leadership
confidence high
sentiment negative
materiality 0.75
Vivakor CFO Tyler Nelson resigns effective immediately citing disagreements; Kimberly Hawley appointed as CFO
Vivakor, Inc.
- Tyler Nelson resigned as CFO and Board member effective July 19, 2025, citing disagreements over financial reporting, authorization policies, and internal control weaknesses.
- Kimberly Hawley appointed EVP, CFO, Treasurer effective July 24, 2025; annual salary $350,000 plus performance bonus.
- Nelson alleged 'good reason' resignation citing breach of employment agreement and promissory note; company says allegations under review.
- Hawley previously CFO of Empire Diversified Energy, secured over $120M in debt financing; CPA.
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