CreditRiskMonitor appoints Michael Flum as CEO; Jerry Flum becomes Executive Chairman

CREDITRISKMONITOR COM INC

Michael Flum appointed CEO and President effective May 1, 2023; previously COO and President.
Jerry Flum steps down as CEO after 24 years but remains Executive Chairman and stands for re-election.
Michael Flum's salary increased from $193,000 to $205,000; granted options for 50,000 shares with 10-year term.
Michael Flum is son of Jerry Flum and brother of Director Joshua Flum; holds MBA from Columbia.

item 5.02 item 9.01

Executive movements

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

Appointed

Michael Flum

Chief Executive Officer and President

CRMZ · CREDITRISKMONITOR COM INC

Effective: 2023-05-01
Filed: May 1, 2023, 7:59 PM ET

Effective May 1, 2023, the Company’s Board of Directors appointed Michael Flum, age 36, to serve as Chief Executive Officer and President.

Role change

Jerome S. Flum

Executive Chairman

CRMZ · CREDITRISKMONITOR COM INC

Effective: 2023-05-01
Successor: Michael Flum
Filed: May 1, 2023, 7:59 PM ET

Jerome S. Flum, who has served as the Company’s Chief Executive Officer since 1999, has notified the Company that he is stepping back from this position and the day-today management of the Company effective May 1, 2023.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Michael Flum was appointed as Chief Executive Officer and President at CREDITRISKMONITOR COM INC.

Action: appointed
Role: Chief Executive Officer and President

Exact text from the filing

Effective May 1, 2023, the Company’s Board of Directors appointed Michael Flum, age 36, to serve as Chief Executive Officer and President.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Jerome S. Flum changed role as Executive Chairman at CREDITRISKMONITOR COM INC.

Action: stepping back
Role: Executive Chairman

Exact text from the filing

Jerome S. Flum, who has served as the Company’s Chief Executive Officer since 1999, has notified the Company that he is stepping back from this position and the day-today management of the Company effective May 1, 2023.

View on SEC.gov

CREDITRISKMONITOR COM INC filing history →

Source: SEC EDGAR

accession 0001140361-23-022127

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