---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-050827"
form_type: "8-K"
ticker: "CUEN"
cik: "0001424657"
company_name: "Cuentas Inc."
filed_at: "2022-08-24T23:59:59+00:00"
generated_at: "2026-06-23T21:40:59.711957+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Cuentas CEO Jeffery Johnson resigns; co-founders Maimon and De Prado named interim CEO and President

## Summary
- Jeffery D. Johnson resigned as CEO effective Aug 18, 2022; receives $100k separation payment plus COBRA through end of 2022.
- Arik Maimon (Chairman) appointed Interim CEO and Michael De Prado (Vice Chairman) appointed Interim President, both at no extra compensation.
- Board formed a CEO search committee to find a permanent qualified veteran CEO.
- Johnson's 160,000 stock options accelerated, exercisable for three years after resignation; separation described as cordial.

## SEC filing metadata
- accession: 0001213900-22-050827
- form_type: 8-K
- ticker: CUEN
- cik: 0001424657
- company_name: Cuentas Inc.
- filed_at: 2022-08-24T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1424657/000121390022050827/0001213900-22-050827-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1424657/000121390022050827/ea164905-8k_cuentas.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-050827
- JSON: https://secwatch.observer/filing/0001213900-22-050827.json
- Plain text: https://secwatch.observer/filing/0001213900-22-050827.txt

## Key facts
- Executive change
  Jeffery D. Johnson resigned as Chief Executive Officer at Cuentas Inc..
  - Action: resigned
  - Role: Chief Executive Officer
  source text: On August 18, 2022, Jeffery D. Johnson signed a Separation of Employment Agreement between himself and the Company, and resigned as the chief executive officer of the Company effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1424657/000121390022050827/0001213900-22-050827-index.htm
- Executive change
  Michael De Prado was appointed as Interim President at Cuentas Inc..
  - Action: appointed
  - Role: Interim President
  source text: and Michael De Prado as Interim President (in addition to his current position as Vice Chairman of the Board).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1424657/000121390022050827/0001213900-22-050827-index.htm
- Executive change
  Arik Maimon was appointed as Interim Chief Executive Officer at Cuentas Inc..
  - Action: appointed
  - Role: Interim Chief Executive Officer
  source text: On August 19, 2022, the Company's Board of Directors approved a motion to appoint Arik Maimon as Interim CEO (in addition to his current position as Chairman of the Board)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1424657/000121390022050827/0001213900-22-050827-index.htm

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