---
schema_version: "secwatch.filing_event.v1"
accession: "0001279569-22-002070"
form_type: "8-K"
ticker: "CWBHF"
cik: "0001750155"
company_name: "Charlotte's Web Holdings, Inc."
filed_at: "2022-12-22T23:59:59+00:00"
generated_at: "2026-06-21T00:09:07.704822+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Charlotte's Web names Jessica Saxton CFO effective Jan 1, 2023; Greg Gould departs Dec 31

## Summary
- Jessica Saxton appointed CFO effective Jan 1, 2023, succeeding Greg Gould, who departs Dec 31, 2022 without disagreement.
- Base salary $300,000/yr; target STI bonus 75% of earnings; LTI guaranteed $400,000 stock awards for 2023-2024.
- Signing bonus of $400,000 equity (25% RSU, 75% NQSOs) vesting over 2 years; relocation assistance up to $40,000.
- Saxton brings CPG finance experience from Anheuser-Busch InBev, General Motors, and Owens Corning.
- Outgoing CFO Gould served during transition to SEC reporting and completion of $57M financing in 2022.

## SEC filing metadata
- accession: 0001279569-22-002070
- form_type: 8-K
- ticker: CWBHF
- cik: 0001750155
- company_name: Charlotte's Web Holdings, Inc.
- filed_at: 2022-12-22T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1750155/000127956922002070/0001279569-22-002070-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1750155/000127956922002070/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001279569-22-002070
- JSON: https://secwatch.observer/filing/0001279569-22-002070.json
- Plain text: https://secwatch.observer/filing/0001279569-22-002070.txt

## Key facts
- Executive change
  Greg Gould departed as Executive Vice President - Chief Financial Officer, Chief Administration Officer, and principal accounting officer at Charlotte's Web Holdings, Inc..
  - Action: departing
  - Role: Executive Vice President - Chief Financial Officer, Chief Administration Officer, and principal accounting officer
  source text: Greg Gould, who will depart the Company effective December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1750155/000127956922002070/0001279569-22-002070-index.htm
- Executive change
  Jessica Saxton was appointed as Chief Financial Officer and principal accounting officer at Charlotte's Web Holdings, Inc..
  - Action: appointed
  - Role: Chief Financial Officer and principal accounting officer
  source text: On December 19, 2022, Charlotte’s Web Holdings, Inc. (the “Company”) announced the appointment of Jessica Saxton, age 35, as the Company’s Chief Financial Officer and principal accounting officer effective January 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1750155/000127956922002070/0001279569-22-002070-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.