---
schema_version: "secwatch.filing_event.v1"
accession: "0001515971-24-000083"
form_type: "8-K"
ticker: null
cik: "0001164256"
company_name: "DAYBREAK OIL & GAS, INC."
filed_at: "2024-11-04T23:59:59+00:00"
generated_at: "2026-05-30T05:47:52.932925+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Daybreak Oil & Gas: CEO James Westmoreland retires; Bennett Anderson named new CEO

## Summary
- James Westmoreland retired as President, CEO, and Chairman effective Nov 1, 2024.
- Bennett Anderson appointed President, CEO, and board member; resigned as COO.
- Directors Meara and Lindsey retired; board reduced to three, adding John Linford.
- Anderson's salary remains $100k/year; currently paid 25% ($25k) due to salary reduction.
- No family relationships or reportable related-party transactions disclosed.

## SEC filing metadata
- accession: 0001515971-24-000083
- form_type: 8-K
- cik: 0001164256
- company_name: DAYBREAK OIL & GAS, INC.
- filed_at: 2024-11-04T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1164256/000151597124000083/0001515971-24-000083-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1164256/000151597124000083/dbrm8k110124.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001515971-24-000083
- JSON: https://secwatch.observer/filing/0001515971-24-000083.json
- Plain text: https://secwatch.observer/filing/0001515971-24-000083.txt

## Key facts
- Executive change
  Bennett Anderson was elected as Director at DAYBREAK OIL & GAS, INC..
  - Action: elected
  - Role: Director
  source text: On October 22, 2024, Mr. Anderson was also elected to the Company’s Board of Directors effective as of November 1, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1164256/000151597124000083/0001515971-24-000083-index.htm
- Executive change
  James F. Westmoreland retired as President and Chief Executive Officer at DAYBREAK OIL & GAS, INC..
  - Action: retired
  - Role: President and Chief Executive Officer
  source text: On October 22, 2024, James F. Westmoreland, President and Chief Executive Officer and Interim Principal Financial Officer, advised the Board of Directors of Daybreak Oil and Gas, Inc. (OTC Expert Market: DBRM), a Washington corporation (“Daybreak” or the “Company”) that he will retire from the Company effective with the close of business on Friday, November 1, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1164256/000151597124000083/0001515971-24-000083-index.htm
- Executive change
  Timothy R. Lindsey retired as Director at DAYBREAK OIL & GAS, INC..
  - Action: retired
  - Role: Director
  source text: On October 22, 2024, the Board also accepted the retirement, of Mr. James F. Meara, Director, Audit Committee Chairman and Audit Committee Financial Expert; and Mr. Timothy R. Lindsey, Director, Compensation Committee Chairman, and Nominating and Corporate Governance Committee Chairman, effective close of business on Friday, November 1, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1164256/000151597124000083/0001515971-24-000083-index.htm
- Executive change
  James F. Meara retired as Director at DAYBREAK OIL & GAS, INC..
  - Action: retired
  - Role: Director
  source text: On October 22, 2024, the Board also accepted the retirement, of Mr. James F. Meara, Director, Audit Committee Chairman and Audit Committee Financial Expert; and Mr. Timothy R. Lindsey, Director, Compensation Committee Chairman, and Nominating and Corporate Governance Committee Chairman, effective close of business on Friday, November 1, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1164256/000151597124000083/0001515971-24-000083-index.htm
- Executive change
  John B. Linford was elected as Director at DAYBREAK OIL & GAS, INC..
  - Action: elected
  - Role: Director
  source text: On October 31, 2024, the Board elected Mr. John B. Linford to the Board of Directors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1164256/000151597124000083/0001515971-24-000083-index.htm
- Executive change
  Bennett Anderson was appointed as President and Chief Executive Officer at DAYBREAK OIL & GAS, INC..
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: The Board appointed Mr. Bennett Anderson to the position of President and Chief Executive Officer, effective with the close of business on Friday, November 1, 2024, to fill the vacancies created by Mr. Westmoreland’s retirement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1164256/000151597124000083/0001515971-24-000083-index.htm
- Executive change
  Bennett Anderson resigned as Chief Operating Officer at DAYBREAK OIL & GAS, INC..
  - Action: resigned
  - Role: Chief Operating Officer
  source text: With this appointment, Mr. Anderson resigned from his Chief Operating Officer position, effective as of close of business on Friday, November 1, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1164256/000151597124000083/0001515971-24-000083-index.htm

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