{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-23-002836","form_type":"8-K","ticker":"CXDO","cik":"0001075736","company_name":"Crexendo, Inc.","filed_at":"2023-03-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:43.790242+00:00","generated_at":"2026-06-18T02:48:55.666322+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Crexendo appoints Jeffrey G. Korn as CEO; founder Steven Mihaylo becomes Executive Chairman","bullets":["Steven G. Mihaylo retires as CEO effective March 14, 2023; retains role as Executive Chairman.","Jeffrey G. Korn appointed CEO immediately; he is Crexendo's longest-standing employee (over 20 years).","Korn previously served as General Counsel, EVP, and Chief Legal Officer; no employment agreement yet.","No disagreement; Mihaylo receives no consideration for retirement and intends to retain his shares.","Transition is part of a long-term succession plan; Mihaylo will continue as Executive Chairman."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-23-002836","json":"https://secwatch.observer/filing/0001654954-23-002836.json","markdown":"https://secwatch.observer/filing/0001654954-23-002836.md","text":"https://secwatch.observer/filing/0001654954-23-002836.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1075736/000165495423002836/0001654954-23-002836-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1075736/000165495423002836/cxdo_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T02:48:55.666322+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"268a8ac713","claim":"Jeffrey G. Korn was appointed as Chief Executive Officer at Crexendo, Inc..","evidence_excerpt":"The Company also announced the appointment of Jeffrey G. Korn as Chief Executive Officer of the Company.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1075736/000165495423002836/0001654954-23-002836-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"bf52f21e4f","claim":"Steven G. Mihaylo retired as Executive Chairman at Crexendo, Inc..","evidence_excerpt":"On March 14, 2023, Crexendo, Inc. (the “ Company ”) announced the retirement of Steven G. Mihaylo as Chief Executive Officer. Mr. Mihaylo will retain his position as Executive Chairman of the Board of Directors.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1075736/000165495423002836/0001654954-23-002836-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retired"},{"label":"Role","value":"Executive Chairman"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}