---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-001309"
form_type: "8-K"
ticker: "OLOX"
cik: "0001023994"
company_name: "OLENOX INDUSTRIES INC."
filed_at: "2025-01-07T23:59:59+00:00"
generated_at: "2026-05-28T07:37:42.170857+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Safe & Green Holdings appoints Michael McLaren as CEO and director, effective January 3, 2025

## Summary
- Michael McLaren appointed CEO and director of Safe & Green Holdings effective Jan 3, 2025; employment term 2 years starting Jan 6, 2025.
- Base salary $250k, rising to $400k upon capital event that cures Nasdaq stockholders' equity deficiency.
- Signing bonus of $50k payable within 30 days; eligible for long-term incentive bonus of 2-4 times base salary (board approval).
- McLaren brings 30+ years energy industry experience; also appointed as director until 2025 annual meeting.
- No family relationships with directors/officers; subject to one-year non-compete and non-solicit.

## SEC filing metadata
- accession: 0001213900-25-001309
- form_type: 8-K
- ticker: OLOX
- cik: 0001023994
- company_name: OLENOX INDUSTRIES INC.
- filed_at: 2025-01-07T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1023994/000121390025001309/0001213900-25-001309-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1023994/000121390025001309/ea0226969-8k_safe.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-001309
- JSON: https://secwatch.observer/filing/0001213900-25-001309.json
- Plain text: https://secwatch.observer/filing/0001213900-25-001309.txt

## Key facts
- Executive change
  Michael McLaren was appointed as director at OLENOX INDUSTRIES INC..
  - Action: appointed
  - Role: director
  source text: On January 3, 2025, the Board of Directors (the “Board”) appointed Michael McLaren as a director of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1023994/000121390025001309/0001213900-25-001309-index.htm
- Executive change
  Michael McLaren was appointed as Chief Executive Officer at OLENOX INDUSTRIES INC..
  - Action: appointed
  - Role: Chief Executive Officer
  source text: On January 3, 2025, the Board of Directors (the “Board”) of Safe & Green Holdings Corp (the “Company”) approved the appointment of Michael McLaren as the Company’s Chief Executive Officer
  evidence_url: https://www.sec.gov/Archives/edgar/data/1023994/000121390025001309/0001213900-25-001309-index.htm

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