Stephen Sheriff appointed COO of Kaival Brands; $225K salary, 158K share options

Kaival Brands Innovations Group, Inc.

Appointed COO and Investor Relations Officer effective August 22, 2023, succeeding Eric Mosser (promoted to CEO).
Previously served as Director of Administration & Communications; brings over 10 years experience.
Employment agreement: $225,000 base salary, potential annual bonus up to 30% of base beginning 2024.
Received option to purchase 158,000 shares at $0.44, vesting 25% on first anniversary then monthly over 4 years.
Severance: 2 months base salary if terminated without cause (6 months after one year of employment).

item 1.01 item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Eric Mosser

Chief Executive Officer

KAVL · Kaival Brands Innovations Group, Inc.

Filed: August 28, 2023, 7:59 PM ET

Mr. Sheriff succeeds Eric Mosser, who had served as the Company’s Chief Operating Officer prior to his recent promotion to Chief Executive Officer of the Company.

Appointed

Stephen Sheriff

Chief Operating Officer and Investor Relations Officer

KAVL · Kaival Brands Innovations Group, Inc.

Effective: 2023-08-22
Filed: August 28, 2023, 7:59 PM ET

appointed Stephen Sheriff as the Company’s Chief Operating Officer and Investor Relations Officer.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.75

Eric Mosser changed role as Chief Executive Officer at Kaival Brands Innovations Group, Inc..

Action: promoted
Role: Chief Executive Officer

Exact text from the filing

Mr. Sheriff succeeds Eric Mosser, who had served as the Company’s Chief Operating Officer prior to his recent promotion to Chief Executive Officer of the Company.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Stephen Sheriff was appointed as Chief Operating Officer and Investor Relations Officer at Kaival Brands Innovations Group, Inc..

Action: appointed
Role: Chief Operating Officer and Investor Relations Officer

Exact text from the filing

appointed Stephen Sheriff as the Company’s Chief Operating Officer and Investor Relations Officer.

View on SEC.gov

Kaival Brands Innovations Group, Inc. filing history →

Source: SEC EDGAR

accession 0001731122-23-001605

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