---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-22-032299"
form_type: "8-K"
ticker: "GEG"
cik: "0001831096"
company_name: "Great Elm Group, Inc."
filed_at: "2022-09-06T23:59:59+00:00"
generated_at: "2026-06-23T15:44:06.436458+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Great Elm appoints Nichole Milz as COO effective Sep 6, 2022

## Summary
- Milz receives $275K salary, $225K minimum bonus target, and 48,544 RSUs vesting over 3 years.
- Milz brings 20+ years asset management experience, most recently 16 years at Magnetar Capital.
- Former COO Adam Kleinman remains President; Milz will oversee operations of the Company and portfolio companies.
- Milz holds a Master of Professional Accountancy from UT Austin; she also worked at Citadel and Ernst & Young.

## SEC filing metadata
- accession: 0001140361-22-032299
- form_type: 8-K
- ticker: GEG
- cik: 0001831096
- company_name: Great Elm Group, Inc.
- filed_at: 2022-09-06T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1831096/000114036122032299/0001140361-22-032299-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1831096/000114036122032299/brhc10041566_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-22-032299
- JSON: https://secwatch.observer/filing/0001140361-22-032299.json
- Plain text: https://secwatch.observer/filing/0001140361-22-032299.txt

## Key facts
- Executive change
  Nichole Milz was appointed as Chief Operating Officer at Great Elm Group, Inc..
  - Action: appointed
  - Role: Chief Operating Officer
  source text: On August 30, 2022, Great Elm Group, Inc. (the “Company”) appointed Nichole Milz, age 48, as Chief Operating Officer, effective September 6, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1831096/000114036122032299/0001140361-22-032299-index.htm
- Executive change
  Adam Kleinman changed role as President at Great Elm Group, Inc..
  - Action: continued
  - Role: President
  source text: In connection with Mrs. Milz' appointment, Adam Kleinman, formerly the Company’s President and Chief Operating Officer, will continue serving as the Company’s President, effective September 6, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1831096/000114036122032299/0001140361-22-032299-index.htm

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