Sharps Technology formalizes CFO Andrew Crescenzo's employment with $225K salary, $18,750 incentive

Sharps Technology Inc.

Mr. Crescenzo served as CFO on a contract basis since 2019; new agreement makes his position permanent effective Sept 30, 2022.
Annual salary $225,000, one-time $18,750 incentive at commencement, eligible for performance bonuses and 2022 Equity Incentive Plan.
Agreement includes perpetual confidentiality covenant and non-competition / non-solicitation covenants lasting 24 months post-termination.
Either party may terminate with 90 days' written notice; termination for cause immediate with accrued compensation paid.

item 5.02 item 9.01

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Appointed

Andrew R. Crescenzo

Chief Financial Officer

STSS · Sharps Technology Inc.

Effective: 2022-09-30
Filed: October 6, 2022, 7:59 PM ET

On September 30, 2022, Sharps Technology, Inc. (the “Company”) entered into a formal employment agreement (the “Agreement”) with Andrew R. Crescenzo (age 65), who has been serving as the Company’s Chief Financial Officer (CFO) on a contract services basis for the last three years.

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Executive change SEC 8-K Item 5.02 confidence 0.95

Andrew R. Crescenzo was appointed as Chief Financial Officer at Sharps Technology Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

On September 30, 2022, Sharps Technology, Inc. (the “Company”) entered into a formal employment agreement (the “Agreement”) with Andrew R. Crescenzo (age 65), who has been serving as the Company’s Chief Financial Officer (CFO) on a contract services basis for the last three years.

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Sharps Technology Inc. filing history →

Source: SEC EDGAR

accession 0001493152-22-027810

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