Stran & Company appoints Sheila Johnshoy as COO; base salary $250K, stock options

Stran & Company, Inc.

Sheila Johnshoy appointed COO effective March 11, 2022, with a base salary of $250,000.
Signing bonus: 5,000 restricted shares and option to purchase 5,000 shares at $1.60.
Eligible for up to 35,000 additional shares and options based on revenue targets.
Ms. Johnshoy previously served as VP at SwagUp and CRO at ePromos, where revenue grew from $18M to $70M.
Severance: four months' salary if terminated without cause in first two years.

item 1.01 item 5.02 item 8.01 item 9.01

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Appointed

Sheila Johnshoy

Chief Operating Officer

SWAG · Stran & Company, Inc.

Effective: 2022-03-11
Filed: March 16, 2022, 7:59 PM ET

Effective as of March 11, 2022, the Board of Directors (the “Board”) of Stran & Company, Inc. (the “Company”) appointed Sheila Johnshoy to serve as the Company’s Chief Operating Officer.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Sheila Johnshoy was appointed as Chief Operating Officer at Stran & Company, Inc..

Action: appointed
Role: Chief Operating Officer

Exact text from the filing

Effective as of March 11, 2022, the Board of Directors (the “Board”) of Stran & Company, Inc. (the “Company”) appointed Sheila Johnshoy to serve as the Company’s Chief Operating Officer.

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Stran & Company, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-22-012756

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