---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-026398"
form_type: "8-K"
ticker: "OWPC"
cik: "0001622244"
company_name: "One World Products, Inc."
filed_at: "2024-07-05T23:59:59+00:00"
generated_at: "2026-05-31T23:21:07.639058+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# One World Products names Todd Peterson CFO; President Sommer resigns

## Summary
- Todd Peterson appointed CFO effective July 1, 2024; Timothy Woods terminated as CFO.
- CFO gets $8,000/mo salary, $15,000 quarterly bonus (cash or stock), 250k-share signing bonus valued at $11,250.
- President Joerg Sommer resigned effective July 2, 2024; no replacement named yet.
- Signing bonus shares unregistered under Section 4(a)(2); bear restrictive legend.

## SEC filing metadata
- accession: 0001493152-24-026398
- form_type: 8-K
- ticker: OWPC
- cik: 0001622244
- company_name: One World Products, Inc.
- filed_at: 2024-07-05T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 3.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1622244/000149315224026398/0001493152-24-026398-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1622244/000149315224026398/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-026398
- JSON: https://secwatch.observer/filing/0001493152-24-026398.json
- Plain text: https://secwatch.observer/filing/0001493152-24-026398.txt

## Key facts
- Executive change
  Todd Peterson was appointed as Chief Financial Officer at One World Products, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: appointed Todd Peterson as the Company’s new Chief Financial Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1622244/000149315224026398/0001493152-24-026398-index.htm
- Executive change
  Timothy Woods was terminated as Chief Financial Officer at One World Products, Inc..
  - Action: terminated
  - Role: Chief Financial Officer
  source text: On July 1, 2024, the Board of Directors of the Company terminated Timothy Woods as the Company’s Chief Financial Officer and appointed Todd Peterson as the Company’s new Chief Financial Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1622244/000149315224026398/0001493152-24-026398-index.htm
- Executive change
  Joerg Sommer resigned as President at One World Products, Inc..
  - Action: resigned
  - Role: President
  source text: On July 2, 2024, Joerg Sommer resigned as the Company’s President, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1622244/000149315224026398/0001493152-24-026398-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.