Omega Flex Appoints New CFO
Ticker: OFLX · Form: 8-K · Filed: Apr 9, 2024 · CIK: 1317945
| Field | Detail |
|---|---|
| Company | Omega Flex, Inc. (OFLX) |
| Form Type | 8-K |
| Filed Date | Apr 9, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-appointment, cfo
TL;DR
Omega Flex names Kevin Coleman as new CFO, starting now.
AI Summary
Omega Flex, Inc. announced on April 9, 2024, the appointment of Kevin R. Coleman as Chief Financial Officer, effective immediately. Coleman previously served as Vice President of Finance and Chief Accounting Officer for the company. He will receive an annual base salary of $275,000 and is eligible for the company's annual incentive plan.
Why It Matters
The appointment of a new CFO is a significant leadership change that can impact financial strategy and investor confidence.
Risk Assessment
Risk Level: low — This filing is a routine executive appointment and does not involve significant financial risk or operational changes.
Key Numbers
- $275,000 — Annual Base Salary (New CFO's compensation)
Key Players & Entities
- Omega Flex, Inc. (company) — Registrant
- Kevin R. Coleman (person) — Appointed Chief Financial Officer
FAQ
Who has been appointed as the new Chief Financial Officer of Omega Flex, Inc.?
Kevin R. Coleman has been appointed as the new Chief Financial Officer of Omega Flex, Inc.
When was the appointment of the new CFO effective?
The appointment of Kevin R. Coleman as Chief Financial Officer was effective immediately as of April 9, 2024.
What was Kevin R. Coleman's previous role at Omega Flex, Inc.?
Kevin R. Coleman previously served as Vice President of Finance and Chief Accounting Officer for Omega Flex, Inc.
What is the annual base salary for the new CFO?
The annual base salary for Kevin R. Coleman as Chief Financial Officer is $275,000.
Is the new CFO eligible for incentive plans?
Yes, Kevin R. Coleman is eligible for Omega Flex, Inc.'s annual incentive plan.
Filing Stats: 554 words · 2 min read · ~2 pages · Grade level 10 · Accepted 2024-04-09 15:00:44
Key Financial Figures
- $0.01 — ch registered Common Stock, par value $0.01 per share OFLX NASDAQ Global Market
Filing Documents
- form8-k.htm (8-K) — 36KB
- ex99-1.htm (EX-99.1) — 6KB
- 0001493152-24-014056.txt ( ) — 211KB
- oflx-20240409.xsd (EX-101.SCH) — 3KB
- oflx-20240409_lab.xml (EX-101.LAB) — 33KB
- oflx-20240409_pre.xml (EX-101.PRE) — 22KB
- form8-k_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Exchange Act, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. OMEGA FLEX, INC. Date: April 9, 2024 By: /s/ Dean W. Rivest Dean W. Rivest Chief Executive Officer