---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-020386"
form_type: "8-K"
ticker: "CPSH"
cik: "0000814676"
company_name: "CPS TECHNOLOGIES CORP/DE/"
filed_at: "2023-07-21T23:59:59+00:00"
generated_at: "2026-06-13T05:15:17.763367+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CPS Technologies appoints Brian Mackey as President and CEO effective August 14, 2023

## Summary
- Brian Mackey appointed President and CEO effective August 14, 2023; replaces Michael McCormack who resigned in April.
- Base salary of $300,000; annual bonus up to 60% of base, based on revenue (40%), operating profit (40%), personal objectives (20%).
- Grant of option to purchase 200,000 shares at closing price on grant date, vesting over 5 years, 10-year term.
- Mackey previously CEO of Engi-Mat Co., which supplied U.S. Navy and received DoD/DOE research funding.
- CFO Chuck Griffith, who served as acting president since April, will continue as CFO.

## SEC filing metadata
- accession: 0001437749-23-020386
- form_type: 8-K
- ticker: CPSH
- cik: 0000814676
- company_name: CPS TECHNOLOGIES CORP/DE/
- filed_at: 2023-07-21T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- 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/814676/000143774923020386/0001437749-23-020386-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/814676/000143774923020386/cpsh20230720_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-020386
- JSON: https://secwatch.observer/filing/0001437749-23-020386.json
- Plain text: https://secwatch.observer/filing/0001437749-23-020386.txt

## Key facts
- Executive change
  Brian Mackey was appointed as President and Chief Executive Officer at CPS TECHNOLOGIES CORP/DE/.
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: On July 20, 2023, CPS Technologies Corp. (the Company”) issued a press release announcing that it has appointed Brian Mackey, 53, as President and Chief Executive Officer of the Company, effective as of August 14, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/814676/000143774923020386/0001437749-23-020386-index.htm

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