Sachem Capital Q1 rev up 43% to $14.7M; CFO departs, CEO takes interim role

Sachem Capital Corp.

2023-Q1 EPS reported $0.10 revenue$14,707,759

Preliminary Q1 revenue $14.7M (+43% YoY); net income $5.1M (+18% YoY); EPS $0.10 flat.
CFO John Warch departed May 4, 2023; departure not related to accounting disagreements.
CEO John Villano appointed interim CFO; company will search for new CFO.
Full Q1 results to be reported on May 15, 2023.

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

John E. Warch

Chief Financial Officer

SACH · Sachem Capital Corp.

Effective: 2023-05-04
Successor: John L. Villano
Filed: May 9, 2023, 7:59 PM ET

On May 8, 2023, Sachem Capital Corp. (the “Company”) announced the departure of John E. Warch, its Chief Financial Officer effective as of May 4, 2023.

Appointed (interim)

John L. Villano

interim Chief Financial Officer

SACH · Sachem Capital Corp.

Filed: May 9, 2023, 7:59 PM ET

The Board of Directors of the Company appointed John L. Villano, CPA, the company’s Chief Executive Officer, as interim Chief Financial Officer until the Company hires a new chief financial officer to replace Mr. Warch.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

John E. Warch departed as Chief Financial Officer at Sachem Capital Corp..

Action: departed
Role: Chief Financial Officer

Exact text from the filing

On May 8, 2023, Sachem Capital Corp. (the “Company”) announced the departure of John E. Warch, its Chief Financial Officer effective as of May 4, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

John L. Villano was appointed as interim Chief Financial Officer at Sachem Capital Corp..

Action: appointed
Role: interim Chief Financial Officer

Exact text from the filing

The Board of Directors of the Company appointed John L. Villano, CPA, the company’s Chief Executive Officer, as interim Chief Financial Officer until the Company hires a new chief financial officer to replace Mr. Warch.

View on SEC.gov

Sachem Capital Corp. filing history →

Source: SEC EDGAR

accession 0001104659-23-057293

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