Red Flags Detected
- Departure Of Cfo (new) — Dr. Kimel transitioned from board member to CFO, representing a leadership change in the financial officer role.
KULR appoints board member Dr. Kimel as CFO, adds Steven Perez as independent director
Filed June 9, 2026 · Period ending June 9, 2026 · ~1 min read
Key Changes
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high
Dr. Michael Kimel, former Audit Committee Chair, appointed CFO at $350K salary plus future equity grant. He resigned from board to take the role; no disagreement with company cited.
Item 5.02 verify on EDGAR → -
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Steven Perez, 53, joins as independent director and new Audit Committee Chair. Board determined he qualifies as audit committee financial expert; receives $120K annual compensation.
Item 5.02 verify on EDGAR → -
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Dr. Kimel to receive restricted stock units as part of CFO package, with value and vesting terms to be determined later by Compensation Committee.
Item 5.02 verify on EDGAR →
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Generated by AI · Jun 10, 2026 3:46 PM