HF Foods appoints Cindy Yao as permanent CFO effective May 1, 2024

HF Foods Group Inc.

Cindy Yao named CFO; succeeds interim CFO Felix Lin, who remains President & COO.
Offer letter includes $375k base salary, annual target bonus up to 100% of base.
Equity grants equal to 100% of base salary; prorated cash bonus for FY2024.
Relocation expenses up to $150k plus 12 months corporate housing provided.
Severance: 6 months base before 18 months service; thereafter under Severance Plan.

item 5.02 item 7.01 item 9.01

Executive movements

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Appointed

Cong (Cindy) Yao

Chief Financial Officer

HFFG · HF Foods Group Inc.

Effective: 2024-05-01
Filed: April 25, 2024, 7:59 PM ET

Effective May 1, 2024, Cindy Yao will be appointed as HF Foods Group Inc.’s (the “Company”) permanent Chief Financial Officer.

Role change

Felix Lin

Interim Chief Financial Officer

HFFG · HF Foods Group Inc.

Effective: 2024-05-01
Successor: Cong (Cindy) Yao
Filed: April 25, 2024, 7:59 PM ET

Mr. Lin will continue to hold this position until Ms. Yao’s appointment becomes effective and will continue to hold his position as the Company’s President & Chief Operating Officer after Ms. Yao’s appointment becomes effective.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Cong (Cindy) Yao was appointed as Chief Financial Officer at HF Foods Group Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

Effective May 1, 2024, Cindy Yao will be appointed as HF Foods Group Inc.’s (the “Company”) permanent Chief Financial Officer.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Felix Lin changed role as Interim Chief Financial Officer at HF Foods Group Inc..

Role: Interim Chief Financial Officer

Exact text from the filing

Mr. Lin will continue to hold this position until Ms. Yao’s appointment becomes effective and will continue to hold his position as the Company’s President & Chief Operating Officer after Ms. Yao’s appointment becomes effective.

View on SEC.gov

HF Foods Group Inc. filing history →

Source: SEC EDGAR

accession 0001680873-24-000022

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