Northann Corp.

04/17/2024 | Press release | Distributed by Public on 04/17/2024 14:55

Management Change/Compensation - Form 8-K

Item
5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
As reported under Item 1.01 above, Mr.
David M. Kratochvil
resigned
as
CFO of the Company effective as of
April
15
, 2024
.
The Board of Directors of
the Company
intends to conduct a search of potential internal and external candidates to replace Mr. Kratochvil. In the interim, the Company has
appointed
Mr.
Sunny S. Prasad as the interim
CFO of the Company
.
Mr
. Prasad has over 30 years of experience as an accountant and auditor with various professional audit firms, and has served as the Managing Partner at Sana Tax Corporation since 2014. Mr. Prasad obtained his Bachelors of Science in Accountancy in 2008 from National University in Sacramento, California.