Director Lisa Brady resigns from Parks! America board citing concerns over strategic decisions and fiduciary duty risks

PARKS AMERICA, INC

Lisa Brady resigned from Board effective July 18, 2024; she served as director since Nov 2021 and was President/CEO until June 14, 2024.
Resignation letter cites significant concerns about strategic decisions, certain hirings, and potential breach of fiduciary duties by the Board.
No replacement announced; Board thanked her for service.
The resignation letter is filed as Exhibit 17.1.

item 5.02 item 9.01

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Departed

Lisa Brady

Director

PRKA · PARKS AMERICA, INC

Effective: 2024-07-18
Filed: July 22, 2024, 7:59 PM ET

On July 18, 2024, Lisa Brady, a member of the Board of Directors (the “Board”), notified Parks! America, Inc. (the “Company”) of her resignation from the Board effective immediately.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 1.0

Lisa Brady resigned as Director at PARKS AMERICA, INC.

Action: resigned
Role: Director

Exact text from the filing

On July 18, 2024, Lisa Brady, a member of the Board of Directors (the “Board”), notified Parks! America, Inc. (the “Company”) of her resignation from the Board effective immediately.

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Source: SEC EDGAR

accession 0001493152-24-028705

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