leadership
confidence high
sentiment negative
materiality 0.80
Founder Thomas Wood dies; board names Anita Michaels Chairman, Jeffrey Marshall CEO
RemSleep Holdings Inc.
- Founder, Chairman, and CEO Thomas Wood died on Feb. 26, 2026; he was the creator of DeltaWave® Nasal Pillow System.
- Anita Michaels (sister, majority shareholder) elected Chairman; Jeffrey Marshall appointed CEO and director; Alexander Johnson also director.
- New CEO Marshall receives $60k/yr base salary, increasing to $120k/yr upon $250k funding raise, plus incentive options.
- Marshall eligible for up to 7% of fully diluted capitalization in stock options, with milestones including revenue targets.
- Chairman Anita Michaels retains financial authority during interim; Marshall has operational authority without financial spending.