Newton Golf appoints Jeff Clayborne as CFO; predecessor Ryan Stearns departs without severance

Newton Golf Company, Inc.

Jeff Clayborne named CFO effective June 10, 2025; previous CFO Ryan Stearns ceased June 9, 2025 with no severance.
Clayborne's compensation: $225k base salary, target cash bonus of 75% of base, one-time signing bonus of $50k.
Subject to shareholder approval, Clayborne receives PSU grant with max value $275k; if not approved, $275k cash LTI.
Clayborne most recently CFO of Perfect Moment; previously Verb Technology, SONDORS, Universal Music, Disney. CPA, MBA.
Stipend of $1,100/month until group health coverage available or one-year anniversary.

item 5.02item 9.01

Executive movements

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Appointed

Jeff Clayborne

Chief Financial Officer

NWTG · Newton Golf Company, Inc.

Effective: 2025-06-10
Filed: Jun 13, 2025 23:59 UTC

On June 10, 2025, Newton Golf Company, Inc. (the “Company”) announced that the Board of Directors (the “Board”) of the Company has appointed Jeff Clayborne to serve as the Company’s Chief Financial Officer, principal financial officer and principal accounting officer, effective June 10, 2025

Source: SEC EDGAR

accession 0001641172-25-015111

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