TILT Holdings names Tim Conder permanent CEO, Art Smuck Board Chair

TILT Holdings Inc.

Tim Conder appointed permanent CEO effective Sept 26, 2023; had been interim CEO since April 2023 without compensation.
Employment agreement: monthly base salary of $29,167 ($350K annualized), target bonuses of $200K each for Dec 2023 and June 2024 milestones, plus 2M PSUs.
Art Smuck appointed Board Chair, succeeding John Barravecchia who remains as board member and audit committee chair.
Conder entitled to up to $25,500 expense reimbursement and Company to donate up to $50K to charities at his direction.
Board highlights Conder's financial discipline and cost-cutting; strategy shift to build foundation for profitable growth in 2024.

item 5.02 item 8.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Tim Conder

Chief Executive Officer

TILT Holdings Inc.

Effective: 2023-09-26
Filed: October 2, 2023, 7:59 PM ET

On September 26, 2023, the Board appointed Mr. Conder as the permanent Chief Executive Officer of the Company.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Tim Conder was appointed as Chief Executive Officer at TILT Holdings Inc..

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

On September 26, 2023, the Board appointed Mr. Conder as the permanent Chief Executive Officer of the Company.

View on SEC.gov

Source: SEC EDGAR

accession 0001558370-23-016197

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.