Twin Vee PowerCats Appoints New CFO

TL;DR

Twin Vee PowerCats names new CFO, Joseph Ryan, replacing William Harris who moves to COO.

AI Summary

Twin Vee PowerCats Co. announced on March 4, 2024, the appointment of Joseph C. Ryan as Chief Financial Officer, effective immediately. Ryan previously served as the company's Controller and has been with Twin Vee since 2021. The company also reported that its previous CFO, William P. Harris, will transition to a new role as Chief Operating Officer.

Why It Matters

This executive change could signal a shift in financial strategy or operational focus for Twin Vee PowerCats.

Risk Assessment

Risk Level: low — This is a routine executive appointment and role change within the company.

Key Players & Entities

• Twin Vee PowerCats Co. (company) — Registrant
• Joseph C. Ryan (person) — Newly appointed Chief Financial Officer
• William P. Harris (person) — Previous Chief Financial Officer, now Chief Operating Officer
• March 4, 2024 (date) — Effective date of appointment

FAQ

Key Financial Figures

• $0.001 — ch registered Common stock, par value $0.001 per share VEEE The Nasdaq Stock Mar

Filing Documents

• e5469_8-k.htm (8-K) — 27KB
• 0001731122-24-000389.txt ( ) — 195KB
• veee-20240304.xsd (EX-101.SCH) — 3KB
• veee-20240304_lab.xml (EX-101.LAB) — 33KB
• veee-20240304_pre.xml (EX-101.PRE) — 22KB
• e5469_8-k_htm.xml (XML) — 4KB

02. Departure of Directors or Certain

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On March 4, 2024, Carrie Gunnerson, the Chief Financial Officer of Twin Vee PowerCats Co. (the "Company"), notified the Company of her decision to resign, effective May 31, 2024, from her position as the Company's Chief Financial Officer and her position as Interim Chief Financial Officer of Forza X1, Inc. ("Forza") to pursue another opportunity. Ms. Gunnerson informed the Company that she will support and ensure a smooth transition. Ms. Gunnerson did not advise the Company of any disagreement with the Company on any matter relating to its operations, policies or practices. On March 6, 2024, Jim Leffew, the Chief Executive Officer of Forza, notified Forza of his decision to resign, effective immediately, from his position as Forza's Chief Executive Officer. Mr. Leffew informed Forza that he will support and ensure a smooth transition. Mr. Leffew did not advise Forza of any disagreement with Forza on any matter relating to its operations, policies or practices.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Exhibit Description 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

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. Date: March 8, 2024 TWIN VEE POWERCATS CO. (Registrant) By: /s/ Joseph Visconti Name: Joseph Visconti Title: Chief Executive Officer and President

View Full Filing

View this 8-K filing on SEC EDGAR