Superior Group appoints Michael Koempel as CFO; Andrew Demott remains COO, plans 2023 retirement

SUPERIOR GROUP OF COMPANIES, INC.

Andrew Demott resigned as CFO effective May 31, 2022, but stays as COO and director; intends to retire as employee in 2023.
Michael Koempel appointed CFO, previously COO of IT'SUGAR and Victoria's Secret Lingerie, and CFO of Mast Global.
Koempel's annual salary $410k, sign-on bonus $100k (three-year clawback), 6,666 RSUs vesting in three years, guaranteed 2022 bonus min $100k.
Koempel holds a BBA from University of Dayton and is a CPA (inactive); no familial relationships with officers or prior transactions.

item 5.02 item 9.01

Executive movements

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Appointed

Michael Koempel

Chief Financial Officer

SGC · SUPERIOR GROUP OF COMPANIES, INC.

Effective: 2022-05-31
Filed: June 1, 2022, 7:59 PM ET

The Board appointed Michael Koempel as the Company’s new Chief Financial Officer effective on the Effective Date

Role change

Andrew D. Demott, Jr.

Chief Financial Officer

SGC · SUPERIOR GROUP OF COMPANIES, INC.

Effective: 2022-05-31
Successor: Michael Koempel
Filed: June 1, 2022, 7:59 PM ET

On May 31, 2022, Andrew D. Demott, Jr. resigned from his position as Chief Financial Officer of Superior Group of Companies, Inc. (the “Company”) effective May 31, 2022

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Michael Koempel was appointed as Chief Financial Officer at SUPERIOR GROUP OF COMPANIES, INC..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

The Board appointed Michael Koempel as the Company’s new Chief Financial Officer effective on the Effective Date

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Andrew D. Demott, Jr. resigned as Chief Financial Officer at SUPERIOR GROUP OF COMPANIES, INC..

Action: resigned
Role: Chief Financial Officer

Exact text from the filing

On May 31, 2022, Andrew D. Demott, Jr. resigned from his position as Chief Financial Officer of Superior Group of Companies, Inc. (the “Company”) effective May 31, 2022

View on SEC.gov

SUPERIOR GROUP OF COMPANIES, INC. filing history →

Source: SEC EDGAR

accession 0001437749-22-014003

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