---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-21-009210"
form_type: "8-K"
ticker: "ELA"
cik: "0000701719"
company_name: "Envela Corp"
filed_at: "2021-08-18T23:59:59+00:00"
generated_at: "2026-06-29T09:22:13.846338+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Envela director Friedman resigns from board to become CIO effective immediately

## Summary
- Joel S. Friedman resigned as independent director and Compensation Committee Chairman on Aug 16, 2021.
- Friedman appointed as Chief Information Officer (CIO) effective Aug 16, 2021.
- No disagreements with the Company regarding operations, policies, or practices were cited.
- Friedman also served on Audit, Compliance, and Nominating Committees; search for replacement director underway.

## SEC filing metadata
- accession: 0001654954-21-009210
- form_type: 8-K
- ticker: ELA
- cik: 0000701719
- company_name: Envela Corp
- filed_at: 2021-08-18T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/701719/000165495421009210/0001654954-21-009210-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/701719/000165495421009210/ela_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-21-009210
- JSON: https://secwatch.observer/filing/0001654954-21-009210.json
- Plain text: https://secwatch.observer/filing/0001654954-21-009210.txt

## Key facts
- Executive change
  Joel S. Friedman resigned as Independent Director at Envela Corp.
  - Action: resigned
  - Role: Independent Director
  source text: On August 16, 2021, Joel S. Friedman, an independent member of the Board of Directors of Envela Corporation (the “Company”) and the Chairman of the Compensation Committee, resigned from the Board of Directors and agreed to become the Company’s Chief Information Officer (“CIO”), effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/701719/000165495421009210/0001654954-21-009210-index.htm
- Executive change
  Joel S. Friedman was appointed as Chief Information Officer at Envela Corp.
  - Action: appointed
  - Role: Chief Information Officer
  source text: On August 16, 2021, Joel S. Friedman, an independent member of the Board of Directors of Envela Corporation (the “Company”) and the Chairman of the Compensation Committee, resigned from the Board of Directors and agreed to become the Company’s Chief Information Officer (“CIO”), effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/701719/000165495421009210/0001654954-21-009210-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.