FlexShopper terminates CEO/CFO H. Russell Heiser Jr., appoints CRO Matthew Doheny

FlexShopper, Inc.

CEO/CFO H. Russell Heiser Jr. terminated effective August 6, 2025; John Davis (President/COO) assumes principal executive duties.
Engaged North Country Capital for interim management and restructuring advisory; Matthew Doheny appointed Chief Restructuring Officer.
Doheny has experience as CRO of Yellow Corporation and other financial restructurings.

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