Emerson Radio CFO Binney resigns as CFO, becomes COO; appoints Richard Li CFO

EMERSON RADIO CORP

Michael Binney resigned as CFO effective Jan 16, 2022, no disagreement with the company.
Binney, age 62, appointed COO effective same date; no new compensation arrangements yet.
Richard Li, age 55, appointed CFO effective Jan 16, 2022; previously CFO of Sansui Electric (China) Co.
Li brings experience from Deloitte, Lafe Corp, and manufacturing; compensation to be discussed later.
No family relationships or reportable transactions with Li; Binney remains on board as director.

item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Michael Binney

Chief Financial Officer

MSN · EMERSON RADIO CORP

Effective: 2022-01-16
Successor: Richard Li
Filed: January 13, 2022, 6:59 PM ET

accepted the resignation of Michael Binney as the Company’s Chief Financial Officer, effective January 16, 2022.

Appointed

Richard Li

Chief Financial Officer

MSN · EMERSON RADIO CORP

Effective: 2022-01-16
Filed: January 13, 2022, 6:59 PM ET

the Board appointed Mr. Richard Li, to serve as the Company’s Chief Financial Officer, effective upon Mr. Binney’s resignation.

Appointed

Michael Binney

Chief Operating Officer

MSN · EMERSON RADIO CORP

Effective: 2022-01-16
Filed: January 13, 2022, 6:59 PM ET

Effective upon Mr. Binney’s resignation as Chief Financial Officer of the Company, Mr. Binney, age 62, was appointed as Chief Operating 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

Michael Binney resigned as Chief Financial Officer at EMERSON RADIO CORP.

Action: resigned
Role: Chief Financial Officer

Exact text from the filing

accepted the resignation of Michael Binney as the Company’s Chief Financial Officer, effective January 16, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Richard Li was appointed as Chief Financial Officer at EMERSON RADIO CORP.

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

the Board appointed Mr. Richard Li, to serve as the Company’s Chief Financial Officer, effective upon Mr. Binney’s resignation.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Michael Binney was appointed as Chief Operating Officer at EMERSON RADIO CORP.

Action: appointed
Role: Chief Operating Officer

Exact text from the filing

Effective upon Mr. Binney’s resignation as Chief Financial Officer of the Company, Mr. Binney, age 62, was appointed as Chief Operating Officer of the Company.

View on SEC.gov

EMERSON RADIO CORP filing history →

Source: SEC EDGAR

accession 0001193125-22-008712

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