---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-091262"
form_type: "8-K"
ticker: "OLOX"
cik: "0001023994"
company_name: "OLENOX INDUSTRIES INC."
filed_at: "2024-10-28T23:59:59+00:00"
generated_at: "2026-05-30T09:34:07.822575+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# CEO Paul Galvin to step down effective Dec 31, 2024; remains Chairman

## Summary
- Board decided not to renew CEO Paul Galvin's Employment Agreement dated Jan 1, 2017; notice delivered Oct 24, 2024.
- Galvin's CEO tenure ends Dec 31, 2024; he will continue as Chairman of the Board.
- Board has initiated a comprehensive search for a successor.

## SEC filing metadata
- accession: 0001213900-24-091262
- form_type: 8-K
- ticker: OLOX
- cik: 0001023994
- company_name: OLENOX INDUSTRIES INC.
- filed_at: 2024-10-28T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1023994/000121390024091262/0001213900-24-091262-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1023994/000121390024091262/ea0218871-8k_safe.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-091262
- JSON: https://secwatch.observer/filing/0001213900-24-091262.json
- Plain text: https://secwatch.observer/filing/0001213900-24-091262.txt

## Key facts
- Executive change
  Paul Galvin departed as Chief Executive Officer at OLENOX INDUSTRIES INC..
  - Action: not renewed
  - Role: Chief Executive Officer
  source text: Mr. Galvin’s employment with the Company as its Chief Executive Officer will terminate effective as of the close of business on December 31, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1023994/000121390024091262/0001213900-24-091262-index.htm

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