SPAR Group appoints two directors to Brown Board Seats amid pending Highwire acquisition

SPAR Group, Inc.

Board appointed James R. Brown, Sr. and Panagiotis Lazaretos on May 6, effective immediately, filling Brown Board Seats per CIC Agreement.
Both previously served on Board and retired in Jan 2022 in connection with the CIC Agreement.
Appointment is 'unusual' given pending acquisition by Highwire Capital (announced Mar 17, 2025) and scheduled June 12 shareholder meeting.
James R. Brown, Sr. is brother of Robert G. Brown, founder and majority stockholder.
Panagiotis Lazaretos served as a paid consultant via Thenablers, Ltd. until July 2023.

item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Panagiotis Lazaretos

Director

SGRP · SPAR Group, Inc.

Effective: 2025-05-06
Filed: May 12, 2025, 7:59 PM ET

On May 6, 2025, the Board of Directors of SGRP (the " Board ") appointed Mr. James R. Brown, Sr. and Mr. Panagiotis Lazaretos to rejoin the Board as Directors, effectively immediately

Appointed

James R. Brown, Sr.

Director

SGRP · SPAR Group, Inc.

Effective: 2025-05-06
Filed: May 12, 2025, 7:59 PM ET

On May 6, 2025, the Board of Directors of SGRP (the " Board ") appointed Mr. James R. Brown, Sr. and Mr. Panagiotis Lazaretos to rejoin the Board as Directors, effectively immediately

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Panagiotis Lazaretos was appointed as Director at SPAR Group, Inc..

Action: appointed
Role: Director

Exact text from the filing

On May 6, 2025, the Board of Directors of SGRP (the " Board ") appointed Mr. James R. Brown, Sr. and Mr. Panagiotis Lazaretos to rejoin the Board as Directors, effectively immediately

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

James R. Brown, Sr. was appointed as Director at SPAR Group, Inc..

Action: appointed
Role: Director

Exact text from the filing

On May 6, 2025, the Board of Directors of SGRP (the " Board ") appointed Mr. James R. Brown, Sr. and Mr. Panagiotis Lazaretos to rejoin the Board as Directors, effectively immediately

View on SEC.gov

SPAR Group, Inc. filing history →

Source: SEC EDGAR

accession 0001437749-25-016119

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