secwatch.observer — SEC 8-K summary
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Issuer:     CREDITRISKMONITOR COM INC (CRMZ)
CIK:        0000315958
Form:       8-K
Filed at:   2023-05-01T23:59:59+00:00
Accession:  0001140361-23-022127
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/315958/000114036123022127/0001140361-23-022127-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/315958/000114036123022127/brhc20052301_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-022127

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer