---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-055809"
form_type: "8-K"
ticker: "XWEL"
cik: "0001410428"
company_name: "XWELL, Inc."
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T21:31:48.761639+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# XWELL appoints Valerie Lightfoot as CFO effective June 12, 2023

## Summary
- Valerie Lightfoot named CFO; base salary $300K with 50% target bonus and equity grants.
- Receives 125K NQSOs and 125K RSUs vesting quarterly over 4 quarters starting June 12, 2023.
- Interim CFO Omar Haynes resumes VP of Treasury & Finance role on same date.
- Lightfoot brings 25+ years of financial leadership; prior CFO at Green River Spirits and Belimed.

## SEC filing metadata
- accession: 0001104659-23-055809
- form_type: 8-K
- ticker: XWEL
- cik: 0001410428
- company_name: XWELL, Inc.
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1410428/000110465923055809/0001104659-23-055809-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1410428/000110465923055809/tm2314657d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-055809
- JSON: https://secwatch.observer/filing/0001104659-23-055809.json
- Plain text: https://secwatch.observer/filing/0001104659-23-055809.txt

## Key facts
- Executive change
  Omar Haynes changed role as Vice President of Treasury & Finance at XWELL, Inc..
  - Action: resume
  - Role: Vice President of Treasury & Finance
  source text: Omar Haynes, who has been serving as Interim Chief Financial Officer of the Company since June 2022, will remain with the Company and resume his former role as Vice President of Treasury & Finance, effective June 12, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1410428/000110465923055809/0001104659-23-055809-index.htm
- Executive change
  Valerie Lightfoot was appointed as Chief Financial Officer at XWELL, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: Valerie Lightfoot has been appointed the Chief Financial Officer of the Company, effective June 12, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1410428/000110465923055809/0001104659-23-055809-index.htm

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