8-K
filed April 17, 2024, 7:59 PM ET
CIK 0001846750
leadership
confidence high
sentiment neutral
materiality 0.55
Zalatoris Acquisition Corp announces CEO change and board appointments through April 2024
Zalatoris Acquisition Corp.
- Paul Davis resigned as CEO and director; Stephanos Papadopoulos appointed CEO and director on March 15, 2024.
- Llewellyn Farquharson appointed independent director on March 15, then terminated in mid-March 2024.
- Andrew Kwon appointed independent director and audit committee member on April 12, 2024.
- Current board includes CEO Papadopoulos, CFO Dimitriou, and independent directors Ennis, Rouf, Kwon.
- Audit, Compensation, and Nominating & Governance committees now all consist of Ennis, Rouf, and Kwon.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Andrew Kwon was appointed as Independent Director at Zalatoris Acquisition Corp..
- Action
- appointed
- Role
- Independent Director
Exact text from the filing
On April 12, 2024, the board of directors (the “ Board ”) of the Company held a special meeting (the “ Meeting ”) during which the Board ratified Mr. Farquharson’s Termination and, after making independence determinations and confirming compliance with the NYSE independence requirements, appointed Andrew Kwon as an independent director of the Company and member of the Audit Committee of the Company.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Llewellyn Farquharson was appointed as Independent Director at Zalatoris Acquisition Corp..
- Action
- appointed
- Role
- Independent Director
Exact text from the filing
Also on March 15, 2024, to fill the vacancy in the Former Board created by the New CEO Appointment and to comply with independence requirements under the New York Stock Exchange (the “ NYSE ”), the Former Board appointed Llewellyn Farquharson as an independent director of the Company.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Llewellyn Farquharson was terminated as Independent Director at Zalatoris Acquisition Corp..
- Action
- terminated
- Role
- Independent Director
Exact text from the filing
In mid-March of 2024, Llewellyn Farquharson was terminated from his position as an independent director of the Company (“ Mr. Farquharson’s Termination ”).
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Paul Davis resigned as Chief Executive Officer at Zalatoris Acquisition Corp..
- Action
- resigned
- Role
- Chief Executive Officer
Exact text from the filing
In early March of 2024, Paul Davis presented to the then current members of the board of directors (the “ Former Board ”) of Zalatoris Acquisition Corp., a Delaware corporation (the “ Company ”) a resignation letter resigning from his position as Chief Executive Officer and as a member of the Former Board
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Stephanos Papadopoulos was appointed as Chief Executive Officer at Zalatoris Acquisition Corp..
- Action
- appointed
- Role
- Chief Executive Officer
Exact text from the filing
On March 15, 2024, the Former Board appointed Stephanos Papadopoulos, a then independent director of the Company, as Chief Executive Officer and director of the Company, in order to fill the vacancy created by the CEO Resignation (the “ New CEO Appointment ”).
View on SEC.gov
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