NextPlat Corp CEO Charles M. Fernandez passes away; David Phipps named Interim CEO

NextPlat Corp

Executive Chairman and CEO Charles M. Fernandez died on May 24, 2025.
Board appointed David Phipps as Interim CEO; Phipps was CEO from 2015-2021.
Phipps also serves as President of Orbital Satcom and Outfitter Satellite and MD of GTC UK.
No changes to Phipps' existing employment agreement in connection with appointment.
No family relationships or material interests between Phipps and other directors.

item 5.02 item 9.01

Executive movements

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Appointed (interim)

David Phipps

Interim Chief Executive Officer

NXPL · NextPlat Corp

Effective: 2025-05-24
Filed: May 30, 2025, 7:59 PM ET

the Company’s Board of Directors (the “Board”) appointed David Phipps, the Company's current President and CEO of Global Operations and Director, as Interim Chief Executive Officer.

Departed

Charles M. Fernandez

Executive Chairman and Chief Executive Officer

NXPL · NextPlat Corp

Effective: 2025-05-24
Successor: David Phipps
Filed: May 30, 2025, 7:59 PM ET

As a result of the passing of Charles M. Fernandez, Executive Chairman and Chief Executive Officer of NextPlat Corp (the “Company”), on May 24, 2025

Key facts

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Executive change SEC 8-K Item 5.02 confidence 1.0

David Phipps was appointed as Interim Chief Executive Officer at NextPlat Corp.

Action: appointed
Role: Interim Chief Executive Officer

Exact text from the filing

the Company’s Board of Directors (the “Board”) appointed David Phipps, the Company's current President and CEO of Global Operations and Director, as Interim Chief Executive Officer.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Charles M. Fernandez departed as Executive Chairman and Chief Executive Officer at NextPlat Corp.

Action: passed away
Role: Executive Chairman and Chief Executive Officer

Exact text from the filing

As a result of the passing of Charles M. Fernandez, Executive Chairman and Chief Executive Officer of NextPlat Corp (the “Company”), on May 24, 2025

View on SEC.gov

NextPlat Corp filing history →

Source: SEC EDGAR

accession 0001437749-25-018914

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