---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-006277"
form_type: "8-K"
ticker: "XWEL"
cik: "0001410428"
company_name: "XWELL, Inc."
filed_at: "2022-01-21T23:59:59+00:00"
generated_at: "2026-06-27T16:28:21.042999+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-22-006277
- form_type: 8-K
- ticker: XWEL
- cik: 0001410428
- company_name: XWELL, Inc.
- filed_at: 2022-01-21T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1410428/000110465922006277/0001104659-22-006277-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1410428/000110465922006277/tm224035d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-006277
- JSON: https://secwatch.observer/filing/0001104659-22-006277.json
- Plain text: https://secwatch.observer/filing/0001104659-22-006277.txt

## Key facts
- Executive change
  Douglas Satzman resigned as President and Chief Executive Officer at XWELL, Inc..
  - Action: resigned
  - Role: President and Chief Executive Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1410428/000110465922006277/0001104659-22-006277-index.htm
- Executive change
  Douglas Satzman resigned as director at XWELL, Inc..
  - Action: resigned
  - Role: director
  source text: subject to Mr. Satzman executing a general release in favor of the Company, resigning as a director of the Company
  evidence_url: https://www.sec.gov/Archives/edgar/data/1410428/000110465922006277/0001104659-22-006277-index.htm
- Executive change
  Scott R. Milford was appointed as member of the Board at XWELL, Inc..
  - Action: appointed
  - Role: member of the Board
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1410428/000110465922006277/0001104659-22-006277-index.htm
- Executive change
  Scott R. Milford was appointed as President and Chief Executive Officer at XWELL, Inc..
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1410428/000110465922006277/0001104659-22-006277-index.htm

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