Olenox appoints Erik Blum as President; CFO Patricia Kaelin dismissed
OLENOX INDUSTRIES INC.
Erik Blum appointed President effective June 1, 2026; annual base salary $200,000, RSU grant of $50,000 vesting over 18 months, bonus up to 20%.
CFO Patricia Kaelin was dismissed on June 5, 2026, and resigned the same day; search for replacement CFO commenced.
Blum continues as Board member but resigned from Audit Committee and as Audit Committee Chair.
Blum is also CEO of Fynntechnical Innovations (FYNN) and has over 30 years of Wall Street and microcap leadership experience.
Employment agreement includes one-year non-compete and confidentiality covenants; severance for termination without cause equals up to one year's salary and benefits.
On June 5, 2026, Olenox Industries, Inc. (the “Company”) informed Patricia Kaelin, Chief Financial Officer of the Company, of her dismissal from the Company, and the Company received a resignation letter back from her the same day.
On May 28, 2026, Olenox Industries Inc. (the “Company”) appointed Erik Blum as the Company’s President effective June 1, 2026
Key facts
Extracted from this filing and checked against the source text.
Executive changeSEC 8-K Item 5.02confidence 0.95
Patricia Kaelin departed as Chief Financial Officer at OLENOX INDUSTRIES INC..
Action
dismissed
Role
Chief Financial Officer
Exact text from the filing
On June 5, 2026, Olenox Industries, Inc. (the “Company”) informed Patricia Kaelin, Chief Financial Officer of the Company, of her dismissal from the Company, and the Company received a resignation letter back from her the same day.
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