---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-018914"
form_type: "8-K"
ticker: "NXPL"
cik: "0001058307"
company_name: "NextPlat Corp"
filed_at: "2025-05-30T23:59:59+00:00"
generated_at: "2026-05-20T03:58:20.429693+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001437749-25-018914
- form_type: 8-K
- ticker: NXPL
- cik: 0001058307
- company_name: NextPlat Corp
- filed_at: 2025-05-30T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1058307/000143774925018914/0001437749-25-018914-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1058307/000143774925018914/nxpl20250530c_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-018914
- JSON: https://secwatch.observer/filing/0001437749-25-018914.json
- Plain text: https://secwatch.observer/filing/0001437749-25-018914.txt

## Key facts
- Executive change
  David Phipps was appointed as Interim Chief Executive Officer at NextPlat Corp.
  - Action: appointed
  - Role: Interim Chief Executive Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1058307/000143774925018914/0001437749-25-018914-index.htm
- Executive change
  Charles M. Fernandez departed as Executive Chairman and Chief Executive Officer at NextPlat Corp.
  - Action: passed away
  - Role: Executive Chairman and Chief Executive Officer
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1058307/000143774925018914/0001437749-25-018914-index.htm

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