secwatch.observer — SEC 8-K summary
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Issuer:     INCOME OPPORTUNITY REALTY INVESTORS INC /TX/ (IOR)
CIK:        0000949961
Form:       8-K
Filed at:   2023-10-13T23:59:59+00:00
Accession:  0001214659-23-013409
Event type: leadership
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/949961/000121465923013409/0001214659-23-013409-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/949961/000121465923013409/o10132318k.htm
  HTML page:      https://secwatch.observer/filing/0001214659-23-013409

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