting of Stockholders, contingent upon and effective immediately following Mr. Satzman’s resignation as a director.

Appointed

Scott R. Milford

President and Chief Executive Officer

XWEL · XWELL, Inc.

Effective: 2022-01-19
Filed: January 21, 2022, 6:59 PM ET

On January 21, 2022, XpresSpa Group, Inc. (the “Company”) announced that it had appointed Scott R. Milford to the role of President and Chief Executive Officer of the Company, effective as of January 19, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Douglas Satzman resigned as President and Chief Executive Officer at XWELL, Inc..

Action: resigned
Role: President and Chief Executive Officer

Exact text from the filing

The appointment of Mr. Milford follows the resignation of Douglas Satzman as the President and Chief Executive Officer of the Company for personal reasons effective as of the same date.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Douglas Satzman resigned as director at XWELL, Inc..

Action: resigned
Role: director

Exact text from the filing

subject to Mr. Satzman executing a general release in favor of the Company, resigning as a director of the Company

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Scott R. Milford was appointed as member of the Board at XWELL, Inc..

Action: appointed
Role: member of the Board

Exact text from the filing

the Board has appointed Mr. Milford as a member of the Board with an initial term expiring at the Company’s 2022 Annual Meeting of Stockholders, contingent upon and effective immediately following Mr. Satzman’s resignation as a director.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Scott R. Milford was appointed as President and Chief Executive Officer at XWELL, Inc..

Action: appointed
Role: President and Chief Executive Officer

Exact text from the filing

On January 21, 2022, XpresSpa Group, Inc. (the “Company”) announced that it had appointed Scott R. Milford to the role of President and Chief Executive Officer of the Company, effective as of January 19, 2022.

View on SEC.gov

XWELL, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-22-006277

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