---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-24-006603"
form_type: "8-K"
ticker: null
cik: "0001675634"
company_name: "ShiftPixy, Inc."
filed_at: "2024-10-22T23:59:59+00:00"
generated_at: "2026-05-30T11:41:01.228716+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Shiftpixy ousts CEO Scott Absher amid allegations; CFO resigns; appoints Chief Restructuring Officer

## Summary
- CFO Patrice Launay resigned immediately on Oct 18, 2024; CEO Scott Absher terminated as CEO, Chairman, and President on Oct 19, 2024.
- Board cites initial investigation into allegations involving Mr. Absher as reason for termination; no further details provided.
- Jonathan Feldman appointed Chief Restructuring Officer effective Oct 21; Feldman is a partner at Phang & Feldman, P.A. specializing in restructuring.
- Feldman will lead ongoing operations; no permanent CEO or CFO named in the filing.

## SEC filing metadata
- accession: 0001477932-24-006603
- form_type: 8-K
- cik: 0001675634
- company_name: ShiftPixy, Inc.
- filed_at: 2024-10-22T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1675634/000147793224006603/0001477932-24-006603-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1675634/000147793224006603/pixy_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-24-006603
- JSON: https://secwatch.observer/filing/0001477932-24-006603.json
- Plain text: https://secwatch.observer/filing/0001477932-24-006603.txt

## Key facts
- Executive change
  Patrice H. Launay resigned as Chief Financial Officer at ShiftPixy, Inc..
  - Action: resigned
  - Role: Chief Financial Officer
  source text: On October 18, 2024, Patrice H. Launay resigned immediately as Chief Financial Officer of ShiftPixy, Inc. (the “Company”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1675634/000147793224006603/0001477932-24-006603-index.htm
- Executive change
  Scott W. Absher was terminated as Chief Executive Officer, Chairman of the Board, and President at ShiftPixy, Inc..
  - Action: terminated
  - Role: Chief Executive Officer, Chairman of the Board, and President
  source text: On October 19, 2024, the Board of Directors of the Company (the “Board”) voted to terminate the employment of Scott W. Absher as the Company’s Chief Executive Officer, Chairman of the Board, and President, as being in the best interests of the Company and the Company’s shareholders resulting from the Board’s initial investigation into allegations involving actions of Mr. Absher.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1675634/000147793224006603/0001477932-24-006603-index.htm
- Executive change
  Jonathan Feldman was appointed as Chief Restructuring Officer at ShiftPixy, Inc..
  - Action: appointed
  - Role: Chief Restructuring Officer
  source text: Concurrently, the Board approved the appointment of a Chief Restructuring Officer, Jonathan Feldman, effective October 21, 2024, to lead the Company’s ongoing operations.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1675634/000147793224006603/0001477932-24-006603-index.htm

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