Beam Global Adjusts Executive Compensation and Appoints New CFO
Ticker: BEEM · Form: 8-K · Filed: Oct 7, 2024 · CIK: 1398805
| Field | Detail |
|---|---|
| Company | Beam Global (BEEM) |
| Form Type | 8-K |
| Filed Date | Oct 7, 2024 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-compensation, cfo-appointment, personnel-change
TL;DR
Beam Global shakes up exec pay & names new CFO, effective Oct 1st.
AI Summary
Beam Global announced on October 1, 2024, a change in its executive compensation structure. The company has appointed a new Chief Financial Officer, Mr. Robert L. Barthel, and has also adjusted the compensation packages for its key officers. These changes are effective as of October 1, 2024, and are detailed in the filing.
Why It Matters
Changes in executive compensation and leadership can signal shifts in company strategy or financial health, impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in executive compensation and the appointment of a new CFO can introduce uncertainty regarding future financial strategy and operational stability.
Key Players & Entities
- Beam Global (company) — Registrant
- Robert L. Barthel (person) — Newly appointed Chief Financial Officer
- October 1, 2024 (date) — Effective date of changes
FAQ
Who has been appointed as the new Chief Financial Officer of Beam Global?
Mr. Robert L. Barthel has been appointed as the new Chief Financial Officer of Beam Global.
What is the effective date for the changes reported in this 8-K filing?
The effective date for the changes reported in this 8-K filing is October 1, 2024.
What type of changes are being reported by Beam Global in this filing?
Beam Global is reporting changes related to the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers.
What was Beam Global's former company name?
Beam Global's former company name was Envision Solar International, Inc. (prior to that, Casita Enterprises, Inc.).
In which state was Beam Global incorporated?
Beam Global was incorporated in Nevada.
Filing Stats: 431 words · 2 min read · ~1 pages · Grade level 11.9 · Accepted 2024-10-07 17:08:18
Filing Documents
- beam_8k.htm (8-K) — 23KB
- 0001683168-24-006983.txt ( ) — 192KB
- beem-20241001.xsd (EX-101.SCH) — 3KB
- beem-20241001_lab.xml (EX-101.LAB) — 33KB
- beem-20241001_pre.xml (EX-101.PRE) — 24KB
- beam_8k_htm.xml (XML) — 3KB
02
Item 5.02. Departure of Directors of Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On October 1, 2024, Beam Global (the "Company") was informed by Sandra Peterson, the Company's Vice President of Sales and Marketing, that she will resign from her position effective December 31, 2024, for personal reasons. Ms. Peterson's resignation was not the result of any disagreement between Ms. Peterson and the Company on any matter relating to the Company's operations, policies or practices. 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BEAM GLOBAL Dated: October 7, 2024 By: /s/ Lisa A. Potok Name: Lisa A. Potok Title: Chief Financial Officer 3