---
schema_version: "secwatch.filing_event.v1"
accession: "0001663577-23-000153"
form_type: "8-K"
ticker: "BBLR"
cik: "0001873722"
company_name: "Bubblr Inc."
filed_at: "2023-04-06T23:59:59+00:00"
generated_at: "2026-06-17T05:26:33.048033+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Bubblr appoints Timothy Burks as CEO, Stephen Morris as CTO and Chair, effective April 1, 2023

## Summary
- Stephen Morris resigned as interim CEO, appointed CTO and Chair; Timothy Burks named CEO and board member.
- Burks receives $240k salary (increasing to $600k upon $5M capital raise) and option for 4.8M shares at $0.17.
- Morris receives $180k salary (increasing to $450k upon $5M capital raise) and option for 3.36M shares at $0.187, fully vested.
- CFO David Chetwood gets amended agreement: $180k salary (increasing to $450k) and option for 3.36M shares.
- All executives have two-year non-solicit and six-month severance after 90 days.

## SEC filing metadata
- accession: 0001663577-23-000153
- form_type: 8-K
- ticker: BBLR
- cik: 0001873722
- company_name: Bubblr Inc.
- filed_at: 2023-04-06T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1873722/000166357723000153/0001663577-23-000153-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1873722/000166357723000153/bblr8k040623.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001663577-23-000153
- JSON: https://secwatch.observer/filing/0001663577-23-000153.json
- Plain text: https://secwatch.observer/filing/0001663577-23-000153.txt

## Key facts
- Executive change
  Timothy Burks was appointed as member of the Board of Directors at Bubblr Inc..
  - Action: appointed
  - Role: member of the Board of Directors
  source text: We have appointed Mr. Burks as a member of our Board of Directors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1873722/000166357723000153/0001663577-23-000153-index.htm
- Executive change
  Stephen Morris was appointed as Chair at Bubblr Inc..
  - Action: appointed
  - Role: Chair
  source text: On April 1, 2023, we appointed Stephen Morris as Chief Technical Officer and Chair
  evidence_url: https://www.sec.gov/Archives/edgar/data/1873722/000166357723000153/0001663577-23-000153-index.htm
- Executive change
  Stephen Morris was appointed as Chief Technical Officer at Bubblr Inc..
  - Action: appointed
  - Role: Chief Technical Officer
  source text: On April 1, 2023, we appointed Stephen Morris as Chief Technical Officer and Chair
  evidence_url: https://www.sec.gov/Archives/edgar/data/1873722/000166357723000153/0001663577-23-000153-index.htm
- Executive change
  Timothy Burks was appointed as Chief Executive Officer at Bubblr Inc..
  - Action: appointed
  - Role: Chief Executive Officer
  source text: and Timothy Burks as Chief Executive Officer of our company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1873722/000166357723000153/0001663577-23-000153-index.htm
- Executive change
  Stephen Morris resigned as interim Chief Executive Officer at Bubblr Inc..
  - Action: resigned
  - Role: interim Chief Executive Officer
  source text: Effective April 1, 2023, Stephen Morris resigned as our interim Chief Executive Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1873722/000166357723000153/0001663577-23-000153-index.htm

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