Crexendo Appoints New CFO, Steven Glinberg
Ticker: CXDO · Form: 8-K · Filed: Aug 5, 2024 · CIK: 1075736
| Field | Detail |
|---|---|
| Company | Crexendo, Inc. (CXDO) |
| Form Type | 8-K |
| Filed Date | Aug 5, 2024 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-change, cfo-appointment, personnel
Related Tickers: CXDO
TL;DR
Crexendo names Steven Glinberg new CFO, replacing Hutton. Glinberg gets $275k base salary.
AI Summary
On August 1, 2024, Crexendo, Inc. announced the appointment of Steven M. Glinberg as its new Chief Financial Officer. Mr. Glinberg, who previously served as the company's Chief Accounting Officer, will receive an annual base salary of $275,000. The company also announced the departure of its previous CFO, Douglas L. Hutton, effective August 1, 2024.
Why It Matters
The appointment of a new CFO can signal a shift in financial strategy or stability for the company. Investors will be watching to see how Glinberg's leadership impacts Crexendo's financial performance.
Risk Assessment
Risk Level: medium — Changes in key executive positions like CFO can introduce uncertainty regarding future financial strategy and performance.
Key Numbers
- $275,000 — Annual Base Salary (For new CFO Steven M. Glinberg)
Key Players & Entities
- Crexendo, Inc. (company) — Registrant
- Steven M. Glinberg (person) — Newly appointed Chief Financial Officer
- $275,000 (dollar_amount) — Steven M. Glinberg's annual base salary
- August 1, 2024 (date) — Effective date of appointment and departure
- Douglas L. Hutton (person) — Departing Chief Financial Officer
FAQ
Who has been appointed as the new Chief Financial Officer of Crexendo, Inc.?
Steven M. Glinberg has been appointed as the new Chief Financial Officer of Crexendo, Inc.
What is Steven M. Glinberg's annual base salary?
Steven M. Glinberg's annual base salary is $275,000.
When did the change in CFO become effective?
The change in CFO became effective on August 1, 2024.
Who is the previous Chief Financial Officer that is departing?
Douglas L. Hutton is the previous Chief Financial Officer who is departing.
What was Steven M. Glinberg's previous role at Crexendo?
Steven M. Glinberg previously served as the company's Chief Accounting Officer.
Filing Stats: 384 words · 2 min read · ~1 pages · Grade level 10.1 · Accepted 2024-08-05 16:28:48
Filing Documents
- cxdo_8k.htm (8-K) — 19KB
- cxdo_ex991.htm (EX-99.1) — 4KB
- cxdo_ex991img3.jpg (GRAPHIC) — 2KB
- 0001654954-24-009948.txt ( ) — 138KB
- cxdo-20240801.xsd (EX-101.SCH) — 6KB
- cxdo-20240801_lab.xml (EX-101.LAB) — 13KB
- cxdo-20240801_cal.xml (EX-101.CAL) — 1KB
- cxdo-20240801_pre.xml (EX-101.PRE) — 8KB
- cxdo-20240801_def.xml (EX-101.DEF) — 2KB
- cxdo_8k_htm.xml (XML) — 3KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. Exhibits. 99.1 Director resignation letter dated August 1, 2024, of Anand Buch. 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. Dated: August 5, 2024 Crexendo, Inc. /s/ Ronald Vincent By: Ronald Vincent Chief Financial Officer . 3