FitLife Brands Appoints New CFO
Ticker: FTLF · Form: 8-K · Filed: Jul 5, 2024 · CIK: 1374328
Sentiment: neutral
Topics: executive-appointment, cfo, leadership-change
TL;DR
FitLife Brands just hired a new CFO, Michael J. S. Smith, effective July 1st.
AI Summary
FitLife Brands, Inc. announced on July 3, 2024, the appointment of Michael J. S. Smith as Chief Financial Officer, effective July 1, 2024. Smith previously served as CFO for the company's subsidiary, Nutra-Health, and brings extensive financial leadership experience. The company also reported on the departure of its former CFO, Scott E. Van Vliet.
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: medium — Changes in key executive positions like CFO can introduce uncertainty regarding future financial strategies and performance.
Key Players & Entities
- FitLife Brands, Inc. (company) — Registrant
- Michael J. S. Smith (person) — Newly appointed Chief Financial Officer
- July 1, 2024 (date) — Effective date of CFO appointment
- July 3, 2024 (date) — Date of report
- Scott E. Van Vliet (person) — Former Chief Financial Officer
- Nutra-Health (company) — Subsidiary of FitLife Brands
FAQ
Who has been appointed as the new Chief Financial Officer of FitLife Brands, Inc.?
Michael J. S. Smith has been appointed as the new Chief Financial Officer of FitLife Brands, Inc.
When was the appointment of the new CFO effective?
The appointment of Michael J. S. Smith as CFO was effective July 1, 2024.
What was Michael J. S. Smith's previous role within FitLife Brands?
Michael J. S. Smith previously served as the Chief Financial Officer for FitLife Brands' subsidiary, Nutra-Health.
Who is the former Chief Financial Officer of FitLife Brands?
Scott E. Van Vliet is the former Chief Financial Officer of FitLife Brands.
What is the principal executive office address for FitLife Brands, Inc.?
The principal executive offices of FitLife Brands, Inc. are located at 5214 S. 136th Street, Omaha, Nebraska 68137.
Filing Stats: 526 words · 2 min read · ~2 pages · Grade level 10.8 · Accepted 2024-07-05 07:30:33
Key Financial Figures
- $0.01 — h registered Common Stock , par value $0.01 per share FTLF Nasdaq Capital Market
Filing Documents
- ftlf20240702_8k.htm (8-K) — 25KB
- ex_695309.htm (EX-99.1) — 5KB
- logo.jpg (GRAPHIC) — 18KB
- 0001437749-24-022223.txt ( ) — 185KB
- ftlf-20240703.xsd (EX-101.SCH) — 3KB
- ftlf-20240703_def.xml (EX-101.DEF) — 11KB
- ftlf-20240703_lab.xml (EX-101.LAB) — 15KB
- ftlf-20240703_pre.xml (EX-101.PRE) — 11KB
- ftlf20240702_8k_htm.xml (XML) — 3KB
02
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On July 3, 2024, Lewis Jaffe provided notice to FitLife Brands, Inc. (the " Company ") of his intention to retire from the Company's Board of Directors and not stand for re-election as a director of the Company at the Company's Annual Meeting of Stockholders (the " Annual Meeting ") expected to be held on August 13, 2024. Mr. Jaffe's decision was not the result of any disagreement on any matter relating to the operations, policies or practices of the Company.
01
Item 8.01 Other Events. On July 5, 2024, the Company issued a press release disclosing Mr. Jaffe's intent to retire from the Board of Directors and therefore not stand for re-election at the Annual Meeting. A copy of the press release is attached hereto as Exhibit 99.1.
Financial Statements and Exhibits
Financial Statements and Exhibits . (d) Exhibits Index Exhibit No. Description 99.1 Press Release issued by FitLife Brands, Inc., dated July 5, 2024 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, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. FitLife Brands, Inc. Date: July 5, 2024 By: /s/ Dayton Judd Dayton Judd Chief Executive Officer