8-K filed July 14, 2023, 7:59 PM ET ticker VRME CIK 0001104038

leadership confidence high sentiment neutral materiality 0.55

VerifyMe announces strategic reorganization; appoints new CFO, creates two segments

VerifyMe, Inc.

Keith Goldstein resigns as President/COO; Margaret Gezerlis steps down as CFO, both effective July 31, 2023.
Adam Stedham (CEO) adds President role; Nancy Meyers named CFO, Treasurer, Corporate Secretary effective Aug 1, 2023.
Company reorganizes into Authentication (EVP Paul Ryan) and Precision Logistics (EVP Curt Kole) segments.
Gezerlis to provide strategic consulting post-departure; separations not due to any disagreements.
No financial guidance or material changes to operations disclosed; leadership reshuffle effective immediately.

item 5.02 item 8.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Adam Stedham

President

VRME · VerifyMe, Inc.

Effective: 2023-08-01
Filed: July 14, 2023, 7:59 PM ET

On July 13, 2023, Adam Stedham was appointed President of the Company in addition to his position as Chief Executive Officer, effective August 1, 2023.

Departed

Margaret Gezerlis

Executive Vice President and Chief Financial Officer

VRME · VerifyMe, Inc.

Effective: 2023-07-31
Successor: Nancy Meyers
Filed: July 14, 2023, 7:59 PM ET

Also on July 10, 2023, the Company and Margaret Gezerlis agreed that Ms. Gezerlis would step down as Executive Vice President and Chief Financial Officer and continue in a strategic consulting role with the Company, effective July 31, 2023.

Appointed

Nancy Meyers

Executive Vice President and Chief Financial Officer, Treasurer and Corporate Secretary

VRME · VerifyMe, Inc.

Effective: 2023-08-01
Filed: July 14, 2023, 7:59 PM ET

Also on July 13, 2023, Nancy Meyers, age 53, was appointed Executive Vice President and Chief Financial Officer, Treasurer and Corporate Secretary of the Company, effective August 1, 2023.

Departed

Keith Goldstein

President and Chief Operating Officer

VRME · VerifyMe, Inc.

Effective: 2023-07-31
Successor: Adam Stedham
Filed: July 14, 2023, 7:59 PM ET

On July 10, 2023, VerifyMe, Inc. (“we,” “our,” “us,” or the “Company”) and Keith Goldstein agreed that Mr. Goldstein would resign as President and Chief Operating Officer effective, July 31, 2023.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Adam Stedham was appointed as President at VerifyMe, Inc..

Action: appointed
Role: President

Exact text from the filing

On July 13, 2023, Adam Stedham was appointed President of the Company in addition to his position as Chief Executive Officer, effective August 1, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Margaret Gezerlis departed as Executive Vice President and Chief Financial Officer at VerifyMe, Inc..

Action: stepped down
Role: Executive Vice President and Chief Financial Officer

Exact text from the filing

Also on July 10, 2023, the Company and Margaret Gezerlis agreed that Ms. Gezerlis would step down as Executive Vice President and Chief Financial Officer and continue in a strategic consulting role with the Company, effective July 31, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Nancy Meyers was appointed as Executive Vice President and Chief Financial Officer, Treasurer and Corporate Secretary at VerifyMe, Inc..

Action: appointed
Role: Executive Vice President and Chief Financial Officer, Treasurer and Corporate Secretary

Exact text from the filing

Also on July 13, 2023, Nancy Meyers, age 53, was appointed Executive Vice President and Chief Financial Officer, Treasurer and Corporate Secretary of the Company, effective August 1, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Keith Goldstein departed as President and Chief Operating Officer at VerifyMe, Inc..

Action: resign
Role: President and Chief Operating Officer

Exact text from the filing

On July 10, 2023, VerifyMe, Inc. (“we,” “our,” “us,” or the “Company”) and Keith Goldstein agreed that Mr. Goldstein would resign as President and Chief Operating Officer effective, July 31, 2023.

View on SEC.gov

VerifyMe, Inc. filing history →

Source: SEC EDGAR

accession 0001214659-23-009615

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