CEO Ken Globus retires; Beatriz Blanco appointed President and CEO effective Nov 1, 2022

UNITED GUARDIAN INC

Ken Globus retires as President & CEO effective Oct 31, 2022; remains Board Chairman.
Beatriz Blanco appointed President, CEO and elected to Board, effective Nov 1, 2022.
Blanco's initial annual base salary set at $280,000; eligible for Discretionary Bonus/Profit Sharing Plan.
Globus receives $90,000 lump-sum payment and $10,000/month consulting retainer through February 2023.
Blanco brings 20+ years in personal care; was Global Business Director at Momentive Performance Materials.

item 1.01 item 5.02 item 9.01

Executive movements

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Departed

Ken Globus

President and Chief Executive Officer

UG · UNITED GUARDIAN INC

Effective: 2022-10-31
Successor: Beatriz Blanco
Filed: October 25, 2022, 7:59 PM ET

On October 25, 2022, the Company announced that Ken Globus would be retiring from his positions as President and Chief Executive Officer of United-Guardian, Inc. (the “Company”), effective October 31, 2022.

Appointed

Beatriz Blanco

Director

UG · UNITED GUARDIAN INC

Effective: 2022-11-01
Filed: October 25, 2022, 7:59 PM ET

elected her to fill an existing vacancy on the Board of Directors

Appointed

Beatriz Blanco

President and Chief Executive Officer

UG · UNITED GUARDIAN INC

Effective: 2022-11-01
Filed: October 25, 2022, 7:59 PM ET

the Board of Directors appointed Beatriz Blanco as the President and Chief Executive Officer of the Company

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Ken Globus departed as President and Chief Executive Officer at UNITED GUARDIAN INC.

Action: retiring
Role: President and Chief Executive Officer

Exact text from the filing

On October 25, 2022, the Company announced that Ken Globus would be retiring from his positions as President and Chief Executive Officer of United-Guardian, Inc. (the “Company”), effective October 31, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Beatriz Blanco was elected as Director at UNITED GUARDIAN INC.

Action: elected
Role: Director

Exact text from the filing

elected her to fill an existing vacancy on the Board of Directors

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Beatriz Blanco was appointed as President and Chief Executive Officer at UNITED GUARDIAN INC.

Action: appointed
Role: President and Chief Executive Officer

Exact text from the filing

the Board of Directors appointed Beatriz Blanco as the President and Chief Executive Officer of the Company

View on SEC.gov

UNITED GUARDIAN INC filing history →

Source: SEC EDGAR

accession 0001171843-22-006727

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