---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-015738"
form_type: "8-K"
ticker: "CCLD"
cik: "0001582982"
company_name: "CareCloud, Inc."
filed_at: "2023-05-08T23:59:59+00:00"
generated_at: "2026-06-15T13:18:56.595768+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# CareCloud CFO Bill Korn transitions to CSO; Joseph DosSantos appointed CFO effective May 8

## Summary
- Bill Korn, CFO for 10 years, moves to Chief Strategy Officer; effective May 8, 2023; annual salary remains $250,000.
- Joseph DosSantos appointed CFO; annual base salary $250,000; eligible for bonuses and RSU sign-on ($25k) and retention ($50k) bonuses.
- DosSantos previously CFO of Luzsana Biotechnology; extensive public company financial management experience.
- Korn's severance includes up to 24 months salary and bonus; DosSantos same severance terms.
- Leadership transition aimed at strengthening investor relations and supporting organic growth strategy.

## SEC filing metadata
- accession: 0001493152-23-015738
- form_type: 8-K
- ticker: CCLD
- cik: 0001582982
- company_name: CareCloud, Inc.
- filed_at: 2023-05-08T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1582982/000149315223015738/0001493152-23-015738-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1582982/000149315223015738/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-015738
- JSON: https://secwatch.observer/filing/0001493152-23-015738.json
- Plain text: https://secwatch.observer/filing/0001493152-23-015738.txt

## Key facts
- Executive change
  Bill Korn changed role as Chief Strategy Officer at CareCloud, Inc..
  - Action: assumed the role of Chief Strategy Officer
  - Role: Chief Strategy Officer
  source text: Effective May 8, 2023, Bill Korn, the Registrant’s current Chief Financial Officer, has assumed the role of Chief Strategy Officer
  evidence_url: https://www.sec.gov/Archives/edgar/data/1582982/000149315223015738/0001493152-23-015738-index.htm
- Executive change
  Joseph DosSantos was appointed as Chief Financial Officer at CareCloud, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: and Joseph DosSantos has been appointed Chief Financial Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1582982/000149315223015738/0001493152-23-015738-index.htm

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