Permex Petroleum appoints Bradley Taillon as President/CEO, Mehran Ehsan transitions to VP Business Development

Permex Petroleum Corp

Mehran Ehsan resigns as President/CEO effective April 29, 2024, remains on board as VP Business Development.
Bradley Taillon appointed President/CEO with base salary $250,000 and annual bonus up to 100% of salary.
Taillon receives one-time cash bonus of $50,000 and 10,000 stock options as sign-on incentive.
Taillon eligible for additional performance bonuses tied to qualified financing thresholds (e.g., $50k for $1M+ financing).
Taillon previously served as VP of Finance since March 2024; prior roles at Ruckus Energy and Lilis 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.

Role change

Mehran Ehsan

Vice President of Business Development

Permex Petroleum Corp

Effective: 2024-04-29
Successor: Bradley Taillon
Filed: April 29, 2024, 7:59 PM ET

Mehran Ehsan will resign from his position as the Company’s President and Chief Executive Officer and will transition to the role of Vice President of Business Development, effective April 29, 2024.

Appointed

Bradley Taillon

President and Chief Executive Officer

Permex Petroleum Corp

Effective: 2024-04-29
Filed: April 29, 2024, 7:59 PM ET

Bradley Taillon has been appointed as President and Chief Executive Officer, effective April 29, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Mehran Ehsan changed role as Vice President of Business Development at Permex Petroleum Corp.

Action: transitioned
Role: Vice President of Business Development

Exact text from the filing

Mehran Ehsan will resign from his position as the Company’s President and Chief Executive Officer and will transition to the role of Vice President of Business Development, effective April 29, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Bradley Taillon was appointed as President and Chief Executive Officer at Permex Petroleum Corp.

Action: appointed
Role: President and Chief Executive Officer

Exact text from the filing

Bradley Taillon has been appointed as President and Chief Executive Officer, effective April 29, 2024.

View on SEC.gov

Source: SEC EDGAR

accession 0001493152-24-017070

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.