Better Choice names Kent Cunningham as CEO; Conacher steps down as interim CEO

SRx Health Solutions, Inc.

Lionel Conacher resigns as interim CEO effective May 22, 2023, remains on Board as director.
Kent Cunningham appointed CEO effective May 22, 2023; previously a Principal at Catapult Consulting.
Cunningham receives $350,000 base salary, annual bonus target of 50% of base (50% cash, 50% stock).
Initial grant of 1,000,000 RSUs with three-year vesting tied to stock price thresholds ($1.00, $2.00, $2.50).
RSUs vest 33.3% per year if stock price targets met; forfeited if time/performance conditions not satisfied.

item 5.02 item 9.01

Executive movements

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Departed (interim)

Lionel F. Conacher

Interim Chief Executive Officer

SRXH · SRx Health Solutions, Inc.

Effective: 2023-05-22
Successor: Kent Cunningham
Filed: May 17, 2023, 7:59 PM ET

Lionel F. Conacher, age 60, will resign from his role as Interim Chief Executive Officer of the Company, effective May 22, 2023.

Appointed

Kent Cunningham

Chief Executive Officer

SRXH · SRx Health Solutions, Inc.

Effective: 2023-05-22
Filed: May 17, 2023, 7:59 PM ET

On May 11, 2023, the Company announced that Kent Cunningham, age 52, was appointed as Chief Executive Officer of the Company, effective May 22, 2023.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Lionel F. Conacher resigned as Interim Chief Executive Officer at SRx Health Solutions, Inc..

Action: resigned
Role: Interim Chief Executive Officer

Exact text from the filing

Lionel F. Conacher, age 60, will resign from his role as Interim Chief Executive Officer of the Company, effective May 22, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Kent Cunningham was appointed as Chief Executive Officer at SRx Health Solutions, Inc..

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

On May 11, 2023, the Company announced that Kent Cunningham, age 52, was appointed as Chief Executive Officer of the Company, effective May 22, 2023.

View on SEC.gov

SRx Health Solutions, Inc. filing history →

Source: SEC EDGAR

accession 0001628280-23-018514

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