One World Products appoints Joerg Sommer as President; salary $60K contingent on $5M offering

One World Products, Inc.

Joerg Sommer appointed President effective May 23, 2023; base salary $60,000 increasing to $240,000 upon $5M+ equity offering.
Eligible for bonus up to $380,000 upon sale of equity; granted 1.5M shares immediately and additional 1.5M shares after qualified offering.
Mr. Sommer previously served on Advisory Board since Aug 2020 and as consultant at $2,500/month from Jan 2021 to Jun 2022.
He holds an MBA from MIT Sloan and dual masters from Technische Universität Berlin; former COO at StreetScooter and Chanje Energy.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Joerg Sommer

President

OWPC · One World Products, Inc.

Effective: 2023-05-23
Filed: June 1, 2023, 7:59 PM ET

On May 23, 2023, the Board of Directors of One World Products, Inc. (the “Company”) appointed Joerg Sommer, 57, to serve as the Company’s President.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Joerg Sommer was appointed as President at One World Products, Inc..

Action: appointed
Role: President

Exact text from the filing

On May 23, 2023, the Board of Directors of One World Products, Inc. (the “Company”) appointed Joerg Sommer, 57, to serve as the Company’s President.

View on SEC.gov

One World Products, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-23-019802

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.