leadership
confidence high
sentiment neutral
materiality 0.60
CFO Keith Marchiando resigns; William Sullivan appointed Interim CFO
Zivo Bioscience, Inc.
- Keith Marchiando resigns as CFO effective Dec 31, 2025; receives $27,040/mo through Dec 31, 2026.
- Marchiando retains option for 150,000 shares at $7.96, exercisable until June 30, 2027; all other options cancelled.
- William A. Sullivan appointed Interim CFO effective Dec 19, 2025 as independent contractor at $285/hour.
- Sullivan's contract is initially 60 days, auto-renewing monthly; no other compensation or equity.
- Marchiando's separation includes confidentiality and non-disparagement obligations.