---
schema_version: "secwatch.filing_event.v1"
accession: "0001903596-23-000096"
form_type: "8-K"
ticker: "XPON"
cik: "0001894954"
company_name: "Expion360 Inc."
filed_at: "2023-02-01T23:59:59+00:00"
generated_at: "2026-06-20T04:12:50.005046+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001903596-23-000096
- form_type: 8-K
- ticker: XPON
- cik: 0001894954
- company_name: Expion360 Inc.
- filed_at: 2023-02-01T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1894954/000190359623000096/0001903596-23-000096-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1894954/000190359623000096/xpon_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001903596-23-000096
- JSON: https://secwatch.observer/filing/0001903596-23-000096.json
- Plain text: https://secwatch.observer/filing/0001903596-23-000096.txt

## Key facts
- Executive change
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1894954/000190359623000096/0001903596-23-000096-index.htm
- Executive change
  David Hendrickson was elected as Chairman of the Board at Expion360 Inc..
  - Action: elected
  - Role: Chairman of the Board
  source text: David Hendrickson, a non-executive director, has been elected as the new Chairman of the Company’s Board of Directors.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1894954/000190359623000096/0001903596-23-000096-index.htm
- Executive change
  Brian Schaffner changed role as Chief Executive Officer at Expion360 Inc..
  - Action: promoted
  - Role: Chief Executive Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1894954/000190359623000096/0001903596-23-000096-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.