Director Raymond D. Roberts, Sr. resigns; Fernando Victor Lara Celis appointed to IOR board

INCOME OPPORTUNITY REALTY INVESTORS INC /TX/

Raymond D. Roberts, Sr., age 91, resigned as director and from all board committees on October 10, 2023.
Resignation due to health issues; no disagreements with the company's operations or policies.
Fernando Victor Lara Celis, age 57, appointed director effective October 11, 2023 to fill the vacancy.
Celis is General Manager and President of a Schlotzsky's Deli franchisee with seven locations in North Dallas, Texas.
Board continues to have majority independent directors; audit, compensation, and governance committees remain intact.

item 5.02

Executive movements

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Departed

Raymond D. Roberts, Sr.

Director

IOR · INCOME OPPORTUNITY REALTY INVESTORS INC /TX/

Effective: 2023-10-10
Successor: Fernando Victor Lara Celis
Filed: October 13, 2023, 7:59 PM ET

On October 10, 2023, Raymond D. Roberts, Sr. resigned as a director and from all Board Committees of Income Opportunity Realty Investors, Inc.

Appointed

Fernando Victor Lara Celis

Director

IOR · INCOME OPPORTUNITY REALTY INVESTORS INC /TX/

Effective: 2023-10-11
Filed: October 13, 2023, 7:59 PM ET

On October 10, 2023, the Board of Directors of IOR selected Fernando Victor Lara Celis, age 57, as a director effective October 11, 2023, to fill a vacancy on the Board of Directors created by the resignation of Raymond D. Roberts, Sr.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Raymond D. Roberts, Sr. resigned as Director at INCOME OPPORTUNITY REALTY INVESTORS INC /TX/.

Action: resigned
Role: Director

Exact text from the filing

On October 10, 2023, Raymond D. Roberts, Sr. resigned as a director and from all Board Committees of Income Opportunity Realty Investors, Inc.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Fernando Victor Lara Celis was appointed as Director at INCOME OPPORTUNITY REALTY INVESTORS INC /TX/.

Action: appointed
Role: Director

Exact text from the filing

On October 10, 2023, the Board of Directors of IOR selected Fernando Victor Lara Celis, age 57, as a director effective October 11, 2023, to fill a vacancy on the Board of Directors created by the resignation of Raymond D. Roberts, Sr.

View on SEC.gov

INCOME OPPORTUNITY REALTY INVESTORS INC /TX/ filing history →

Source: SEC EDGAR

accession 0001214659-23-013409

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