Business Context and Reporting Period
This Form 8-K Current Report was filed by Greenwave Technology Solutions, Inc. on April 18, 2022. The filing addresses a material corporate governance event under Item 5.02 regarding the appointment of a new executive officer.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity metrics. This report focuses exclusively on personnel changes and does not contain financial statements or performance data.
Material Changes
The primary material change reported is the appointment of Howard H. Jordan as Chief Financial Officer (CFO), effective immediately on April 18, 2022. Mr. Jordan brings significant experience, including:
- Owner of CFO Partners, Inc. since May 2016.
- Former Controller for Roof Services (2016–2020), managing accounting for a subsidiary with approximately $35 million in sales.
- Former CFO for NSC Technologies, Inc. (2013–2016), where he helped grow annual revenues from approximately $20 million to $100 million.
Compensation and Management Commentary
Mr. Jordan will receive an annual base salary of $135,000. The filing does not include forward-looking guidance, risk factors, contingencies, or unusual items beyond the executive appointment.
Investor Verification Checklist
- Verify the effective date of the CFO appointment (April 18, 2022).
- Confirm the new CFO's annual base salary ($135,000).
- Review Mr. Jordan's prior experience at NSC Technologies and Roof Services as detailed in the filing.
- Note that no financial performance data is included in this specific filing; refer to recent 10-K or 10-Q filings for financial metrics.