GPO Plus appoints new CFO, President, and COO under multi-year employment agreements
GPO Plus, Inc.
Laurence Ruhe appointed CFO (Nov 1, 2021); $60k salary (accrues if no funds), 15k S-8 shares, 50k restricted shares, plus 10k shares/month for 3 years.
Ron McCormick appointed President & Board member (Dec 3, 2021); $60k salary, 55k S-8 shares, 2.225M restricted shares, 625k performance shares over 3 years.
Wayne Smeal appointed COO & Board member (Dec 29, 2021); identical $60k salary, 55k S-8 shares, 2.225M restricted shares, 625k performance shares.
All appointments under 3-year agreements with automatic renewal, change-of-control severance, and salary accrual if company lacks funds.
the Board of Directors of the Company appointed Laurence Ruhe as the Chief Financial Officer of the Company and as advisor to the Board of Directors of the Company.
the Board of Directors of the Company appointed Ron McCormick as the President of the Company and as a member of the Board of Directors of the Company.
Key facts
Extracted from this filing and checked against the source text.
Executive changeSEC 8-K Item 5.02confidence 0.95
Wayne Smeal was appointed as COO at GPO Plus, Inc..
Action
appointed
Role
COO
Exact text from the filing
the Board of Directors of the Company appointed Wayne Smeal as the COO of the Company and as a member of the Board of Directors of the Company.
Laurence Ruhe was appointed as Chief Financial Officer at GPO Plus, Inc..
Action
appointed
Role
Chief Financial Officer
Exact text from the filing
the Board of Directors of the Company appointed Laurence Ruhe as the Chief Financial Officer of the Company and as advisor to the Board of Directors of the Company.
Ron McCormick was appointed as President at GPO Plus, Inc..
Action
appointed
Role
President
Exact text from the filing
the Board of Directors of the Company appointed Ron McCormick as the President of the Company and as a member of the Board of Directors of the Company.
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