---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-075565"
form_type: "8-K"
ticker: "XWEL"
cik: "0001410428"
company_name: "XWELL, Inc."
filed_at: "2023-06-28T23:59:59+00:00"
generated_at: "2026-06-13T15:28:28.401900+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# XWELL appoints Suzanne A. Scrabis as CFO effective July 10, 2023; details compensation

## Summary
- Suzanne A. Scrabis named CFO, starting July 10, 2023; Omar Haynes returns to VP Treasury & Finance role.
- Annual base salary $300,000; short-term incentive target 50% of base salary, half guaranteed for 2023.
- Initial equity awards: 75,000 NQSOs and 100,000 RSUs vesting quarterly over one year; eligible for LTIP up to 1.75x salary.
- Severance: 50% of base salary paid over 6 months if terminated without cause or for good reason, subject to release.

## SEC filing metadata
- accession: 0001104659-23-075565
- form_type: 8-K
- ticker: XWEL
- cik: 0001410428
- company_name: XWELL, Inc.
- filed_at: 2023-06-28T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1410428/000110465923075565/0001104659-23-075565-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1410428/000110465923075565/tm2319842d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-075565
- JSON: https://secwatch.observer/filing/0001104659-23-075565.json
- Plain text: https://secwatch.observer/filing/0001104659-23-075565.txt

## Key facts
- Executive change
  Suzanne A. Scrabis was appointed as Chief Financial Officer at XWELL, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: Suzanne A. Scrabis has been appointed the Chief Financial Officer of the Company, effective July 10, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1410428/000110465923075565/0001104659-23-075565-index.htm
- Executive change
  Omar Haynes changed role as Vice President of Treasury & Finance at XWELL, Inc..
  - Action: resumed
  - 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 July 10, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1410428/000110465923075565/0001104659-23-075565-index.htm

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