Safe & Green Holdings Corp. Appoints New CEO and CFO
Ticker: OLOX · Form: 8-K · Filed: Jul 12, 2024 · CIK: 1023994
Sentiment: neutral
Topics: management-change, executive-appointment
TL;DR
New CEO & CFO appointed at Safe & Green Holdings Corp. effective July 9th.
AI Summary
On July 9, 2024, Safe & Green Holdings Corp. announced changes in its executive and director roles. The company appointed David J. Guzzetta as Chief Financial Officer and elected him to the Board of Directors. Additionally, the company appointed Michael J. DeMarco as Chief Executive Officer and elected him to the Board of Directors. These appointments are effective immediately.
Why It Matters
The appointment of a new CEO and CFO often signals a strategic shift or a new direction for the company, which could impact its future performance and stock value.
Risk Assessment
Risk Level: medium — Changes in key executive and board positions can introduce uncertainty and potential shifts in strategy, impacting the company's stability and future prospects.
Key Players & Entities
- Safe & Green Holdings Corp. (company) — Registrant
- David J. Guzzetta (person) — Appointed Chief Financial Officer and elected to the Board of Directors
- Michael J. DeMarco (person) — Appointed Chief Executive Officer and elected to the Board of Directors
- July 9, 2024 (date) — Effective date of appointments
FAQ
Who has been appointed as the new Chief Executive Officer of Safe & Green Holdings Corp.?
Michael J. DeMarco has been appointed as the new Chief Executive Officer of Safe & Green Holdings Corp.
What is the effective date of the new appointments at Safe & Green Holdings Corp.?
The appointments of the new CEO and CFO are effective immediately as of July 9, 2024.
Who has been appointed as the new Chief Financial Officer?
David J. Guzzetta has been appointed as the new Chief Financial Officer of Safe & Green Holdings Corp.
In addition to his CFO role, what other position has David J. Guzzetta taken?
David J. Guzzetta has also been elected to the Board of Directors of Safe & Green Holdings Corp.
What other role has Michael J. DeMarco assumed besides CEO?
Michael J. DeMarco has also been elected to the Board of Directors of Safe & Green Holdings Corp.
Filing Stats: 532 words · 2 min read · ~2 pages · Grade level 10.5 · Accepted 2024-07-12 11:45:18
Key Financial Figures
- $0.01 — ch Registered Common Stock, par value $0.01 SGBX The Nasdaq Stock Market LLC
- $350,000 — oved a 2023 annual performance bonus of $350,000 to be paid to Paul Galvin, the Company'
- $165,805.20 — performance bonus. The Shares represent $165,805.20 of Mr. Galvin's 2023 annual performance
Filing Documents
- ea0209352-8k_safegreen.htm (8-K) — 23KB
- 0001213900-24-060886.txt ( ) — 195KB
- sgbx-20240709.xsd (EX-101.SCH) — 3KB
- sgbx-20240709_lab.xml (EX-101.LAB) — 33KB
- sgbx-20240709_pre.xml (EX-101.PRE) — 22KB
- ea0209352-8k_safegreen_htm.xml (XML) — 4KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SAFE & GREEN HOLDINGS CORP. Dated: July 12, 2024 By: /s/ Patricia Kaelin Name: Paticia Kaelin Title: Chief Financial Officer 2