SG Blocks appoints William Rogers as COO and Gerald Sheeran as Acting CFO
OLENOX INDUSTRIES INC.
William Rogers named COO; employment agreement provides $300K base salary, 25% bonus, and 237,500 restricted stock shares (37,500 immediate vest, 200,000 monthly over 2 years).
Gerald Sheeran named Acting CFO and Controller; agreement provides $225K base salary, 25% bonus, $500/month car allowance, and 100,000 restricted stock shares vesting quarterly over 2 years.
Both agreements have 2-year initial terms, one-year non-compete/non-solicit, and severance equal to one year's salary and benefits for termination without cause.
Rogers will work from NYC headquarters; Sheeran will work from Texas office.
On September 30, 2021, the Company entered into an executive employment agreement with Gerald Sheeran (the “Sheeran Employment Agreement”) to employ Mr. Sheeran as the Company’s Acting Chief Financial Officer
On September 27, 2021, SG Blocks, Inc. (the “Company”) entered into an executive employment agreement with William Rogers (the “Rogers Employment Agreement”) to employ Mr. Rogers as the Company’s Chief Operating Officer
Key facts
Extracted from this filing and checked against the source text.
Executive changeSEC 8-K Item 5.02confidence 0.95
Gerald Sheeran was appointed as Acting Chief Financial Officer at OLENOX INDUSTRIES INC..
Action
appointed
Role
Acting Chief Financial Officer
Exact text from the filing
On September 30, 2021, the Company entered into an executive employment agreement with Gerald Sheeran (the “Sheeran Employment Agreement”) to employ Mr. Sheeran as the Company’s Acting Chief Financial Officer
William Rogers was appointed as Chief Operating Officer at OLENOX INDUSTRIES INC..
Action
appointed
Role
Chief Operating Officer
Exact text from the filing
On September 27, 2021, SG Blocks, Inc. (the “Company”) entered into an executive employment agreement with William Rogers (the “Rogers Employment Agreement”) to employ Mr. Rogers as the Company’s Chief Operating Officer
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