Mark Wyllie resigns as CEO of Flagship unit and EVP; Data Storage disputes 'good reason' claim

Data Storage Corp

Mark Wyllie resigned as CEO of Flagship Solutions and EVP of Data Storage, effective Oct 28, 2022.
Company disputes Wyllie's claim that resignation was for 'good reason' under May 2021 employment agreement.
Wyllie also removed from Board at Company's request; departure not due to policy disagreement.
No replacement named for Wyllie's roles at subsidiary or corporate level.

item 5.02 item 9.01

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Departed

Mark Wyllie

Chief Executive Officer of Flagship Solutions, LLC and Executive Vice President of the Company

DTST · Data Storage Corp

Effective: 2022-10-28
Filed: November 3, 2022, 7:59 PM ET

On October 28, 2022, Data Storage Corporation (the “Company”) received notice from Mark Wyllie of his resignation (“Resignation”) from his position as Chief Executive Officer of Flagship Solutions, LLC (“Flagship”), a wholly-owned subsidiary of the Company, for “Good Reason”

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Mark Wyllie resigned as Chief Executive Officer of Flagship Solutions, LLC and Executive Vice President of the Company at Data Storage Corp.

Action: resigned
Role: Chief Executive Officer of Flagship Solutions, LLC and Executive Vice President of the Company

Exact text from the filing

On October 28, 2022, Data Storage Corporation (the “Company”) received notice from Mark Wyllie of his resignation (“Resignation”) from his position as Chief Executive Officer of Flagship Solutions, LLC (“Flagship”), a wholly-owned subsidiary of the Company, for “Good Reason”

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Source: SEC EDGAR

accession 0001731122-22-001841

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