---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-004029"
form_type: "8-K"
ticker: "IONI"
cik: "0001580490"
company_name: "I-ON Digital Corp."
filed_at: "2023-02-02T23:59:59+00:00"
generated_at: "2026-06-20T02:21:38.495542+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# I-On Digital appoints Carlos Montoya as President after CEO and multiple directors resign

## Summary
- CEO Jae Cheol Oh and five directors (Jae Ho Cho, Hong Rae Kim, Eugene Hong, Jean Koh, Charlie Baik) resigned Feb 1, 2023.
- Carlos X. Montoya appointed to Board and as President; previously President/CEO of Republic Bank of Chicago ($2.2B assets).
- Rod Smith appointed Secretary; has entrepreneurial background including founding a public company.
- Montoya also Founder/Managing Member of Tall Ship Resource Development, focusing on Orebits Digital Asset ecosystem.

## SEC filing metadata
- accession: 0001140361-23-004029
- form_type: 8-K
- ticker: IONI
- cik: 0001580490
- company_name: I-ON Digital Corp.
- filed_at: 2023-02-02T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1580490/000114036123004029/0001140361-23-004029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1580490/000114036123004029/brhc10047460_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-004029
- JSON: https://secwatch.observer/filing/0001140361-23-004029.json
- Plain text: https://secwatch.observer/filing/0001140361-23-004029.txt

## Key facts
- Executive change
  Carlos X. Montoya was appointed as President at I-ON Digital Corp..
  - Action: appointed
  - Role: President
  source text: Mr. Montoya was also appointed as the Company’s President
  evidence_url: https://www.sec.gov/Archives/edgar/data/1580490/000114036123004029/0001140361-23-004029-index.htm
- Executive change
  Carlos X. Montoya was appointed as Director at I-ON Digital Corp..
  - Action: appointed
  - Role: Director
  source text: Carlos X. Montoya was appointed to the Board of Directors on February 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1580490/000114036123004029/0001140361-23-004029-index.htm
- Executive change
  Eugene Hong resigned as Director at I-ON Digital Corp..
  - Action: resigned
  - Role: Director
  source text: accepted the resignations of Jae Cheol Oh, as the Chief Executive Officer, Treasurer and Chairman and Jae Ho Cho, Hong Rae Kim, Eugene Hong, Jean Koh and Charlie Baik as directors of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1580490/000114036123004029/0001140361-23-004029-index.htm
- Executive change
  Rod Smith was appointed as Secretary at I-ON Digital Corp..
  - Action: appointed
  - Role: Secretary
  source text: Rod Smith was appointed Secretary of the Company, both effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1580490/000114036123004029/0001140361-23-004029-index.htm
- Executive change
  Hong Rae Kim resigned as Director at I-ON Digital Corp..
  - Action: resigned
  - Role: Director
  source text: accepted the resignations of Jae Cheol Oh, as the Chief Executive Officer, Treasurer and Chairman and Jae Ho Cho, Hong Rae Kim, Eugene Hong, Jean Koh and Charlie Baik as directors of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1580490/000114036123004029/0001140361-23-004029-index.htm
- Executive change
  Jae Cheol Oh resigned as Chief Executive Officer, Treasurer and Chairman at I-ON Digital Corp..
  - Action: resigned
  - Role: Chief Executive Officer, Treasurer and Chairman
  source text: On February 1, 2023, I-On Digital Corp (the “Company”) accepted the resignations of Jae Cheol Oh, as the Chief Executive Officer, Treasurer and Chairman
  evidence_url: https://www.sec.gov/Archives/edgar/data/1580490/000114036123004029/0001140361-23-004029-index.htm
- Executive change
  Jean Koh resigned as Director at I-ON Digital Corp..
  - Action: resigned
  - Role: Director
  source text: accepted the resignations of Jae Cheol Oh, as the Chief Executive Officer, Treasurer and Chairman and Jae Ho Cho, Hong Rae Kim, Eugene Hong, Jean Koh and Charlie Baik as directors of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1580490/000114036123004029/0001140361-23-004029-index.htm
- Executive change
  Charlie Baik resigned as Director at I-ON Digital Corp..
  - Action: resigned
  - Role: Director
  source text: accepted the resignations of Jae Cheol Oh, as the Chief Executive Officer, Treasurer and Chairman and Jae Ho Cho, Hong Rae Kim, Eugene Hong, Jean Koh and Charlie Baik as directors of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1580490/000114036123004029/0001140361-23-004029-index.htm
- Executive change
  Jae Ho Cho resigned as Director at I-ON Digital Corp..
  - Action: resigned
  - Role: Director
  source text: accepted the resignations of Jae Cheol Oh, as the Chief Executive Officer, Treasurer and Chairman and Jae Ho Cho, Hong Rae Kim, Eugene Hong, Jean Koh and Charlie Baik as directors of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1580490/000114036123004029/0001140361-23-004029-index.htm

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