---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-016197"
form_type: "8-K"
ticker: null
cik: "0001761510"
company_name: "TILT Holdings Inc."
filed_at: "2023-10-02T23:59:59+00:00"
generated_at: "2026-06-10T06:26:43.148037+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001558370-23-016197
- form_type: 8-K
- cik: 0001761510
- company_name: TILT Holdings Inc.
- filed_at: 2023-10-02T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1761510/000155837023016197/0001558370-23-016197-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1761510/000155837023016197/tilt-20230926x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-016197
- JSON: https://secwatch.observer/filing/0001558370-23-016197.json
- Plain text: https://secwatch.observer/filing/0001558370-23-016197.txt

## Key facts
- Executive change
  Tim Conder was appointed as Chief Executive Officer at TILT Holdings Inc..
  - Action: appointed
  - Role: Chief Executive Officer
  source text: On September 26, 2023, the Board appointed Mr. Conder as the permanent Chief Executive Officer of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1761510/000155837023016197/0001558370-23-016197-index.htm

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