---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-035360"
form_type: "8-K"
ticker: "PRKA"
cik: "0001297937"
company_name: "PARKS AMERICA, INC"
filed_at: "2024-09-06T23:59:59+00:00"
generated_at: "2026-05-31T06:02:36.906739+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Parks! America CFO Todd R. White to resign effective Dec 31, 2024; board resignation also effective Sep 3, 2024

## Summary
- CFO Todd R. White will resign as CFO on Dec 31, 2024; continue salary until then.
- White also resigned from the Board of Directors as of Sep 3, 2024, with no disagreement.
- Separately, White sold 1,344,555 shares at $0.40 each to Focused Compounding Fund (total $537,822).
- Focused Compounding principals Geoffrey Gannon and Andrew Kuhn are current board members.

## SEC filing metadata
- accession: 0001493152-24-035360
- form_type: 8-K
- ticker: PRKA
- cik: 0001297937
- company_name: PARKS AMERICA, INC
- filed_at: 2024-09-06T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1297937/000149315224035360/0001493152-24-035360-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1297937/000149315224035360/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-035360
- JSON: https://secwatch.observer/filing/0001493152-24-035360.json
- Plain text: https://secwatch.observer/filing/0001493152-24-035360.txt

## Key facts
- Executive change
  Todd R. White resigned as Chief Financial Officer at PARKS AMERICA, INC.
  - Action: resigned
  - Role: Chief Financial Officer
  source text: pursuant to which Mr. White determined to resign as the Company’s Chief Financial Officer, effective December 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1297937/000149315224035360/0001493152-24-035360-index.htm
- Executive change
  Todd R. White resigned as Director at PARKS AMERICA, INC.
  - Action: resigned
  - Role: Director
  source text: Mr. White also resigned, effective as of September 3, 2024, as a member of the Company’s Board of Directors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1297937/000149315224035360/0001493152-24-035360-index.htm

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