home · filing · 0001493152-24-015501
8-K filed April 22, 2024, 7:59 PM ET
ticker PETV
CIK 0001512922
other
confidence high
sentiment neutral
materiality 0.55
PetVivo launches cost reduction program; CEO and CBDO/GC salaries cut
PetVivo Holdings, Inc.
CEO John Lai salary reduced from $350,000 to $150,000 per year, effective May 1, 2024.
Chief Business Dev. Officer John Dolan salary reduced from $230,000 to $120,000 annually.
Program led by new CFO Garry Lowenthal; additional labor and operating cuts expected.
Goal is to preserve cash, reduce operating loss and monthly cash burn.
Executive movements
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Appointed
Garry Lowenthal
Chief Financial Officer
PETV ·
PetVivo Holdings, Inc.
Filed April 22, 2024, 7:59 PM ET
led by Garry Lowenthal, the Company’s new Chief Financial Officer.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.75
Garry Lowenthal was appointed as Chief Financial Officer at PetVivo Holdings, Inc..
Action appointed
Role Chief Financial Officer
Exact text from the filing
led by Garry Lowenthal, the Company’s new Chief Financial Officer.
View on SEC.gov
Source: SEC EDGAR
accession 0001493152-24-015501
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