CreditRiskMonitor.com Files 8-K on Officer/Director Changes
Ticker: CRMZ · Form: 8-K · Filed: May 30, 2024 · CIK: 315958
Sentiment: neutral
Topics: corporate-governance, officer-changes, director-changes
TL;DR
CreditRiskMonitor.com (CRM) filed an 8-K detailing changes in officers and directors.
AI Summary
CreditRiskMonitor.com, Inc. filed an 8-K on May 30, 2024, reporting events as of May 23, 2024. The filing pertains to the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers. It also includes financial statements and exhibits.
Why It Matters
This filing indicates potential shifts in the company's leadership and governance structure, which could impact strategic direction and operational oversight.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of corporate governance changes and does not indicate immediate financial distress or significant operational disruption.
Key Players & Entities
- CreditRiskMonitor.com, Inc. (company) — Registrant
- Nevada (jurisdiction) — State of incorporation
- May 23, 2024 (date) — Earliest event reported date
- May 30, 2024 (date) — Date of report
FAQ
What specific officer or director positions were affected by the changes reported in the 8-K?
The filing indicates changes related to 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers,' but the specific names and roles are not detailed in the provided excerpt.
Are there any financial statements included with this 8-K filing?
Yes, the filing explicitly states 'Financial Statements and Exhibits' are included.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on May 23, 2024.
What is the principal executive office address for CreditRiskMonitor.com, Inc.?
The principal executive offices are located at 704 Executive Boulevard, Valley Cottage, NY 10989.
What is the SIC code for CreditRiskMonitor.com, Inc.?
The Standard Industrial Classification (SIC) code for CreditRiskMonitor.com, Inc. is 7320, which falls under SERVICES-CONSUMER CREDIT REPORTING, COLLECTION AGENCIES.
Filing Stats: 601 words · 2 min read · ~2 pages · Grade level 10 · Accepted 2024-05-30 17:05:32
Key Financial Figures
- $200,000 — 20 to 2024. Her annual salary as CFO is $200,000 and she shall be eligible for bonus and
- $185,000 — management. His annual salary as CAO is $185,000 and he shall be eligible for bonus and
Filing Documents
- ef20030316_8k.htm (8-K) — 29KB
- ef20030316_ex99-1.htm (EX-99.1) — 12KB
- 0001140361-24-028159.txt ( ) — 178KB
- crmz-20240523.xsd (EX-101.SCH) — 4KB
- crmz-20240523_lab.xml (EX-101.LAB) — 21KB
- crmz-20240523_pre.xml (EX-101.PRE) — 16KB
- ef20030316_8k_htm.xml (XML) — 4KB
02
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (b) On May 23, 2024 CreditRiskMonitor.com, Inc. ("Company") announced that it has appointed Jennifer Gerold as the Company's Chief Financial Officer ("CFO") and David Reiner as the Company's Chief Accounting Officer ("CAO"). Ms. Gerold, age 51, served the Company from February 2024 to May 2024 as the Company's Chief Monetization Officer. From 2016 to 2024 she worked in the Strategy and Transactions group at Ernst & Young U.S. LLP ("EY"). At EY she served as a Senior Manager from 2016 to 2020 and as Managing Director from 2020 to 2024. Her annual salary as CFO is $200,000 and she shall be eligible for bonus and equity awards in connection with year-end reviews. Mr. Reiner, age 54, has served as the Company's Vice President, Corporate Controller since 2020. From 2013 to 2020 Mr. Reiner served the Company as Controller. Mr. Reiner has been responsible for all Accounting, Human Resources and Facilities Management for the Company. He has over 25 years of progressively increasing experience in accounting, finance, information technology and facilities management. His annual salary as CAO is $185,000 and he shall be eligible for bonus and equity awards in connection with year-end reviews. Ms. Gerold replaces Steven Gargano who served the Company as CFO since 2020.
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit No . Description 99.1 Press Release dated May 30, 2024 104 Cover Page Interactive Data File (embedded with Inline XBRL document) SIGNATURE 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. CREDITRISKMONITOR.COM, INC. Date: May 30, 2024 By: /s/ Michael I. Flum Michael I. Flum Chief Executive Officer