secwatch.observer — SEC 8-K summary
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Issuer:     Nuwellis, Inc. (NUWE)
CIK:        0001506492
Form:       8-K
Filed at:   2026-06-17T21:59:23+00:00
Accession:  0001140361-26-025614
Event type: leadership
Sentiment:  positive
Materiality: 0.75
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nuwellis appoints Michael McCormick as CEO effective June 30, 2026; Erb remains Chairman
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- John Erb resigns as President and CEO effective June 30, 2026; will continue as Chairman of the Board.
- Michael McCormick appointed CEO, President, and Board member effective June 30, 2026.
- McCormick's base salary set at $431,100 with annual incentive target of 65% of base; one-time equity grant to be determined.
- McCormick previously served as consultant (Chief Commercial Officer) since Sep 2025 and as director from June 2023 to Jan 2026.
- Board size increased from 5 to 6 members effective June 30, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1506492/000114036126025614/0001140361-26-025614-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1506492/000114036126025614/ef20076374_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-26-025614

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