ENGlobal appoints Chairman William A. Coskey as CEO, restructures director compensation amid financial position

ENGLOBAL CORP

William A. Coskey, already Chairman, appointed CEO effective July 12, 2023.
Each director granted 228,571 restricted shares valued at $80,000 ($0.35/share) vesting quarterly through June 30, 2024.
Directors' annual cash retainer of $30,000 replaced with restricted stock grants due to company's current financial position.

item 5.02

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Appointed

William A. Coskey

Chief Executive Officer

ENGLOBAL CORP

Effective: 2023-07-12
Filed: July 17, 2023, 7:59 PM ET

On July 12, 2023, the Board of Directors (the “Board”) of ENGlobal Corporation (the “Company”) appointed William A. Coskey as the Company’s Chief Executive Officer.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

William A. Coskey was appointed as Chief Executive Officer at ENGLOBAL CORP.

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

On July 12, 2023, the Board of Directors (the “Board”) of ENGlobal Corporation (the “Company”) appointed William A. Coskey as the Company’s Chief Executive Officer.

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Source: SEC EDGAR

accession 0001654954-23-009227

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