8-K
filed May 2, 2025, 7:59 PM ET
ticker VRDR
CIK 0001506929
leadership
confidence high
sentiment neutral
materiality 0.70
Verde Resources replaces Chairman/CFO Muthu with Strahl as Director and Chui as CFO
VERDE RESOURCES, INC.
- Balakrishnan B S Muthu stepped down as Chairman, Director, CFO, General Manager and Treasurer effective May 1, 2025; no known disagreements.
- Karl Strahl appointed Director; recognized in biochar/carbon removal industry, former COO of Oregon Biochar Solutions.
- Sherina Chui appointed CFO; over 20 years financial leadership with expertise in IFRS and US GAAP.
- Duka Donaghy resigned as Director of Finance effective May 1, 2025.
- Management Committee now comprises Jack Wong, Karl Strahl and Sherina Chui.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 1.0
Sherina Chui was appointed as Chief Financial Officer at VERDE RESOURCES, INC..
- Action
- appointed
- Role
- Chief Financial Officer
Exact text from the filing
By resolution of the Board, Sherina Chui was appointed Chief Financial Officer of the Company, effective May 1, 2025, replacing Balakrishnan B S Muthu in his former position as Chief Financial Officer.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Balakrishnan B S Muthu departed as Chairman and Director at VERDE RESOURCES, INC..
- Action
- stepped down
- Role
- Chairman and Director
Exact text from the filing
Effective May 1, 2025, the following changes were made to the Board of Directors (the “Board”) of Verde Resources, Inc (the “Company”): Balakrishnan B S Muthu stepped down from his positions as Chairman and Director of the Company.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Karl Strahl was appointed as Director at VERDE RESOURCES, INC..
- Action
- appointed
- Role
- Director
Exact text from the filing
By resolution of the Board, Karl Strahl was appointed Director of the Company, effective May 1, 2025, replacing the Director position formerly held by Balakrishnan B S Muthu.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Duka Donaghy resigned as Director of Finance at VERDE RESOURCES, INC..
- Action
- resigned
- Role
- Director of Finance
Exact text from the filing
Effective May 1, 2025, Duka Donaghy resigned from her position as Director of Finance of the Company.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Balakrishnan B S Muthu departed as Chief Financial Officer, General Manager and Treasurer at VERDE RESOURCES, INC..
- Action
- stepped down
- Role
- Chief Financial Officer, General Manager and Treasurer
Exact text from the filing
Effective May 1, 2025, Balakrishnan B S Muthu stepped down as Chief Financial Officer, General Manager and Treasurer of the Company.
View on SEC.gov
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