Soluna appoints John Tunison as CFO effective April 8; David Michaels resigns but stays on board

Soluna Holdings, Inc

David Michaels resigns as CFO effective upon Tunison's appointment; no disagreement cited; remains on board.
John Tunison appointed CFO and Treasurer, effective April 8, 2024; previously CFO of Verdant Specialty Solutions.
Tunison's employment agreement includes $350k base salary, up to 50% performance bonus, and standard benefits.
Equity inducement awards: 2% restricted common stock and 25,000 shares of restricted preferred stock.
Tunison brings 25+ years of energy-sector finance experience; background includes nuclear engineer and US Navy officer.

item 5.02 item 7.01 item 9.01

Executive movements

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Appointed

John Tunison

Chief Financial Officer and Treasurer

SLNH · Soluna Holdings, Inc

Effective: 2024-04-08
Filed: April 3, 2024, 7:59 PM ET

The Company has appointed John Tunison to serve as the Chief Financial Officer and Treasurer of the Company, effective April 8, 2024

Departed

David Michaels

Chief Financial Officer

SLNH · Soluna Holdings, Inc

Effective: 2024-04-08
Successor: John Tunison
Filed: April 3, 2024, 7:59 PM ET

the Company will accept David Michaels’s resignation from his position as CFO of the Company, effective immediately upon the effectiveness of the appointment of a new CFO.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

John Tunison was appointed as Chief Financial Officer and Treasurer at Soluna Holdings, Inc.

Action: appointed
Role: Chief Financial Officer and Treasurer

Exact text from the filing

The Company has appointed John Tunison to serve as the Chief Financial Officer and Treasurer of the Company, effective April 8, 2024

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

David Michaels resigned as Chief Financial Officer at Soluna Holdings, Inc.

Action: resigned
Role: Chief Financial Officer

Exact text from the filing

the Company will accept David Michaels’s resignation from his position as CFO of the Company, effective immediately upon the effectiveness of the appointment of a new CFO.

View on SEC.gov

Soluna Holdings, Inc filing history →

Source: SEC EDGAR

accession 0001493152-24-013008

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