---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-047558"
form_type: "8-K"
ticker: "GTLL"
cik: "0000932021"
company_name: "GLOBAL TECHNOLOGIES LTD"
filed_at: "2024-11-25T23:59:59+00:00"
generated_at: "2026-05-29T19:26:37.889579+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Global Technologies appoints H. Wyatt Flippen as CEO; base salary $102K, 125K preferred shares

## Summary
- H. Wyatt Flippen named CEO and board member effective November 22, 2024.
- Annual base salary of $102,000; receives 125,000 shares of Series N Preferred Stock.
- Employment agreement has initial one-year term with automatic renewals.
- Fredrick Cutcher remains President of 10 Fold Services and board member.

## SEC filing metadata
- accession: 0001493152-24-047558
- form_type: 8-K
- ticker: GTLL
- cik: 0000932021
- company_name: GLOBAL TECHNOLOGIES LTD
- filed_at: 2024-11-25T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/932021/000149315224047558/0001493152-24-047558-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/932021/000149315224047558/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-047558
- JSON: https://secwatch.observer/filing/0001493152-24-047558.json
- Plain text: https://secwatch.observer/filing/0001493152-24-047558.txt

## Key facts
- Executive change
  H. Wyatt Flippen was appointed as Chief Executive Officer at GLOBAL TECHNOLOGIES LTD.
  - Action: appointed
  - Role: Chief Executive Officer
  source text: On November 22, 2024, the Company’s Board approved the appointment of H. Wyatt Flippen as its Chief Executive Officer and as a member of the Board of Directors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/932021/000149315224047558/0001493152-24-047558-index.htm

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