XTI Aerospace appoints Tobin Arthur as Chief Strategy Officer effective Sept 19, 2024

XTI Aerospace, Inc.

Tobin Arthur appointed CSO; oversees sales, marketing, and investor relations.
Annual base salary of $300,000; annual cash bonus up to 90% of base salary.
Stock option grant for 1,171,875 shares at $0.473/share, vesting over 3 years.
Employment agreement term ends Dec 31, 2025, with auto-renewal to Dec 31, 2026.
Arthur brings 30+ years of strategy experience, including Starbucks and healthcare startups.

item 5.02 item 7.01 item 9.01

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Appointed

Tobin Arthur

Chief Strategy Officer

XTIA · XTI Aerospace, Inc.

Effective: 2024-09-19
Filed: September 23, 2024, 7:59 PM ET

On September 23, 2024, XTI Aerospace, Inc. (the “Company”) announced that, effective as of September 19, 2024, the board of directors (the “Board”) of the Company appointed Tobin Arthur as the Company’s Chief Strategy Officer.

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Executive change SEC 8-K Item 5.02 confidence 1.0

Tobin Arthur was appointed as Chief Strategy Officer at XTI Aerospace, Inc..

Action: appointed
Role: Chief Strategy Officer

Exact text from the filing

On September 23, 2024, XTI Aerospace, Inc. (the “Company”) announced that, effective as of September 19, 2024, the board of directors (the “Board”) of the Company appointed Tobin Arthur as the Company’s Chief Strategy Officer.

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XTI Aerospace, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-24-081038

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