---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-162521"
form_type: "8-K"
ticker: "OSS"
cik: "0001394056"
company_name: "ONE STOP SYSTEMS, INC."
filed_at: "2023-06-07T23:59:59+00:00"
generated_at: "2026-06-14T05:42:41.594600+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# One Stop Systems appoints Michael Knowles as CEO effective June 5; new employment deals for CFO and CPO

## Summary
- David Raun stepped down as CEO and President on June 5, 2023; succeeded by Michael Knowles.
- New CFO John Morrison employment: base salary $310,648, target bonus 40% of base.
- New CPO Jim Ison employment: base salary $294,480, target bonus 30% of base.
- Agreements have one-year initial term with auto-renewal; severance of six months' base salary plus COBRA for non-cause termination.
- CEO transition consistent with prior 8-K filings; Raun's employment agreement automatically terminated.

## SEC filing metadata
- accession: 0001193125-23-162521
- form_type: 8-K
- ticker: OSS
- cik: 0001394056
- company_name: ONE STOP SYSTEMS, INC.
- filed_at: 2023-06-07T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1394056/000119312523162521/0001193125-23-162521-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1394056/000119312523162521/d518746d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-162521
- JSON: https://secwatch.observer/filing/0001193125-23-162521.json
- Plain text: https://secwatch.observer/filing/0001193125-23-162521.txt

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