8-K
filed June 26, 2024, 7:59 PM ET
ticker ELAB
CIK 0001840563
leadership
confidence high
sentiment neutral
materiality 0.60
CEO resigns effective June 21; CFO Bensler named non-employee CEO; CMO and CCO terminated in restructuring
PMGC Holdings Inc.
- Dr. Jordan Plews resigned as CEO effective June 21, 2024; remains CEO of subsidiaries Elevai Skincare and Elevai Biosciences.
- Graydon Bensler (current CFO) appointed non-employee CEO; compensation unchanged at $200,000/year via consulting agreement.
- CMO Brenda Buechler and CCO Christoph Kraneiss terminated without cause as part of workforce reduction to streamline operations.
- Braeden Lichti appointed non-executive chairman effective June 21; receives $199,200/year; prior advisory agreement terminated.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Dr. Jordan Plews resigned as chief executive officer at PMGC Holdings Inc..
- Action
- resigned
- Role
- chief executive officer
Exact text from the filing
Dr. Jordan Plews, notified the board of directors of the Company (the “Board”) of his intention to resign as chief executive officer of the Company , effective on the close of business on June 21, 2024.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.9
Brenda Buechler departed as chief marketing officer at PMGC Holdings Inc..
- Action
- terminated without cause
- Role
- chief marketing officer
Exact text from the filing
On June 20, 2024, we notified Brenda Buechler, our chief marketing officer, and Christoph Kraneiss, our chief commercial officer that each of them was involuntarily terminated without ‘cause’ or laid off from employment as part of a wider job elimination/restructuring or reduction in force of the Company in order to streamline the Company’s operations and organizational structure.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.9
Christoph Kraneiss departed as chief commercial officer at PMGC Holdings Inc..
- Action
- terminated without cause
- Role
- chief commercial officer
Exact text from the filing
On June 20, 2024, we notified Brenda Buechler, our chief marketing officer, and Christoph Kraneiss, our chief commercial officer that each of them was involuntarily terminated without ‘cause’ or laid off from employment as part of a wider job elimination/restructuring or reduction in force of the Company in order to streamline the Company’s operations and organizational structure.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Braeden Lichti was appointed as non-executive chairman and director at PMGC Holdings Inc..
- Action
- appointed
- Role
- non-executive chairman and director
Exact text from the filing
the Board appointed Mr. Braeden Lichti, as non-executive chairman and director of the Board
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Graydon Bensler was appointed as non-employee Chief Executive Officer at PMGC Holdings Inc..
- Action
- appointed
- Role
- non-employee Chief Executive Officer
Exact text from the filing
the Board appointed our current chief financial officer and director, Mr. Graydon Bensler, as non-employee Chief Executive Officer of the Company.
View on SEC.gov
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