Business Context and Reporting Period
This Form 8-K Current Report was filed by My Size, Inc. on April 15, 2019. The report discloses a corporate governance event regarding the appointment of a senior executive officer.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This document is a current report focused on personnel changes and does not contain financial statements.
Material Changes
On April 15, 2019, the Board of Directors appointed Billy Pardo, the Company's Chief Product Officer, to the additional role of Chief Operating Officer, effective immediately.
Management Commentary and Risks
- Relationship Disclosure: Ms. Pardo is the wife of Ronen Luzon, the Company's Chief Executive Officer and a member of the Board of Directors.
- Transaction Interest: The filing states there is no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.
- Selection Process: There is no arrangement or understanding between Ms. Pardo and any other person pursuant to which she was selected as an officer.
Investor Verification Checklist
- Verify the updated organizational chart to confirm Billy Pardo's dual role as Chief Product Officer and Chief Operating Officer.
- Review the Company's Form 10-K for the year ended December 31, 2018, for Ms. Pardo's full biography.
- Confirm that no other family relationships exist between Ms. Pardo and other directors or executive officers.