secwatch.observer — SEC 8-K summary
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Issuer:     Cytosorbents Corp (CTSO)
CIK:        0001175151
Form:       8-K
Filed at:   2023-04-20T23:59:59+00:00
Accession:  0001104659-23-047426
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CytoSorbents Chairman Al W. Kraus to retire; will not stand for reelection
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- Al W. Kraus notified board of retirement; term ends at June 6, 2023 annual meeting.
- Kraus served as director since 2003 and Chairman since 2009; also former CEO from 2003-2008.
- Company expects to enter consulting arrangement with Kraus for limited post-retirement advice.
- Retirement not due to any disagreements with company's operations, policies, or practices.
- Press release dated April 19, 2023 announced his retirement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1175151/000110465923047426/0001104659-23-047426-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1175151/000110465923047426/tm2313283d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-047426

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