Genvor appoints Chad Pawlak CEO, reshuffles executive team; Miller becomes CBO and Interim CFO
Genvor Inc
- Chad Pawlak appointed CEO with base salary of $300,000/year and up to 30% annual bonus tied to milestones.
- Judith Miller resigns as Interim CEO, becomes CBO and Interim CFO with base salary of $180,000/year plus monthly stock grants.
- Dr. Jesse Jaynes named Chief Scientific Officer; Dr. Clayton Yates resigns as CSO and becomes scientific advisor.
- Executives receive milestone-based equity: Pawlak eligible for up to 4 million shares upon achieving product and regulatory goals.
- Indemnification agreements entered into with all officers and directors effective January 17, 2024.