BK Technologies CFO Bill Kelly to retire after 26 years; separation agreement signed

BK Technologies Corp

William P. Kelly, CFO and EVP, will retire effective when replacement starts but no later than June 30, 2022.
Company to pay Kelly $166,087.50 (9 months base pay) in bi-weekly installments upon retirement.
Company to reimburse COBRA premiums for Kelly's wife (~$1,119.96/month) through August 7, 2022.
Kelly granted a general release of claims; external search for new CFO has been initiated.
Kelly served as CFO since July 1997 and also as Secretary; will stay through transition and consult.

item 5.02 item 7.01 item 9.01

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Departed

William P. Kelly

Chief Financial Officer

BKTI · BK Technologies Corp

Filed: January 11, 2022, 6:59 PM ET

On January 11, 2022, BK Technologies Corporation (the “Company”) announced the upcoming retirement of its current Chief Financial Officer, William P. Kelly.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

William P. Kelly departed as Chief Financial Officer at BK Technologies Corp.

Action: retire
Role: Chief Financial Officer

Exact text from the filing

On January 11, 2022, BK Technologies Corporation (the “Company”) announced the upcoming retirement of its current Chief Financial Officer, William P. Kelly.

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Source: SEC EDGAR

accession 0001654954-22-000369

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