Energy Services of America Corp. Announces Executive and Director Changes
Ticker: ESOA · Form: 8-K · Filed: Sep 19, 2024 · CIK: 1357971
Sentiment: neutral
Topics: management-change, executive-compensation, board-of-directors
TL;DR
ESA changes up leadership and exec pay - board shakeup incoming.
AI Summary
Energy Services of America Corporation announced on September 18, 2024, changes in its board and executive team. Specifically, the company reported the departure of directors and certain officers, along with the election of new directors and the appointment of certain officers. The filing also details compensatory arrangements for these officers.
Why It Matters
Changes in leadership and executive compensation can signal shifts in company strategy or financial health, impacting investor confidence and stock performance.
Risk Assessment
Risk Level: medium — Significant changes in directors and officers, especially when coupled with compensatory arrangements, can indicate internal shifts that may carry unforeseen risks or opportunities.
Key Players & Entities
- Energy Services of America Corporation (company) — Registrant
- September 18, 2024 (date) — Date of earliest event reported
FAQ
What specific roles have been affected by the departure of directors or officers?
The filing indicates departures of directors and certain officers, but does not specify the exact roles affected in this summary.
Who are the newly elected directors?
The filing states that directors have been elected, but their names are not provided in this summary.
Which officers have been appointed?
The filing mentions the appointment of certain officers, but their identities are not specified in this summary.
What is the nature of the compensatory arrangements being disclosed?
The filing notes that compensatory arrangements of certain officers are being disclosed, but the specifics of these arrangements are not detailed in this summary.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on September 18, 2024.
Filing Stats: 392 words · 2 min read · ~1 pages · Grade level 11.6 · Accepted 2024-09-19 09:00:20
Key Financial Figures
- $0.0001 — ch registered Common Stock, Par Value $0.0001 ESOA The Nasdaq Stock Market LLC In
Filing Documents
- tm2424356d1_8k.htm (8-K) — 22KB
- 0001104659-24-101219.txt ( ) — 190KB
- esoa-20240918.xsd (EX-101.SCH) — 3KB
- esoa-20240918_lab.xml (EX-101.LAB) — 33KB
- esoa-20240918_pre.xml (EX-101.PRE) — 22KB
- tm2424356d1_8k_htm.xml (XML) — 3KB
02 Departure of Directors or Principal Officers
Item 5.02 Departure of Directors or Principal Officers On September 18, 2024, Mr. Samuel G. Kapourales resigned as a director of Energy Services of America Corporation effective immediately. This resignation did not involve any disagreement with management. 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. ENERGY SERVICES OF AMERICA CORPORATION DATE: September 19, 2024 By: /s/ Charles Crimmel Charles Crimmel Chief Financial Officer