XWELL appoints Ian Brown as CFO effective Jan 6, 2025; Scrabis resigns

XWELL, Inc.

CFO Suzanne Scrabis resigns effective Jan 8, 2025; severance $11,538 bi-weekly for 6 months plus COBRA.
Ian Brown appointed CFO effective Jan 6; base salary $375K, signing bonus $75K, guaranteed bonus $75K, options for 37k shares.
Peter Vermeulen appointed head of HR and Mike Heronime as Marketing Director, both on fractional basis.
Brown has 25+ years in operational finance; previously Managing Director at Accordion.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Suzanne Scrabis

Chief Financial Officer

XWEL · XWELL, Inc.

Effective: 2025-01-08
Successor: Thomas Ian Brown
Filed: January 7, 2025, 6:59 PM ET

Suzanne Scrabis, and effective as January 8, 2025 (the “Scrabis Separation Date”), in connection with Ms. Scrabis’s resignation as the Chief Financial Officer of the Company.

Appointed

Thomas Ian Brown

Chief Financial Officer

XWEL · XWELL, Inc.

Effective: 2025-01-06
Filed: January 7, 2025, 6:59 PM ET

As of the Brown Effective Date, Mr. Brown shall serve as the Company’s Chief Financial Officer.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Suzanne Scrabis resigned as Chief Financial Officer at XWELL, Inc..

Action: resigned
Role: Chief Financial Officer

Exact text from the filing

Suzanne Scrabis, and effective as January 8, 2025 (the “Scrabis Separation Date”), in connection with Ms. Scrabis’s resignation as the Chief Financial Officer of the Company.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Thomas Ian Brown was appointed as Chief Financial Officer at XWELL, Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

As of the Brown Effective Date, Mr. Brown shall serve as the Company’s Chief Financial Officer.

View on SEC.gov

XWELL, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-25-001576

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