AFC Gamma names Brandon Hetzel CFO, Brett Kaufman to depart April 17

Advanced Flower Capital Inc.

Brett Kaufman's employment as CFO/Treasurer terminates effective April 17, 2023; severance includes 12 months base salary, target bonus, COBRA, and accelerated vesting.
Brandon Hetzel appointed CFO/Treasurer, effective March 17, 2023; previously EVP, Controller since December 2022.
Hetzel's employment agreement: $250k base salary, target bonuses $75k (2023) and $112.5k (2024), and equity grants.
Transition described as part of 'rightsizing the accounting team' per press release.

item 5.02 item 7.01 item 9.01

Executive movements

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Appointed

Brandon Hetzel

Chief Financial Officer and Treasurer

AFCG · Advanced Flower Capital Inc.

Effective: 2023-03-17
Filed: March 20, 2023, 7:59 PM ET

On March 17, 2023, the Company’s Board of Directors (the “Board”) appointed Brandon Hetzel as the Chief Financial Officer and Treasurer of the Company, effective on such date

Departed

Brett Kaufman

Chief Financial Officer and Treasurer

AFCG · Advanced Flower Capital Inc.

Effective: 2023-04-17
Successor: Brandon Hetzel
Filed: March 20, 2023, 7:59 PM ET

Brett Kaufman’s employment as the Chief Financial Officer and Treasurer of AFC Gamma, Inc. (the “Company”) will terminate effective April 17, 2023

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Brandon Hetzel was appointed as Chief Financial Officer and Treasurer at Advanced Flower Capital Inc..

Action: appointed
Role: Chief Financial Officer and Treasurer

Exact text from the filing

On March 17, 2023, the Company’s Board of Directors (the “Board”) appointed Brandon Hetzel as the Chief Financial Officer and Treasurer of the Company, effective on such date

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Brett Kaufman was terminated as Chief Financial Officer and Treasurer at Advanced Flower Capital Inc..

Action: terminated
Role: Chief Financial Officer and Treasurer

Exact text from the filing

Brett Kaufman’s employment as the Chief Financial Officer and Treasurer of AFC Gamma, Inc. (the “Company”) will terminate effective April 17, 2023

View on SEC.gov

Advanced Flower Capital Inc. filing history →

Source: SEC EDGAR

accession 0001829126-23-002149

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