8-K
filed May 26, 2023, 7:59 PM ET
CIK 0000748790
leadership
confidence high
sentiment neutral
materiality 0.50
Global Clean Energy appoints Nikhil Vasa as CFO; replaces Ralph Goehring
Global Clean Energy Holdings, Inc.
- Nikhil Vasa, 38, appointed EVP and CFO effective May 23, 2023; previously EVP, Finance since Jan 2023.
- Base salary $400k/year, 3-year term, eligible for equity incentives and annual cash bonus target 30% of base.
- Prior equity grants: option for 125k shares at $1.39 (50% vested immediately, rest over 36 months) and option for 475k shares at $0.81 subject to financing.
- Ralph Goehring, former CFO, remains as SVP, Chief Accounting Officer and Treasurer.
- Severance: 6 months base salary and 18 months medical premium reimbursement upon qualifying termination.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Nikhil Vasa was appointed as Executive Vice President, Chief Financial Officer at Global Clean Energy Holdings, Inc..
- Action
- appointed
- Role
- Executive Vice President, Chief Financial Officer
Exact text from the filing
On May 23, 2023, Global Clean Energy Holdings, Inc. (“we,” “us,” “our” and the “Company”) appointed Nikhil Vasa, 38, as the Company’s Executive Vice President and Chief Financial Officer.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Ralph Goehring changed role as Senior Vice President, Chief Accounting Officer and Treasurer at Global Clean Energy Holdings, Inc..
- Action
- will serve as
- Role
- Senior Vice President, Chief Accounting Officer and Treasurer
Exact text from the filing
Mr. Vasa replaces Ralph Goehring, who had previously served as the Company’s Senior Vice President and Chief Financial Officer since July 2020. Mr. Goehring will remain employed by the Company pursuant to his existing employment agreement with the Company, and will serve as Senior Vice President, Chief Accounting Officer and Treasurer.
View on SEC.gov
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