Executive Summary
This digest covers 36 filings from August 31, 2026, focused on US executive and director changes. A dominant theme is the acceleration of CEO succession plans, with several companies (Metallus, Greenbrier, Innventure) moving forward planned transitions, often promoting internal candidates.
The filings reveal a notable uptick in insider-led investments and compensation restructurings, particularly at smaller-cap companies like Zedge and Waste Energy, which signal both conviction and potential dilution risks. A significant cluster of CFO changes (Teladoc, Charter, Expion360, RCM Technologies) and a boardroom crisis at Energy & Water Development Corp highlight governance and operational instability. While many transitions are orderly, the lack of successor naming at Herbalife and the sudden medical leave of Albany International's CFO introduce near-term uncertainty. Overall, the data points to a period of active leadership refreshment, with a mix of strategic appointments and defensive cost-cutting measures, such as TELA Bio's 18% expense reduction, indicating a focus on cash preservation and operational efficiency.
Materiality, sentiment, and priority are scored by Gunpowder’s analysis pipeline. How we score filings →
Filing types in this digest: 8-K
Tracking the trend? Catch up on the prior US Executive Officer Management Changes SEC digest from August 21, 2026.
Investment Signals (12)
- Zedge, Inc. ↓ (BULLISH)▲
Insider-led $7.5M investment by Vice Chairman, new CEO appointed to accelerate DataSeeds.AI, Q3 FY2026 FCF up 55% YoY to $1.2M, $19.7M cash with no debt
- Coherent Corp. ↓ (BULLISH)▲
CEO granted $50M performance-based PSUs tied to 10%-25% CAGR stock price hurdles, reflecting management's confidence in sustained high growth; company delivered over 300% TSR since June 2024
- Sweetgreen, Inc. ↓ (BULLISH)▲
New severance plan with enhanced change-in-control benefits (1.5x salary for CEO) suggests board is proactively managing retention risk ahead of potential M&A or strategic shift
- TELA Bio, Inc. ↓ (BULLISH)▲
Announced $17M annual cost savings (18% reduction) through 20% headcount cut, extending cash runway into 2028; signals aggressive path to profitability
- Primoris Services Corp ↓ (BULLISH)▲
Appointed two highly experienced energy executives (ex-Oncor COO, Western Midstream CEO) to board, broadening strategic expertise for sustainable growth
- Metallus Inc. ↓ (BULLISH)▲
Planned CEO succession with internal promotion of COO Kristopher Westbrooks, ensuring continuity; outgoing CEO to remain as advisor through June 2027
- Greenbrier Companies ↓ (BULLISH)▲
Long-planned CEO succession with internal promotion of Brian Comstock (45+ years industry experience), signaling stability and deep bench strength
- Choice Hotels International ↓ (BULLISH)▲
Appointed interim CEO Dominic Dragisich permanently after comprehensive search, indicating board confidence in his strategic direction
- Coffee Holding Co., Inc. ↓ (BULLISH)▲
Restored CEO salary to $450K from $80K, eliminating a $1.6M incentive bonus; this reduces long-term compensation liability while stabilizing leadership
- Innventure, Inc. ↓ (BULLISH)▲
Accelerated CEO succession and launched CFO search amid shareholder concerns; board restructuring with independent chairman signals improved governance
- Rapid7, Inc. ↓ (BULLISH)▲
Four directors resigned, two new directors appointed including a former U.S. Army Cyber Command General; board refreshment could bring fresh strategic oversight
- Waste Energy Corp. ↓ (BEARISH)▲
CEO consulting agreement and stock conversion at $0.005/share, combined with proposal to quadruple authorized shares to 1.6B, signals extreme dilution risk for existing shareholders
Risk Flags (10)
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Chairman resigned alleging unlawful activities and breaches of fiduciary duty by CEO; company disputes claims, but governance deadlock and lack of director compensation until $1M capitalization raise serious red flags
- Herbalife Ltd./CEO Vacancy↓ [HIGH RISK]▼
CEO Stephan Gratziani departs October 31, 2026, with no successor named; leadership vacuum at a company facing regulatory and competitive pressures creates uncertainty
- Albany International Corp./CFO Medical Leave↓ [HIGH RISK]▼
CFO Willard Station on immediate medical leave for undetermined duration; Controller appointed as acting principal financial officer, introducing operational risk during a critical period
- Charter Communications/CFO Departure [MEDIUM RISK]▼
CFO Jessica Fischer departs October 15, 2026, for another opportunity; interim CFO appointed, but loss of a key executive with 10-year tenure introduces near-term execution risk
- Waste Energy Corp./Massive Dilution↓ [HIGH RISK]▼
Proposal to increase authorized shares from 400M to 1.6B (4x), combined with stock conversions at $0.005/share, could severely dilute existing shareholders with no cash proceeds
- TELA Bio, Inc./Execution Risk↓ [MEDIUM RISK]▼
COO/CFO departure concurrent with 20% headcount reduction and $1.5M restructuring charge; cost-cutting may disrupt operations and growth initiatives
- Expion360 Inc./Business Model Pivot↓ [MEDIUM RISK]▼
New CFO appointed as company pivots to oil and gas exploration alongside existing lithium battery business; no financial results disclosed, raising questions about current business health and strategic focus
- Innventure, Inc./Financial Distress↓ [HIGH RISK]▼
Company evaluating funding alternatives and strategic alternatives for AeroFlexx business; cash requirements and potential dilution signal financial challenges
- Lifeward Ltd./Leadership Gap↓ [MEDIUM RISK]▼
CEO departs August 31, CFO departs September 30, with interim CFO to be named; multiple leadership vacancies create operational instability
- Civista Bancshares, Inc./Succession Risk↓ [LOW RISK]▼
Long-time CEO retires after 40+ years; while planned, transition of institutional knowledge and relationships could impact performance
Opportunities (10)
- Coherent Corp./Performance-Based PSUs↓ (OPPORTUNITY)◆
CEO's $50M PSU award tied to 10%-25% CAGR stock price hurdles; if achieved, implies significant upside from current levels; company has delivered over 300% TSR since June 2024
- Zedge, Inc./DataSeeds.AI Growth↓ (OPPORTUNITY)◆
Insider-led $7.5M investment, new CEO with AI focus, first six-figure order from leading tech company, and first model evaluation deal; FCF up 55% YoY with no debt
- TELA Bio, Inc./Cost Restructuring↓ (OPPORTUNITY)◆
$17M annual savings (18% reduction) extends cash runway into 2028; if executed well, could drive margin expansion and path to profitability
- Sweetgreen, Inc./Severance Plan Catalyst↓ (OPPORTUNITY)◆
Enhanced change-in-control benefits for executives could signal potential M&A or strategic partnership; Tier I participants receive 1.5x salary plus full equity acceleration
- Primoris Services Corp/Board Expertise↓ (OPPORTUNITY)◆
Appointment of ex-Oncor EVP and Western Midstream CEO brings deep energy infrastructure expertise; positions company for growth in power and midstream sectors
- Metallus Inc./Internal Succession↓ (OPPORTUNITY)◆
Promotion of COO Westbrooks (former P&G, PwC) ensures leadership continuity; outgoing CEO as advisor through June 2027 provides smooth transition
- Greenbrier Companies/Stable Succession↓ (OPPORTUNITY)◆
Long-planned CEO transition with internal promotion of Brian Comstock (45+ years experience); deep industry knowledge and continuity likely to maintain strategic momentum
- Choice Hotels International/CEO Appointment↓ (OPPORTUNITY)◆
Permanent appointment of Dominic Dragisich after interim period; his experience as CFO and Chief Growth Officer suggests balanced financial and strategic leadership
- Rapid7, Inc./Board Refreshment↓ (OPPORTUNITY)◆
Appointment of retired U.S. Army Cyber Command General brings top-tier cybersecurity expertise; new independent director could enhance strategic oversight in a rapidly evolving sector
- UPS/New Operating Model (OPPORTUNITY)◆
Executive changes and new global operating model effective September 1, 2026, following successful Amazon volume glide-down; focus on profitable growth could drive margin improvement
Sector Themes (6)
- CEO Succession Acceleration◆
Multiple companies (Metallus, Greenbrier, Innventure, Choice Hotels) are executing planned CEO successions, often promoting internal candidates. This trend suggests boards are proactively managing leadership transitions to ensure continuity and strategic alignment.
- CFO Turnover Cluster◆
A notable cluster of CFO changes at Teladoc, Charter Communications, Expion360, RCM Technologies, and Inno Holdings signals a broader reshuffling of financial leadership. This could indicate companies are seeking fresh financial expertise to navigate uncertain economic conditions or pivot strategies.
- Insider-Led Investments and Dilution Risks◆
Several smaller-cap companies (Zedge, Waste Energy) are using insider investments and stock conversions to raise capital, often with significant dilution. While insider conviction is a positive signal, the dilution terms (e.g., 90% warrant coverage at Zedge, 4x share increase at Waste Energy) require careful scrutiny.
- Cost-Cutting and Cash Preservation◆
Companies like TELA Bio (18% cost reduction, 20% headcount cut) and Innventure (reducing parent-level spending) are aggressively cutting costs to extend cash runways. This defensive posture suggests a cautious outlook on near-term revenue growth and a focus on profitability.
- Board Refreshment with Strategic Expertise◆
Primoris Services (energy infrastructure), Rapid7 (cybersecurity), and Align Technology (iRhythm CEO) are appointing directors with deep industry expertise. This trend indicates boards are prioritizing domain-specific knowledge to guide strategic pivots and growth initiatives.
- Governance and Stability Concerns◆
The boardroom crisis at Energy & Water Development Corp and the sudden medical leave at Albany International highlight governance and operational risks. These events underscore the importance of robust succession planning and board independence.
Watch List (8)
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CEO departs October 31, 2026, with no successor named; watch for announcement of new CEO and any strategic shifts [Date: October 31, 2026]
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CFO on indefinite medical leave; monitor for updates on his return or permanent replacement, and any impact on financial reporting [Date: Ongoing]
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Chairman's allegations of unlawful activities; watch for independent investigation results, potential shareholder lawsuits, or further board changes [Date: Ongoing]
- Charter Communications/CFO Transition👁
CFO departs October 15, 2026; monitor for permanent CFO appointment and any changes to financial outlook or capital allocation policy [Date: October 15, 2026]
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Proposal to quadruple authorized shares; watch for stockholder meeting date and outcome, which will determine dilution magnitude [Date: TBD]
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Company launched CFO search and evaluating strategic alternatives for AeroFlexx; watch for announcements on funding, potential asset sales, or restructuring [Date: Ongoing]
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Company to provide additional details on cost reduction initiative during Q3 earnings call in early November; watch for margin improvement and cash runway updates [Date: Early November 2026]
- UPS/New Operating Model👁
New global operating model effective September 1, 2026; monitor for impact on revenue growth, margins, and competitive positioning in the logistics sector [Date: September 1, 2026]
Filing Analyses
(36)
31-08-2026
iSpecimen Inc. announced the departure of CEO Katharyn Field and the immediate appointment of Shahin Behroyan as her successor, effective August 26, 2026. Mr. Behroyan will serve as an independent contractor through his personal corporation, receiving an annual fee of $350,000 with a severance provision of $67,500. The transition was not due to any disagreement with the company, and Ms. Field will remain in an advisory capacity.
- · Ms. Field's departure was not due to any disagreement with the company.
- · Ms. Field will continue to support the company in an internal advisory and consulting capacity.
- · Mr. Behroyan, age 39, is a Vancouver-based entrepreneur with experience in investments, consumer packaged goods, healthcare, wellness, politics, and market research.
- · Mr. Behroyan holds a Bachelor of Arts from Simon Fraser University.
- · Mr. Behroyan will serve as an independent contractor and is not eligible for employee benefits.
- · The Contractor Agreement may be terminated by the Board at any time, with or without notice, and with or without cause.
- · There are no family relationships between Mr. Behroyan and any director or executive officer of the company.
31-08-2026
Lifeward Ltd. (LFWD) announced the departure of President and CEO Mark Grant effective August 31, 2026, with no cash severance, and appointed Josh Hexter as Interim CEO effective September 1, 2026. The company also appointed Rami Aviram as CFO effective November 1, 2026, succeeding Almog Adar who departs September 30, 2026. The leadership changes come amid a transition period with an interim CFO to be named for the gap.
- · Mark Grant's departure is not due to any disagreement with the company.
- · Grant's outstanding equity awards will cease vesting and unvested awards forfeited as of August 31, 2026.
- · Josh Hexter currently serves as COO and Business Officer of Oramed, the controlling shareholder, and will reduce his Oramed responsibilities to approximately 5% of current.
- · Rami Aviram most recently served as CFO of Beewise Technologies from August 2024 to October 2026.
- · The company will appoint an interim principal financial officer for the period between Almog Adar's departure (Sept 30, 2026) and Aviram's start (Nov 1, 2026).
- · Both Hexter and Aviram employment agreements include 60-day notice periods and standard non-compete/non-solicitation provisions.
31-08-2026
Herbalife Ltd. announced that CEO Stephan Gratziani will transition from his role effective October 31, 2026. The filing does not disclose a successor or provide any financial details, leaving the leadership transition as the sole material event.
- · CEO transition effective October 31, 2026
- · No successor named in the filing
- · Filing made under Item 5.02 (Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers)
31-08-2026
Zedge announced a $7.5 million insider investment led by Vice Chairman Howard Jonas and the appointment of Morris Berger as CEO effective October 1, 2026, to accelerate its DataSeeds.AI business. The company reported Q3 FY2026 free cash flow of $1.2 million, up 55% YoY, and $19.7 million in cash with no debt. However, the company suspended its share repurchase program, and the investment includes 90% warrant coverage with a five-year term, potentially dilutive to shareholders.
- · Morris Berger previously served as CEO of Zedge early in its history and was CEO of IDT Entertainment when it was formed in 2003.
- · DataSeeds fulfilled its first six-figure order in fiscal 2026 from a leading global technology company.
- · DataSeeds recently signed its first deal for model evaluations.
- · The investment is expected to close within 10 days of the announcement.
- · Warrants will not be exercisable until stockholder approval and six months from issuance.
- · The company will not pay investment banking or placement agent fees for the investment.
- · The company suspended purchases under its existing share repurchase program but intends to continue paying its quarterly cash dividend.
- · Zedge is evaluating expansion into egocentric data (narrated and annotated first-person video).
31-08-2026
Waste Energy Corp. entered into a three-year executive consulting agreement with 221 Cap, LLC, controlled by CEO Scott Gallagher, effective September 1, 2026, with an annual fee of $240,000 and a one-time restricted stock award of 15,000,000 shares. The board also approved conversion of $67,500 in accrued compensation into 13,500,000 shares at $0.005 per share for Gallagher and director McBride. Additionally, the company is seeking stockholder approval to quadruple authorized shares from 400,000,000 to 1,600,000,000, which would significantly dilute existing shareholders. No cash proceeds are received from the conversions, and the company has no registered securities or exchange listing.
- · The company has no securities registered under Section 12(b) of the Exchange Act and no trading symbol.
- · The restricted stock award to 221 Cap vests in three equal tranches on September 1, 2026, 2027, and 2028.
- · Upon termination without cause or for good reason, 221 Cap receives 12 months of the then-current annual fee and immediate vesting of all unvested shares.
- · The company filed a preliminary consent solicitation statement on Schedule 14A on August 28, 2026, which contained an error regarding McBride's conversion amount (corrected from $27,500/5,500,000 shares to $30,000/6,000,000 shares).
- · The agreement is governed by Florida law with binding arbitration in Hillsborough County, Florida.
31-08-2026
Sweetgreen, Inc. adopted a new Severance Plan effective August 27, 2026, covering its executive officers. CEO Jonathan Neman and Chief Concept Officer Nicolas Jammet are designated as Tier I participants (1.5x salary on change-in-control termination), while CFO Jamie McConnell and COO Jason Cochran are Tier II participants (1x salary). The plan provides enhanced severance benefits, including lump-sum payments, COBRA premium coverage, and accelerated equity vesting, with more generous terms during a change-in-control period. No financial impact or performance metrics were disclosed.
- · The Severance Plan was approved by the Compensation Committee and independent directors on August 27, 2026.
- · Tier I participants (Neman, Jammet) receive 1.5x salary + pro-rata bonus + 18 months COBRA + full accelerated vesting on change-in-control termination.
- · Tier II participants (McConnell, Cochran) receive 1x salary + pro-rata bonus + 12 months COBRA + full accelerated vesting on change-in-control termination.
- · Outside a change-in-control period, Tier I gets 1x salary + pro-rata bonus + 12 months COBRA; Tier II gets 0.5x salary + pro-rata bonus + 6 months COBRA.
- · The plan supersedes severance provisions in existing employment agreements unless otherwise stated in a participation agreement.
31-08-2026
TELA Bio announced the departure of COO/CFO Roberto Cuca and a strategic cost reduction initiative targeting $17.0 million in annual operating expense savings (18% reduction) through a 20% headcount reduction and streamlining of external resources. The company expects a one-time restructuring charge of approximately $1.5 million in Q3 2026 and aims to extend cash runway into 2028. While the cost cuts signal a focus on efficiency and long-term sustainability, the leadership transition and workforce reduction introduce execution risk.
- · Roberto Cuca served as COO/CFO for five years and stepped down effective August 31, 2026.
- · Cost reduction initiative was based on a comprehensive business review conducted over the last month.
- · The company expects to provide additional details on the cost reduction during its Q3 2026 earnings call in early November.
- · The company aims to extend cash runway into 2028 through these savings.
31-08-2026
QT Imaging Holdings, Inc. granted 484,221 restricted stock units (RSUs) to CEO Dr. Raluca Dinu under the company's 2024 Amended and Restated Equity Incentive Plan. The RSUs vest in a staggered schedule beginning November 15, 2026, with full vesting by February 15, 2030, contingent on Dr. Dinu's continued service. This grant aligns executive compensation with long-term shareholder interests.
- · The RSU grant was approved by the Board on August 28, 2026, upon recommendation of the Compensation Committee.
- · Vesting schedule: 3/16th vest on November 15, 2026; remaining 13/16th vest in 13 equal quarterly installments on each subsequent February 15, May 15, August 15, and November 15.
- · Full vesting date is February 15, 2030, subject to Dr. Dinu's continued service.
31-08-2026
Align Technology appointed Quentin Blackford, President and CEO of iRhythm Technologies, to its Board of Directors effective immediately. Andrea L. Saia will retire on September 23, 2026 after 13 years of service. The Board increased its size to 11 directors to accommodate Blackford and will return to 10 directors upon Saia's departure.
- · Quentin Blackford is a Certified Public Accountant (inactive) and holds dual Bachelor of Science degrees in Accounting and Business Administration from Grace College.
- · Andrea Saia will retire effective September 23, 2026.
- · The board size increased from 10 to 11 directors with Blackford's appointment, and will return to 10 after Saia's retirement.
- · Blackford will be included in the slate of director nominees for Align's 2027 Annual Meeting of Shareholders.
31-08-2026
Scott Metzger resigned from the Board of Directors and the Compensation Committee of VSee Health, Inc., effective August 27, 2026. The resignation was not due to any disagreement with the company regarding its operations, policies, or practices.
- · Scott Metzger also resigned from the Compensation Committee of the Board.
- · The resignation was effective immediately on August 27, 2026.
- · The filing was signed by CEO Imoigele Aisiku on August 31, 2026.
31-08-2026
Grove Collaborative Holdings, Inc. announced the resignation of director Naytri Shroff Sramek from its Board, effective August 27, 2026, with no disagreements cited. Concurrently, the Board appointed Jason Karp, founder and CEO of HumanCo and co-founder of Hu Chocolate, as a Class III independent director. The Board also reduced the size of its Sustainability, Nominating and Governance Committee from three to two directors and appointed John Replogle to the Audit Committee to replace Ms. Sramek.
- · Jason Karp's term as Class III director expires at the 2028 annual meeting.
- · Mr. Karp will enter into the Company's standard form of indemnification agreement and will not receive compensation for his Board service.
- · There are no transactions involving Mr. Karp requiring disclosure under Item 404(a) of Regulation S-K.
31-08-2026
Primoris Services Corporation announced the appointments of James A. Greer and Oscar K. Brown to its Board of Directors, effective October 1, 2026, increasing the board size to ten members. Greer brings over 40 years of energy delivery experience, most recently as EVP and COO of Oncor Electric; Brown is CEO of Western Midstream Partners and has over 25 years of energy industry leadership. The appointments broaden the board's strategic perspective and support Primoris' pursuit of sustainable growth and long-term shareholder value.
- · James A. Greer served as EVP and COO of Oncor Electric from October 2011 until his retirement in 2025, and previously as SVP, Asset Management and Engineering from 2007 to 2011.
- · Oscar K. Brown has served as President and CEO of Western Midstream Partners since October 2024, and has been a member of its board since August 2019, including as Chair of the Sustainability Committee from February 2021 to October 2024.
- · The appointments are effective October 1, 2026, and the board size increases from nine to ten members.
31-08-2026
UPS announced executive leadership changes and a new global operating model effective September 1, 2026. Kate Gutmann, EVP and President of International, Healthcare and Supply Chain Solutions, will retire for personal family reasons after nearly 37 years, and will be succeeded by Wilfredo Ramos. The company is evolving from an international to a global enterprise with a new operating model, appointing Nando Cesarone as Chief Global Operations Officer and Matt Guffey as Chief U.S. Domestic Officer, while also creating a new Chief Global Commercial Strategy Officer role. The changes follow the successful completion of Amazon volume glide-down and network reconfiguration initiatives in June 2026, with a focus on accelerating profitable growth.
- · Kate Gutmann will serve as a strategic advisor through March 2027 after her retirement as EVP on September 1, 2026.
- · Wilfredo Ramos currently leads UPS's Asia Pacific and Brokerage businesses and has over 20 years with the company.
- · The new global operating model aims to standardize critical operational processes across geographies while maintaining local market flexibility.
- · Nando Cesarone will oversee global air network and gateways, surface transportation, building and engineering, Intelligent Network of the Future, automotive operations, and sustainability.
- · Matt Guffey will be responsible for U.S. businesses including Small Package, Roadie, Happy Returns, The UPS Stores, and Mail Innovations.
- · A search is underway for the new EVP and Chief Global Commercial Strategy Officer.
- · The executive leadership team will consist of eight executives reporting directly to the CEO effective September 1, 2026.
31-08-2026
Teladoc Health appointed Michael Grasher as CFO effective August 31, 2026. Grasher brings over 30 years of financial leadership experience, including CFO roles at IFG Companies, Fortegra, and AMERISAFE, as well as a decade in equity research. The appointment supports Teladoc's strategy of disciplined, sustainable growth, but no financial metrics or prior-period comparisons were provided in the filing.
- · Michael Grasher most recently served as CFO of IFG Companies, a privately held property-casualty insurance organization.
- · Previously, Grasher was CFO and EVP at Fortegra, a global specialty insurer, and CFO and EVP at AMERISAFE, a publicly traded workers' compensation insurer.
- · Before corporate finance, Grasher spent over a decade in equity research as a Managing Director at Piper Jaffray (now Piper Sandler).
- · The appointment is effective immediately as of August 31, 2026.
31-08-2026
Charter Communications announced that CFO Jessica Fischer will step down on October 15, 2026, to pursue another professional opportunity, and named Kevin Howard (EVP, Chief Accounting Officer & Controller) as interim CFO effective the same date. The company has not changed its financial outlook or policy. While the leadership transition is orderly, the departure of a key executive introduces near-term uncertainty.
- · Jessica Fischer has been with Charter for nearly 10 years and served as CFO since 2021.
- · Kevin Howard previously served as Charter's interim CFO in 2010.
- · Howard has led financial integration of major acquisitions including Time Warner Cable, Bright House Networks, and Cox Communications.
- · Charter's services are available to more than 70 million homes and businesses across 45 states.
- · The company has not changed any previously provided financial outlook or financial policy.
31-08-2026
Metallus Inc. announced the planned retirement of CEO Michael Williams effective December 31, 2026, with President and COO Kristopher Westbrooks appointed as his successor effective January 1, 2027. Williams will remain as a special advisor through June 30, 2027. The company reported 2025 sales of $1.2 billion and employs approximately 1,905 people, but no period-over-period financial comparisons were provided in this filing.
- · Williams will serve as special advisor to CEO and board until June 30, 2027.
- · Westbrooks joined Metallus in 2018 and previously held senior finance roles at A. Schulman, Procter & Gamble, and began his career at PwC.
- · Metallus serves industrial, automotive, aerospace & defense, and energy end-markets.
- · The company has been in business for over 100 years.
31-08-2026
On August 25, 2026, the Compensation Committee of Americold Realty Trust approved an amended Executive Severance Benefits Plan that increases severance multiples and COBRA coverage for top executives during a Change in Control Period. The plan raises the cash severance multiple for Executive Vice Presidents and Presidents from 1.5x to 2.0x of base salary plus target bonus, and extends COBRA coverage from 18 to 30 months for the CEO and from 12 to 24 months for EVPs and Presidents. The changes apply only to qualifying terminations on or within 24 months following a Change in Control; other material terms remain unchanged.
- · The A&R Plan was approved by the Compensation Committee on August 25, 2026 and became effective immediately.
- · The cash severance multiple for Executive Vice President and President increased from 1.5x to 2.0x of base salary plus target bonus during a Change in Control Period.
- · CEO COBRA coverage extended from 18 to 30 months; EVP/President COBRA coverage extended from 12 to 24 months during a Change in Control Period.
- · No changes were made to severance benefits outside a Change in Control Period.
31-08-2026
Invesco Ltd. announced the retirement of Andrew Lo, Senior Managing Director and Head of Asia Pacific, effective March 31, 2027, after 32 years with the firm. Marty Franc will succeed him as Senior Managing Director and Head of Asia Pacific, transitioning into the role during Q1 2027. Lo will remain as Chairman Emeritus, Asia Pacific, to provide strategic counsel and maintain partnerships. The leadership change is part of a planned succession, with no financial metrics or performance data disclosed.
- · Andrew Lo will serve as Chairman Emeritus, Asia Pacific, after retirement, continuing on boards of Invesco's China and India joint ventures.
- · Marty Franc will be based in Hong Kong and has previously overseen Australia, Greater China, Southeast Asian markets, and Institutional client strategy.
- · The transition is planned for Q1 2027, with Lo and Franc working together to ensure a seamless handover.
31-08-2026
Westlake Chemical Partners LP announced the appointment of Tommy E. Darby as Vice President, Chief Accounting Officer of its general partner, effective August 31, 2026. Mr. Darby, a CPA with experience at Pactiv Evergreen, Valaris, and Deloitte, succeeds Jeffrey A. Holy, who transitions to Vice President, Finance and Investor Relations. The filing contains no financial data or performance metrics.
- · Tommy E. Darby, age 45, holds a Bachelor of Science in Accounting and a Master of Science in Auditing and Financial Accounting from the University of North Texas and is a Certified Public Accountant.
- · Mr. Darby previously served as Vice President and Chief Accounting Officer of Pactiv Evergreen Inc. from August 2022 to April 2025, and earlier as Vice President and Controller.
- · From March 2008 to May 2020, Mr. Darby held various leadership roles at Valaris plc in external reporting, financial systems and internal audit, later serving as Vice President and Controller and Vice President, Finance.
- · Mr. Darby began his career in audit and assurance at Deloitte LLP.
- · There are no family relationships between Mr. Darby and any director or executive officer of the General Partner, and no transactions requiring disclosure under Item 404(a) of Regulation S-K.
- · Jeffrey A. Holy transitions from Vice President, Chief Accounting Officer to Vice President, Finance and Investor Relations effective concurrently with Mr. Darby's appointment.
31-08-2026
Westlake Corporation appointed Tommy E. Darby as Vice President and Chief Accounting Officer, effective August 31, 2026, succeeding Jeffrey A. Holy who transitions to Vice President, Finance and Investor Relations. Mr. Darby brings experience from Pactiv Evergreen Inc. and Valaris plc, and will receive an annual salary of $440,000 with various incentive plans and a sign-on RSU award of $135,000.
- · Mr. Darby is a Certified Public Accountant with a B.S. in Accounting and M.S. in Auditing and Financial Accounting from the University of North Texas.
- · The sign-on RSUs fully vest on August 31, 2029, contingent on continuous full-time employment.
- · No family relationships or transactions requiring disclosure under Item 404(a) exist between Mr. Darby and the company.
31-08-2026
Inno Holdings Inc. announced the resignation of Director and CFO Mengshu Shao effective August 25, 2026, with no disagreement cited. The board appointed Junsheng Chen as a Director and Mei Wang as Interim CFO, both effective the same date. The company also entered into indemnification agreements with the new officers.
- · Junsheng Chen, age 48, has been Vice President of ApexVest since June 2026 and holds a Bachelor of Engineering from Guangdong University of Technology (2003).
- · Mei Wang, age 48, has over 20 years of accounting experience and holds an Associate Degree in Accounting from Shenzhen University (2009).
- · Indemnification agreements were entered into with both new officers on August 26, 2026, covering liabilities under Texas law.
- · No family relationships or related party transactions were disclosed for either new appointee.
31-08-2026
On August 28, 2026, Dr. Allen R. Jones, Jr. notified Primis Financial Corp. and Primis Bank of his resignation as a director, effective August 31, 2026. His departure was not due to any dispute or disagreement with the company. The board size will be reduced from eleven to ten directors.
- · Dr. Jones was a member of the Enterprise Risk Committee and will also resign from that committee.
- · The resignation was not the result of any dispute or disagreement with the Company or its Board.
31-08-2026
Coffee Holding Co., Inc. (JVA) amended the employment agreement of President and CEO Andrew Gordon on August 29, 2026, restoring his base salary to $450,000 per annum effective February 1, 2026, reversing a prior reduction to $80,000. The amendment also eliminates a $1.6 million incentive bonus that would have been payable if Mr. Gordon remained employed until January 1, 2030. A make-whole payment for the retroactive salary difference will be made as soon as practicable.
- · The amendment was authorized by the compensation committee on August 29, 2026, and executed on August 31, 2026.
- · The make-whole payment covers the salary difference from February 1, 2026 through the execution date.
- · The eliminated incentive bonus was originally $1.6 million under Amendment No. 1.
31-08-2026
Deep Isolation Nuclear, Inc. disclosed compensation changes for its CEO and two other officers in an 8-K filing. CEO Rodney Baltzer's annual base salary was increased from $340,000 to $425,000 and his target bonus raised from 35% to 75% of base salary, effective February 1, 2026. However, the compensation changes for Chief Commercial Officer Chris Parker and EVP Engineering Jesse Sloane were approved retroactively on August 25, 2026, with one-time bonus payments to cover the difference for July and August, indicating a delayed administrative process.
- · The compensation changes for Parker and Sloane were approved by the Board on August 25, 2026, with a retroactive effective date of July 1, 2026.
- · One-time bonus payments were made to Parker (£69,000) and Sloane ($48,462) to cover the compensation difference for July and August pay periods.
- · The filing is an 8-K under Item 5.02, filed on August 31, 2026, for an event date of February 23, 2026.
31-08-2026
Kohl's announced the appointment of Ryan M. Waymire as Chief Merchandising Officer, effective September 28, 2026, succeeding Nick Jones. Waymire brings 25 years of retail experience from Walmart, Amazon, and Target, and will oversee all merchandising functions. The leadership transition is part of Kohl's strategy to modernize its product offering, though no financial impact was disclosed.
- · Waymire most recently served as SVP of Fashion at Walmart U.S.
- · Waymire has an MBA from Saint Louis University.
- · Nick Jones had been Chief Merchandising Officer since 2023.
- · Kohl's operates more than 1,100 stores in 49 states.
31-08-2026
Choice Hotels International has appointed Dominic Dragisich as President and CEO, effective August 31, 2026, after he served as Interim CEO since May 2026. Dragisich, a nearly 10-year veteran of the company with roles including CFO and Chief Growth Officer, was selected following a comprehensive search that considered both internal and external candidates. The filing highlights his leadership in advancing strategic priorities and fostering a performance-driven culture, but provides no financial metrics or performance comparisons.
- · Dragisich has served as Interim CEO since May 20, 2026.
- · He has held roles including CFO, EVP of Operations and Chief Global Brand Officer, and Chief Growth and Strategy Officer.
- · Prior to Choice Hotels, he was CFO at XO Communications, where he returned the company to top-line growth and increased profitability.
- · Earlier career includes senior finance and operational positions at Marriott International, NII Holdings, and Deloitte Consulting.
- · The Board conducted a comprehensive search evaluating a strong slate of internal and external candidates.
- · Choice Hotels has over 7,500 hotels, more than 650,000 rooms, in 49 countries and territories, with a portfolio of 22 brands.
31-08-2026
Coherent Corp. granted special performance stock unit (PSU) awards to key executives, including CEO James R. Anderson ($50M target), CFO Sherri Luther ($15M), CTO Julie Eng ($15M), Chief Strategy Officer Rob Beard ($15M), and Chief Supply Chain Officer Jeffrey Place ($5M). The awards are 100% performance-based, vesting only if both absolute stock price hurdles (10%-25% CAGR, requiring a 60-day average stock price of $454.43 to $757.77) and a relative TSR above the 50th percentile of the S&P Composite 1500 – Electronic Equipment, Instruments & Components Index are met simultaneously. While the company has delivered over 300% total shareholder returns since June 2024 and record FY2026 revenue, the awards are designed to retain leadership through a high-growth phase, with no vesting until the end of the four-year performance period and an additional one-year holding period, meaning recipients cannot trade shares until 2031.
- · The PSU awards are not part of Coherent's regular compensation program and were approved by the Compensation and Human Capital Committee on August 27, 2026.
- · Stock price hurdles are based on a 60-consecutive-calendar-day average, and no interpolation between hurdles applies except in a change-in-control event.
- · In a change-in-control, the performance period ends, milestone achievement is measured using per-share consideration with linear interpolation, and the holding period is eliminated.
- · Voluntary termination (other than in connection with a qualifying change-in-control) or termination for cause results in full forfeiture of the award.
- · The company's stock is currently trading near all-time highs with significant volatility, which the Committee considered when setting the milestones.
31-08-2026
Expion360 Inc. (now Expion Energy) appointed Robert Winspear as CFO effective August 25, 2026, succeeding Shawna Bowin, who will stay through October 2026 for transition. Winspear brings over 30 years of public company and capital markets experience, including leading M&A transactions valued over $1.5B and capital raises over $500M. The company is pivoting to an oil and gas exploration platform alongside its existing lithium battery business, but the filing contains no financial results or performance metrics to assess current business health.
- · Company changed name from Expion360 Inc. to Expion Energy, Inc. to reflect expanded strategy
- · Winspear's employment agreement includes base salary and annual cash incentive bonus eligibility
- · RSU and option awards vest 25% on first anniversary, then 12 equal quarterly installments
- · Winspear served as CFO of Blackboxstocks through its $1B merger with REalloys (ALOY)
- · Outgoing CFO Shawna Bowin will assist transition through end of October 2026
- · No financial results, revenue, or operational metrics disclosed in this filing
31-08-2026
Innventure, Inc. announced board leadership changes including the appointment of Bruce Brown as independent Chairman, Catriona Fallon as Audit Committee Chair, and the acceleration of Dr. William Grieco's CEO succession to September 1, 2026. The company also launched a search for a new CFO and disclosed ongoing strategic actions such as reducing parent-level spending, evaluating funding alternatives, and assessing strategic alternatives for the AeroFlexx business. These changes follow shareholder concerns and aim to strengthen independent oversight, but the company faces significant financial challenges including cash requirements and potential dilution.
- · Bruce Brown was unanimously elected Board Chairman on August 27, 2026.
- · Suzanne Niemeyer resigned from the Board effective August 31, 2026, reducing board size to eight directors.
- · The CEO transition was accelerated from October 1, 2026 to September 1, 2026.
- · The company is conducting an ongoing search for a new CFO.
- · The Board is pursuing recruitment of additional independent directors, a process that began in early 2026.
- · All Board standing committees are comprised entirely of independent directors.
31-08-2026
Albany International Corp. announced on August 31, 2026 that CFO Willard Station is taking an immediate medical leave of absence for an undetermined duration. Controller and Chief Accounting Officer Sean Valashinas has been appointed as acting principal financial officer, with no changes to his compensation. The company issued a press release regarding the transition.
- · Sean Valashinas, age 55, has served as Controller and Chief Accounting Officer since June 9, 2025.
- · Prior to Albany, Valashinas was VP of Accounting, Treasury, and Tax at Resonetics, and previously VP, Chief Accounting Officer & Assistant Treasurer at Standex International Corporation (2007-2024).
- · Valashinas is a CPA with an Accounting degree from the University of Scranton and an MBA from Boston University.
- · There are no familial relationships or related party transactions requiring disclosure.
- · The duration of Station's leave has not been determined.
31-08-2026
Energy & Water Development Corp (EAWD) disclosed a boardroom crisis in an 8-K filing. Chairman Ralph Max Hofmeier resigned on August 26, 2026, citing disagreements with the CEO over operations, policies, and practices, and alleging unlawful activities and breaches of fiduciary duty. The company disputes the allegations. The board was subsequently reconstituted: Dale Johnson III was appointed on August 27, Luis R. Vera Morales was appointed on August 29, and Irma Velazquez Diaz was elected Chair, consolidating her roles as President and CEO. No director compensation will be paid until the company completes a Qualified Capitalization of at least $1,000,000.
- · Mr. Hofmeier's resignation letter alleged ongoing unlawful and misleading activities and breaches of fiduciary duties by the CEO, and asserted a Board deadlock prevented investigation or corrective action.
- · The company disagrees with the allegations and states they have not been established by independent investigation, Board determination, or adjudication.
- · Mr. Hofmeier did not resign from his separate position as Chief Technology Officer.
- · Dale Johnson III and Luis R. Vera Morales will not receive any director compensation until the company completes a Qualified Capitalization of at least $1,000,000 in unrestricted gross cash proceeds.
- · No securities were granted in connection with either new director's appointment.
- · The Board increased its authorized size from two to three directors on August 28, 2026.
31-08-2026
The Buckle, Inc. announced the resignation of Director Angie J. Klein, effective August 30, 2026, due to obligations related to her new professional role. Ms. Klein had served on the Board since December 2019, contributing to corporate social responsibility and governance efforts. The company expressed gratitude for her service, and no replacement or other board changes were announced.
- · Angie J. Klein served on the Board since December 2019, nearly seven years.
- · Resignation effective August 30, 2026.
- · No successor or interim director was named in the filing.
31-08-2026
Rapid7 announced the resignation of four directors (Michael Burns, Benjamin Holzman, Thomas Schodorf, Reeny Sondhi) effective August 27, 2026, with no disagreement with the company, and the appointment of two new directors (Maria Barrett and Julian Waits) effective September 1, 2026. The board size was fixed at nine, and J. Benjamin Nye was appointed Lead Independent Director. The resigning directors received cash compensation through June 30, 2027 and accelerated vesting of equity awards as an exception to the company's Non-Employee Director Compensation Policy.
- · Resigning directors will receive cash compensation through June 30, 2027 and accelerated vesting of unvested Initial and Annual Awards, as an exception to the Non-Employee Director Compensation Policy.
- · Maria Barrett is a retired Lieutenant General of the U.S. Army and former Commanding General of the U.S. Army Cyber Command (Nov 2018 - Dec 2025).
- · Julian Waits has been Chief Experience Officer since September 2025 and will transition to a non-executive role until December 31, 2026, receiving a transition payment of six months' base salary.
- · Board committees effective September 1, 2026: Audit (Kalowski chair, Bruner, Barrett), Compensation (Galligan chair, Brown, Nye), Nominating & Corporate Governance (Brown chair, Bruner, Kalowski, Barrett).
- · Mr. Waits will not be eligible for director compensation under the Policy until the 2027 Annual Meeting of Stockholders.
31-08-2026
RCM Technologies, Inc. granted performance stock units (PSUs) to Executive Chairman and President Bradley S. Vizi, with a maximum of 125,000 PSUs tied 50% to EBITDA targets and 50% to individual performance goals over a performance period from January 4, 2026 to January 2, 2027. Additionally, restricted stock units (RSUs) were granted to CFO Kevin D. Miller (8,362 RSUs) and Division President Michael Saks (4,000 RSUs), vesting on the fifth anniversary. The grants are part of the company's 2014 Omnibus Equity Compensation Plan and include accelerated vesting provisions for change in control, death, or disability.
- · Performance period for PSUs: January 4, 2026 to January 2, 2027
- · PSU vesting is accelerated upon a Change in Control, death, or disability
- · RSUs vest in one installment on the fifth anniversary of the grant date (August 13, 2031)
- · RSU vesting is accelerated if employment terminates due to death, disability, or covered termination following a change in control
31-08-2026
Greenbrier Companies (GBX) announced CEO Lorie Tekorius will retire effective January 6, 2027, with Brian Comstock, EVP & President of The Americas, immediately succeeding her as President and CEO. The transition, part of a long-planned succession, reflects Tekorius's decision to step down after more than 30 years at Greenbrier and follows the company's 2026 Annual Meeting. No financial impacts or performance metrics were provided in the filing.
- · Tekorius will not stand for re-election as a Class III director at the 2027 Annual Meeting.
- · Comstock has more than 45 years of railroad industry experience, including nearly three decades at Greenbrier.
- · Comstock serves on multiple affiliate boards including Greenbrier Europe's Supervisory Board and Columbia Machine's board.
- · The press release includes forward-looking statements regarding leadership transition, continuity, and future growth.
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