secwatch / observer
8-K filed January 26, 2022, 6:59 PM ET ticker XWEL CIK 0001410428
leadership confidence high sentiment neutral materiality 0.50

XpresSpa CEO Satzman receives $475K severance, equity vesting; Scott Milford named director

XWELL, Inc.

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
Filed
January 26, 2022, 6:59 PM ET
Douglas Satzman resigned as the President and Chief Executive Officer of the Company for personal reasons effective as of January 19, 2022.
Appointed

Scott R. Milford

member of the Board
XWEL · XWELL, Inc.
Effective
2022-01-21
Filed
January 26, 2022, 6:59 PM ET
The previously reported appointment of Scott R. Milford as a member of the Board with an initial term expiring at the Company’s 2022 Annual Meeting of Stockholders became effective as of January 21, 2022
Departed

Douglas Satzman

director
XWEL · XWELL, Inc.
Effective
2022-01-21
Successor
Scott R. Milford
Filed
January 26, 2022, 6:59 PM ET
the Separation and Release effectuates Mr. Satzman’s resignation a director of the Company and all of its subsidiaries.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

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
Douglas Satzman resigned as the President and Chief Executive Officer of the Company for personal reasons effective as of January 19, 2022.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 1.0

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 previously reported appointment of Scott R. Milford as a member of the Board with an initial term expiring at the Company’s 2022 Annual Meeting of Stockholders became effective as of January 21, 2022
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 1.0

Douglas Satzman resigned as director at XWELL, Inc..

Action
resigned
Role
director
Exact text from the filing
the Separation and Release effectuates Mr. Satzman’s resignation a director of the Company and all of its subsidiaries.
View on SEC.gov

XWELL, Inc. filing history →

Source: SEC EDGAR
accession 0001104659-22-007853
Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.