secwatch.observer — SEC 8-K summary
======================================

Issuer:     DAILY JOURNAL CORP (DJCO)
CIK:        0000783412
Form:       8-K
Filed at:   2022-03-28T23:59:59+00:00
Accession:  0001437749-22-007289
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/783412/000143774922007289/0001437749-22-007289-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/783412/000143774922007289/djco20220325_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-007289

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer