---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-000704"
form_type: "8-K"
ticker: "YHGJ"
cik: "0001042187"
company_name: "YUNHONG GREEN CTI LTD."
filed_at: "2022-01-11T23:59:59+00:00"
generated_at: "2026-06-27T18:49:41.196757+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Yunhong CTI appoints Frank Cesario as CEO, adds three new independent directors

## Summary
- 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.

## SEC filing metadata
- accession: 0001437749-22-000704
- form_type: 8-K
- ticker: YHGJ
- cik: 0001042187
- company_name: YUNHONG GREEN CTI LTD.
- filed_at: 2022-01-11T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1042187/000143774922000704/0001437749-22-000704-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1042187/000143774922000704/ctib20220107_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-000704
- JSON: https://secwatch.observer/filing/0001437749-22-000704.json
- Plain text: https://secwatch.observer/filing/0001437749-22-000704.txt

## Key facts
- Executive change
  Jennifer Connerty resigned as Chief Financial Officer at YUNHONG GREEN CTI LTD..
  - Action: resigned
  - Role: Chief Financial Officer
  source text: On January 4, 2022, the Board received notice of the resignation of Jennifer Connerty as Chief Financial Officer, effective January 7, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1042187/000143774922000704/0001437749-22-000704-index.htm
- Executive change
  Frank Cesario was appointed as Chief Executive Officer at YUNHONG GREEN CTI LTD..
  - Action: appointed
  - Role: Chief Executive Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1042187/000143774922000704/0001437749-22-000704-index.htm
- Executive change
  John Klimek resigned as Director at YUNHONG GREEN CTI LTD..
  - Action: resigned
  - Role: Director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1042187/000143774922000704/0001437749-22-000704-index.htm
- Executive change
  Douglas Bosley was appointed as Director at YUNHONG GREEN CTI LTD..
  - Action: appointed
  - Role: Director
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1042187/000143774922000704/0001437749-22-000704-index.htm
- Executive change
  Wan Zhang resigned as Director at YUNHONG GREEN CTI LTD..
  - Action: resigned
  - Role: Director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1042187/000143774922000704/0001437749-22-000704-index.htm
- Executive change
  Frank Cesario was appointed as Acting Chief Financial Officer at YUNHONG GREEN CTI LTD..
  - Action: appointed
  - Role: Acting Chief Financial Officer
  source text: On January 7, 2022, the Board appointed Mr. Cesario as Acting Chief Financial Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1042187/000143774922000704/0001437749-22-000704-index.htm
- Executive change
  Yaping Zhang resigned as Director at YUNHONG GREEN CTI LTD..
  - Action: resigned
  - Role: Director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1042187/000143774922000704/0001437749-22-000704-index.htm

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