home · filing · 0001104659-23-072254
8-K
filed June 16, 2023, 7:59 PM ET
ticker XWEL
CIK 0001410428
leadership
confidence high
sentiment negative
materiality 0.55
XWELL CFO hire does not proceed; interim CFO continues with RSU grant
XWELL, Inc.
Valerie Lightfoot's employment as CFO did not commence as planned on June 12, 2023.
Company decided to move in a different direction for permanent CFO search.
Omar A. Haynes continues as Interim CFO and principal financial/accounting officer.
Haynes receives one-time grant of 100,000 RSUs vesting quarterly over one year.
RSU vesting starts Q3 2023, fully vested by June 30, 2024, subject to continuous service.
Executive movements
Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements .
Departed
Valerie Lightfoot
Chief Financial Officer
Effective 2023-06-12
Filed June 16, 2023, 7:59 PM ET
the employment of Valerie Lightfoot as the Company’s Chief Financial Officer did not commence on June 12, 2023, as previously announced.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Valerie Lightfoot departed as Chief Financial Officer at XWELL, Inc..
Action did not commence
Role Chief Financial Officer
Exact text from the filing
the employment of Valerie Lightfoot as the Company’s Chief Financial Officer did not commence on June 12, 2023, as previously announced.
View on SEC.gov
Source: SEC EDGAR
accession 0001104659-23-072254
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