leadership
confidence high
sentiment neutral
materiality 0.60
CEO Blair Jordan resigns; McAndrew Rudisill appointed CEO; $1.35M separation cash payment
FORUM MARKETS Inc
- Blair Jordan resigned as CEO, director and Secretary effective Sept 4, 2025; replaced by Executive Chairman McAndrew Rudisill.
- Separation agreement provides $1.35M cash payment to Jordan, transfer of Volaro domain; option vesting subject to shareholder approval.
- Prior consulting agreement and voting agreement with James Woody terminated; no material early termination penalties.
- Company entered $60,000 SOW with EVL Consulting (controlled by CAO Eric Van Lent) for cloud accounting software implementation.
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