secwatch.observer — SEC 8-K summary
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Issuer:     ULTRALIFE CORP (ULBI)
CIK:        0000875657
Form:       8-K
Filed at:   2022-11-22T23:59:59+00:00
Accession:  0001437749-22-027918
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ultralife names Michael E. Manna President & CEO; Popielec departs
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- Michael E. Manna appointed President & CEO and Board member effective November 22, 2022.
- Manna has 30-year tenure at Ultralife; annual base salary increased to $375,000.
- Michael D. Popielec resigns as CEO and director; no disagreement with Company.
- Popielec remains as advisor through Jan 20, 2023; receives 12 months salary, prorated 2023 bonus, accelerated options, and health benefits.
- CEO succession was planned; Manna retains leadership of Battery & Energy Products segment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/875657/000143774922027918/0001437749-22-027918-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/875657/000143774922027918/ulbi20221122_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-027918

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