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Get filing alertsTeucrium Commodity Trust appoints new Chief Compliance Officer after resignation
Filed May 1, 2026 · Period ending May 1, 2026 · ~1 min read
Key Changes
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Chief Compliance Officer Christi Powitzky resigned effective May 8, 2026, with no stated reason or disagreement disclosed in the filing.
Item 5.02 verify on EDGAR → -
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Brian T. MacKenzie appointed as replacement CCO effective May 11, 2026, creating a three-day gap in the compliance officer role. MacKenzie brings 20+ years of investment compliance experience.
Item 5.02 verify on EDGAR → -
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No compensation arrangements disclosed for the new CCO as of filing date. Sponsor officers do not receive direct compensation from the Funds.
Item 5.02 verify on EDGAR →
Summary
Teucrium Commodity Trust disclosed a leadership transition in its compliance function. The Chief Compliance Officer of the Sponsor, Christi Powitzky, resigned effective May 8, 2026, and was replaced by Brian T. MacKenzie three days later on May 11. The filing provides no explanation for Powitzky's departure or indication of any disagreement with management.
For retail investors in CORN and other Teucrium funds, this is a routine personnel change, though the CCO role is critical for ensuring regulatory compliance and fund operations meet legal requirements. MacKenzie's extensive background—over twenty years in investment compliance, most recently as Head of Adviser Compliance Support Services at PINE Adviser Solutions—suggests continuity in the compliance function.
Investors should monitor upcoming fund disclosures and regulatory filings for any changes in compliance procedures or reporting quality that might signal adjustment periods under new leadership. The brief gap between officers is notable but not uncommon in planned transitions.
Section-by-Section Diff
Event · Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation filed; see Key Changes for terms.
Added in current filing · verify on EDGAR →
Effective as of May 8, 2026, Christi Powitzky resigned as the Chief Compliance Officer of Teucrium Trading, LLC (the “Sponsor”), Sponsor of Teucrium Agricultural Fund, Teucrium Wheat Fund, Teucrium Soybean Fund, Teucrium Sugar Fund, Teucrium Corn Fund, and 7RCC Spot Bitcoin and Carbon Credit Futures ETF (collectively, the “Funds”), each a series of the Teucrium Commodity Trust (the “Registrant”).
The Chief Compliance Officer of the Sponsor, Christi Powitzky, resigned effective May 8, 2026. The filing does not provide reasons for the resignation or indicate any disagreement with the company.
Added in current filing · verify on EDGAR →
Effective May 11, 2026, Brian T. MacKenzie has been appointed Chief Compliance Officer of the Sponsor. As Chief Compliance Officer, Mr. MacKenzie is responsible for the compliance and reporting of the Sponsor and performs such additional executive, supervisory and management functions as required.
Brian T. MacKenzie was appointed as the new Chief Compliance Officer effective May 11, 2026, creating a three-day gap between the prior CCO's resignation and the new appointment. Mr. MacKenzie brings over twenty years of investment compliance experience, most recently serving as Head of Adviser Compliance Support Services at PINE Adviser Solutions since 2022.
Show 1 minor / wording change
Added in current filing · verify on EDGAR →
As of the date of this Current Report on Form 8-K, no new compensatory arrangements have been entered into with respect to Mr. MacKenzie’s appointment as Chief Compliance Officer of the Sponsor. None of the officers of the Sponsor receive compensation from the Funds.
No new compensation arrangements have been established for the incoming Chief Compliance Officer as of the filing date. The disclosure clarifies that Sponsor officers do not receive compensation directly from the Funds themselves.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jun 2, 2026 · How we verify