Better Choice cuts 25% of workforce, COO resigns; expects $2.2M annual savings

SRx Health Solutions, Inc.

Workforce reduction of ~25%; expects $2.2M in annual cost savings.
COO Robert Sauermann resigns effective March 17, 2023; no disagreement cited.
Interim CEO states COO role eliminated to further lower cost structure.
Company to provide further details with Q4 and full-year 2022 results.

item 7.01 item 5.02 item 9.01

Executive movements

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Departed

Robert Sauermann

Chief Operating Officer

SRXH · SRx Health Solutions, Inc.

Effective: 2023-03-17
Filed: March 2, 2023, 6:59 PM ET

On March 2, 2023, Better Choice Company Inc. (the "Company") announced that Robert Sauermann, age 31, informed the Company of his intention to resign from his position as Chief Operating Officer of the Company.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Robert Sauermann resigned as Chief Operating Officer at SRx Health Solutions, Inc..

Action: resigned
Role: Chief Operating Officer

Exact text from the filing

On March 2, 2023, Better Choice Company Inc. (the "Company") announced that Robert Sauermann, age 31, informed the Company of his intention to resign from his position as Chief Operating Officer of the Company.

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SRx Health Solutions, Inc. filing history →

Source: SEC EDGAR

accession 0001471727-23-000011

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