---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-25-005675"
form_type: "8-K"
ticker: "NUWE"
cik: "0001506492"
company_name: "Nuwellis, Inc."
filed_at: "2025-02-24T23:59:59+00:00"
generated_at: "2026-05-26T05:46:41.894532+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Nuwellis CEO Nestor Jaramillo Jr. retires; Chairman John Erb named interim CEO

## Summary
- Nestor Jaramillo Jr. retired as President, CEO, and director effective Feb 18, 2025; retirement was not due to any dispute.
- Jaramillo will receive 6 months base salary, a $47,723 bonus payment, COBRA premiums through Aug 2025, and accelerated stock options.
- Board appointed Chairman John L. Erb as Interim President and CEO; he will receive an annual salary of $300,000 and remain Chairman.
- Board reduced size from seven to six members; company will retain an executive search firm for a permanent CEO.

## SEC filing metadata
- accession: 0001140361-25-005675
- form_type: 8-K
- ticker: NUWE
- cik: 0001506492
- company_name: Nuwellis, Inc.
- filed_at: 2025-02-24T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1506492/000114036125005675/0001140361-25-005675-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1506492/000114036125005675/ef20044163_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-005675
- JSON: https://secwatch.observer/filing/0001140361-25-005675.json
- Plain text: https://secwatch.observer/filing/0001140361-25-005675.txt

## Key facts
- Executive change
  Nestor Jaramillo Jr. departed as President and Chief Executive Officer at Nuwellis, Inc..
  - Action: retiring
  - Role: President and Chief Executive Officer
  source text: Nestor Jaramillo, Jr. is retiring from the Company, effective February 18, 2025
  evidence_url: https://www.sec.gov/Archives/edgar/data/1506492/000114036125005675/0001140361-25-005675-index.htm
- Executive change
  John L. Erb was appointed as Interim Chief Executive Officer and President at Nuwellis, Inc..
  - Action: appointed
  - Role: Interim Chief Executive Officer and President
  source text: the Board appointed John L. Erb as the Company’s Interim Chief Executive Officer and President.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1506492/000114036125005675/0001140361-25-005675-index.htm

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