---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-000622"
form_type: "8-K"
ticker: "TLSS"
cik: "0001463208"
company_name: "Transportation & Logistics Systems, Inc."
filed_at: "2022-01-07T23:59:59+00:00"
generated_at: "2026-06-27T19:49:58.191823+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# TLSS appoints Sebastian Giordano as CEO, President, and Chairman, James Giordano as CFO

## Summary
- Sebastian Giordano named CEO, President, and Chairman, replacing John Mercadante, who remains on the board.
- Employment agreement through Dec 31, 2025; annual compensation $400,000 plus bonuses and up to 5% equity.
- James Giordano appointed CFO and Treasurer, at will, with $250,000 annual compensation plus bonuses.
- Sebastian Giordano previously CEO of Ascentaur and WPCS; James Giordano was CFO of Freight Connections.
- Sebastian Giordano's prior consulting arrangement with TLSS terminated upon his employment.

## SEC filing metadata
- accession: 0001493152-22-000622
- form_type: 8-K
- ticker: TLSS
- cik: 0001463208
- company_name: Transportation & Logistics Systems, Inc.
- filed_at: 2022-01-07T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1463208/000149315222000622/0001493152-22-000622-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1463208/000149315222000622/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-000622
- JSON: https://secwatch.observer/filing/0001493152-22-000622.json
- Plain text: https://secwatch.observer/filing/0001493152-22-000622.txt

## Key facts
- Executive change
  Sebastian Giordano was appointed as Chief Executive Officer, President, and Chairman at Transportation & Logistics Systems, Inc..
  - Action: appointed
  - Role: Chief Executive Officer, President, and Chairman
  source text: On January 4, 2022, Transportation and Logistics Systems, Inc. (OTCQB:TLSS), (“TLSS” or the “Company”), a growing logistics service provider, retained the services of Mr. Sebastian Giordano (age 64) as Chief Executive Officer of the Company. In addition, Mr. Sebastian Giordano is appointed the Company’s President.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1463208/000149315222000622/0001493152-22-000622-index.htm
- Executive change
  James Giordano was appointed as Chief Financial Officer and Treasurer at Transportation & Logistics Systems, Inc..
  - Action: appointed
  - Role: Chief Financial Officer and Treasurer
  source text: On January, 3, 2022, the Company retained the services of Mr. James Giordano (age 52 and no relation to Mr. Sebastian Giordano) as Chief Financial Officer. In addition, Mr. James Giordano is appointed the Company’s Treasurer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1463208/000149315222000622/0001493152-22-000622-index.htm
- Executive change
  John Mercadante departed as Chief Financial Officer and Treasurer at Transportation & Logistics Systems, Inc..
  - Action: replaced
  - Role: Chief Financial Officer and Treasurer
  source text: Mr. James Giordano replaces Mr. Mercadante as Chief Financial Officer and Treasurer of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1463208/000149315222000622/0001493152-22-000622-index.htm
- Executive change
  John Mercadante departed as Chief Executive Officer, President, and Chairman at Transportation & Logistics Systems, Inc..
  - Action: replaced
  - Role: Chief Executive Officer, President, and Chairman
  source text: Mr. Sebastian Giordano replaces Mr. John Mercadante as the Company’s Chief Executive Officer and President.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1463208/000149315222000622/0001493152-22-000622-index.htm

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