---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-037100"
form_type: "8-K"
ticker: "SNWV"
cik: "0001417663"
company_name: "SANUWAVE Health, Inc."
filed_at: "2023-07-31T23:59:59+00:00"
generated_at: "2026-06-12T21:54:35.632462+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# SANUWAVE Health appoints Andrew Walko as President with $230K salary and 22.5M share option grant

## Summary
- Andrew Walko appointed President effective July 31, 2023; previously President at Biomerics.
- Base salary of $230,000 with annual bonus potential of 25% of base salary.
- Option grant for 22.5 million shares vesting in three equal tranches over 36 months.
- Walko brings 17 years of medical device contract manufacturing and supply chain experience.
- CEO Morgan Frank states Walko will help expand manufacturing capabilities and drive growth.

## SEC filing metadata
- accession: 0001140361-23-037100
- form_type: 8-K
- ticker: SNWV
- cik: 0001417663
- company_name: SANUWAVE Health, Inc.
- filed_at: 2023-07-31T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1417663/000114036123037100/0001140361-23-037100-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1417663/000114036123037100/brhc20056730_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-037100
- JSON: https://secwatch.observer/filing/0001140361-23-037100.json
- Plain text: https://secwatch.observer/filing/0001140361-23-037100.txt

## Key facts
- Executive change
  Andrew Walko was appointed as President at SANUWAVE Health, Inc..
  - Action: appointed
  - Role: President
  source text: Effective July 31, 2023, the Board of Directors of SANUWAVE Health, Inc. (the “Company”) appointed Andrew Walko as the Company’s President.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1417663/000114036123037100/0001140361-23-037100-index.htm

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