---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-24-015372"
form_type: "8-K"
ticker: "PED"
cik: "0001141197"
company_name: "PEDEVCO CORP"
filed_at: "2024-12-11T23:59:59+00:00"
generated_at: "2026-05-29T04:36:53.974669+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# PEDEVCO appoints Schick as CEO, Kukes becomes Exec Chairman; Crook named CCO

## Summary
- Dr. Simon G. Kukes steps down as CEO effective Jan 1, 2025, becomes Executive Chairman.
- J. Douglas Schick, current President, appointed CEO and to the board; base salary $350,000.
- Jody Crook hired as Chief Commercial Officer starting Jan 1, 2025; salary $280,000 plus bonuses.
- John Scelfo steps down as Chairman but remains independent director and committee chair.
- Company cites zero debt, $250M credit facility, and clean balance sheet as foundation for growth.

## SEC filing metadata
- accession: 0001654954-24-015372
- form_type: 8-K
- ticker: PED
- cik: 0001141197
- company_name: PEDEVCO CORP
- filed_at: 2024-12-11T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 5.2, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1141197/000165495424015372/0001654954-24-015372-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1141197/000165495424015372/ped_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-24-015372
- JSON: https://secwatch.observer/filing/0001654954-24-015372.json
- Plain text: https://secwatch.observer/filing/0001654954-24-015372.txt

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