Twin Vee reappoints CEO Joseph Visconti as President, filling vacancy left by Zimmer's Nov. resignation

Twin Vee PowerCats, Co.

Joseph Visconti appointed President effective Jan. 22, 2025; already serves as CEO and Board Chair.
Appointment follows resignation of former President Karl Zimmer on Nov. 30, 2024.
Visconti previously held President role until July 2024 and has been CEO since 2015.
No change to existing employment agreement: base salary $500K, target bonus 120% of base.
Visconti's compensation and equity awards remain as previously disclosed; no family relationships.

item 5.02

Executive movements

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Departed

Karl Zimmer

President

VEEE · Twin Vee PowerCats, Co.

Effective: 2024-11-30
Successor: Joseph Visconti
Filed: January 23, 2025, 6:59 PM ET

This appointment is in connection with the resignation of Karl Zimmer on November 30, 2024.

Appointed

Joseph Visconti

President

VEEE · Twin Vee PowerCats, Co.

Effective: 2025-01-22
Filed: January 23, 2025, 6:59 PM ET

On January 22, 2025, the Board of Directors (the “Board”) of Twin Vee PowerCats Co. (the ‘Company”) appointed Joseph Visconti to serve as President of the Company, effective immediately.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Karl Zimmer resigned as President at Twin Vee PowerCats, Co..

Action: resigned
Role: President

Exact text from the filing

This appointment is in connection with the resignation of Karl Zimmer on November 30, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Joseph Visconti was appointed as President at Twin Vee PowerCats, Co..

Action: appointed
Role: President

Exact text from the filing

On January 22, 2025, the Board of Directors (the “Board”) of Twin Vee PowerCats Co. (the ‘Company”) appointed Joseph Visconti to serve as President of the Company, effective immediately.

View on SEC.gov

Twin Vee PowerCats, Co. filing history →

Source: SEC EDGAR

accession 0001731122-25-000118

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