Expion360 replaces CEO John Yozamp with CFO Brian Schaffner; multiple C-suite changes

Expion360 Inc.

John Yozamp transitions from CEO to Co-Founder and Chief Business Development Officer; base salary cut from $330K to $283.2K.
Brian Schaffner promoted from CFO to CEO; base salary jumps from $120K to $270.4K.
Paul Shoun promoted to Co-Founder, President and COO; base salary increased from $260K to $270.4K.
Greg Aydelott promoted from Chief Accounting Officer to CFO; base salary rises from $108K to $180K.
David Hendrickson elected as new Chairman of the Board.

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

John Yozamp

Co-Founder and Chief Business Development Officer

XPON · Expion360 Inc.

Effective: 2023-01-25
Successor: Brian Schaffner
Filed: February 1, 2023, 6:59 PM ET

John Yozamp and Expion360 Inc. (the “Company”) agreed that, effective January 25, 2023, he ceased to be the Company’s Chief Executive Officer and Chairman of the Company’s Board of Directors and a member of the Company’s Board of Directors, and assumed the position of the Company’s Co-Founder and Chief Business Development Officer.

Appointed

David Hendrickson

Chairman of the Board

XPON · Expion360 Inc.

Filed: February 1, 2023, 6:59 PM ET

David Hendrickson, a non-executive director, has been elected as the new Chairman of the Company’s Board of Directors.

Role change

Brian Schaffner

Chief Executive Officer

XPON · Expion360 Inc.

Effective: 2023-01-26
Filed: February 1, 2023, 6:59 PM ET

On January 26, 2023 the Company promoted Brian Schaffner from the position of Chief Financial Officer of the Company to Chief Executive Officer of the Company.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

John Yozamp changed role as Co-Founder and Chief Business Development Officer at Expion360 Inc..

Action: assumed
Role: Co-Founder and Chief Business Development Officer

Exact text from the filing

John Yozamp and Expion360 Inc. (the “Company”) agreed that, effective January 25, 2023, he ceased to be the Company’s Chief Executive Officer and Chairman of the Company’s Board of Directors and a member of the Company’s Board of Directors, and assumed the position of the Company’s Co-Founder and Chief Business Development Officer.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.9

David Hendrickson was elected as Chairman of the Board at Expion360 Inc..

Action: elected
Role: Chairman of the Board

Exact text from the filing

David Hendrickson, a non-executive director, has been elected as the new Chairman of the Company’s Board of Directors.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Brian Schaffner changed role as Chief Executive Officer at Expion360 Inc..

Action: promoted
Role: Chief Executive Officer

Exact text from the filing

On January 26, 2023 the Company promoted Brian Schaffner from the position of Chief Financial Officer of the Company to Chief Executive Officer of the Company.

View on SEC.gov

Expion360 Inc. filing history →

Source: SEC EDGAR

accession 0001903596-23-000096

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