---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-007289"
form_type: "8-K"
ticker: "DJCO"
cik: "0000783412"
company_name: "DAILY JOURNAL CORP"
filed_at: "2022-03-28T23:59:59+00:00"
generated_at: "2026-06-26T16:48:08.274508+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Daily Journal CEO Gerald Salzman retires; Steven Myhill-Jones named Chairman and Interim CEO

## Summary
- Gerald Salzman retired after 44+ years as CEO, President, CFO and Treasurer on March 22, 2022.
- Steven Myhill-Jones elected Chairman and Interim CEO; Charles Munger steps down as Chairman but remains a director.
- Tu To promoted to CFO; Danny Hemnani becomes CEO of Journal Technologies, Maryjoe Rodriguez its President.
- Charlie Munger gifts $1 million of his personal DJCO stock to the company for a new equity incentive plan.
- Board expanded from 4 to 5 members; Myhill-Jones elected to fill the vacancy.

## SEC filing metadata
- accession: 0001437749-22-007289
- form_type: 8-K
- ticker: DJCO
- cik: 0000783412
- company_name: DAILY JOURNAL CORP
- filed_at: 2022-03-28T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/783412/000143774922007289/0001437749-22-007289-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/783412/000143774922007289/djco20220325_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-007289
- JSON: https://secwatch.observer/filing/0001437749-22-007289.json
- Plain text: https://secwatch.observer/filing/0001437749-22-007289.txt

## Key facts
- Executive change
  Gerald L. Salzman retired as Chief Executive Officer at DAILY JOURNAL CORP.
  - Action: retired
  - Role: Chief Executive Officer
  source text: Gerald L. Salzman retired as the Company’s Chief Executive Officer, President, Chief Financial Officer and Treasurer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/783412/000143774922007289/0001437749-22-007289-index.htm
- Executive change
  Steven Myhill-Jones was elected as Director at DAILY JOURNAL CORP.
  - Action: elected
  - Role: Director
  source text: the Board increased the size of the Board from four to five, and elected Mr. Myhill-Jones to fill the vacancy.
  evidence_url: https://www.sec.gov/Archives/edgar/data/783412/000143774922007289/0001437749-22-007289-index.htm
- Executive change
  Charles T. Munger changed role as Director at DAILY JOURNAL CORP.
  - Action: relinquished
  - Role: Director
  source text: following Charles T. Munger’s decision to relinquish that title.
  evidence_url: https://www.sec.gov/Archives/edgar/data/783412/000143774922007289/0001437749-22-007289-index.htm
- Executive change
  Tu To was elected as Chief Financial Officer at DAILY JOURNAL CORP.
  - Action: elected
  - Role: Chief Financial Officer
  source text: the Board elected Tu To as the Company’s Chief Financial Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/783412/000143774922007289/0001437749-22-007289-index.htm
- Executive change
  Steven Myhill-Jones was elected as Chairman and Interim Chief Executive Officer at DAILY JOURNAL CORP.
  - Action: elected
  - Role: Chairman and Interim Chief Executive Officer
  source text: the Board of Directors of the Company (the “Board”) elected Steven Myhill-Jones as the Company’s Chairman and Interim Chief Executive Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/783412/000143774922007289/0001437749-22-007289-index.htm

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