Nuwellis promotes Robert B. Scott to CFO effective September 2, 2023

Nuwellis, Inc.

Mr. Scott, previously Senior Finance Director, will serve as CFO; base salary set at $280,000.
Eligible for annual performance bonus up to 40% of base salary, pro-rated for 2023.
Awarded stock option to purchase 1% of outstanding common shares, vesting 25% at 1 year then monthly over 36 months.
Company expects to enter into a change-in-control agreement accelerating equity vesting upon a change in control.

item 5.02 item 9.01

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Appointed

Robert B. Scott

Chief Financial Officer

NUWE · Nuwellis, Inc.

Effective: 2023-09-02
Filed: August 18, 2023, 7:59 PM ET

Robert B. Scott will be appointed as Chief Financial Officer of Nuwellis, Inc.

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Executive change SEC 8-K Item 5.02 confidence 0.95

Robert B. Scott was appointed as Chief Financial Officer at Nuwellis, Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

Robert B. Scott will be appointed as Chief Financial Officer of Nuwellis, Inc.

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Source: SEC EDGAR

accession 0001140361-23-040526

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