8-K
filed January 11, 2022, 6:59 PM ET
ticker YHGJ
CIK 0001042187
leadership
confidence high
sentiment neutral
materiality 0.65
Yunhong CTI appoints Frank Cesario as CEO, adds three new independent directors
YUNHONG GREEN CTI LTD.
- Frank Cesario named CEO effective Jan 1, 2022; base salary $250K, 250K share inducement grant.
- Jennifer Connerty resigned as CFO effective Jan 7; Cesario appointed Acting CFO.
- Three directors resigned (Klimek, Wan Zhang, Yaping Zhang); replaced by Bosley, Roberts, Wong.
- New directors bring financial, operational, and market experience; board expands to five members.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Jennifer Connerty resigned as Chief Financial Officer at YUNHONG GREEN CTI LTD..
- Action
- resigned
- Role
- Chief Financial Officer
Exact text from the filing
On January 4, 2022, the Board received notice of the resignation of Jennifer Connerty as Chief Financial Officer, effective January 7, 2022.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Frank Cesario was appointed as Chief Executive Officer at YUNHONG GREEN CTI LTD..
- Action
- appointed
- Role
- Chief Executive Officer
Exact text from the filing
On January 11, 2022, the Board of Directors (the “Board”) of Yunhong CTI Ltd. (the “Company”), announced the appointment of Frank Cesario, 52, as Chief Executive Officer, effective January 1, 2022.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
John Klimek resigned as Director at YUNHONG GREEN CTI LTD..
- Action
- resigned
- Role
- Director
Exact text from the filing
On January 4, 2022, the Board received notice that John Klimek, Wan Zhang and Yaping Zhang would resign from the Board, effective January 10, 2022.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.9
Douglas Bosley was appointed as Director at YUNHONG GREEN CTI LTD..
- Action
- appointed
- Role
- Director
Exact text from the filing
The Board has appointed three new directors to serve on the Board, effective January 10, 2022, to fill the vacancies created by the resignations of Messrs. Klimek, Zhang and Zhang, each to serve as a director until the next meeting of shareholders at which directors are to be elected: Douglas Bosley, 54, is a founding partner of Witan Law Group
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Wan Zhang resigned as Director at YUNHONG GREEN CTI LTD..
- Action
- resigned
- Role
- Director
Exact text from the filing
On January 4, 2022, the Board received notice that John Klimek, Wan Zhang and Yaping Zhang would resign from the Board, effective January 10, 2022.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Frank Cesario was appointed as Acting Chief Financial Officer at YUNHONG GREEN CTI LTD..
- Action
- appointed
- Role
- Acting Chief Financial Officer
Exact text from the filing
On January 7, 2022, the Board appointed Mr. Cesario as Acting Chief Financial Officer.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Yaping Zhang resigned as Director at YUNHONG GREEN CTI LTD..
- Action
- resigned
- Role
- Director
Exact text from the filing
On January 4, 2022, the Board received notice that John Klimek, Wan Zhang and Yaping Zhang would resign from the Board, effective January 10, 2022.
View on SEC.gov
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