---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-001576"
form_type: "8-K"
ticker: "XWEL"
cik: "0001410428"
company_name: "XWELL, Inc."
filed_at: "2025-01-07T23:59:59+00:00"
generated_at: "2026-05-28T08:12:45.885282+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-25-001576
- form_type: 8-K
- ticker: XWEL
- cik: 0001410428
- company_name: XWELL, Inc.
- filed_at: 2025-01-07T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1410428/000110465925001576/0001104659-25-001576-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1410428/000110465925001576/tm251904d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-001576
- JSON: https://secwatch.observer/filing/0001104659-25-001576.json
- Plain text: https://secwatch.observer/filing/0001104659-25-001576.txt

## Key facts
- Executive change
  Suzanne Scrabis resigned as Chief Financial Officer at XWELL, Inc..
  - Action: resigned
  - Role: Chief Financial Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1410428/000110465925001576/0001104659-25-001576-index.htm
- Executive change
  Thomas Ian Brown was appointed as Chief Financial Officer at XWELL, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: As of the Brown Effective Date, Mr. Brown shall serve as the Company’s Chief Financial Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1410428/000110465925001576/0001104659-25-001576-index.htm

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