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Posted 26 February, 2024

Kaival Brands Innovations Group, Inc. appointed Eric Mosser as new CEO

Nasdaq:KAVL appointed new Chief Executive Officer Eric Mosser in a 8-K filed on 26 February, 2024.


  On February 23, 2024, the Board appointed Eric Mosser, a current Senior Advisor to the Company and the Chief Executive Officer of Kaival International Brands, LLC, a wholly owned subsidiary of the Company, as the Company's President and Interim Chief Executive Officer, to serve in such capacity until a successor is duly appointed and approved by the Board.  

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Overview of Kaival Brands Innovations Group, Inc.
Leisure/Arts/Hospitality • Recreational Services
Kaival Brands Innovations Group, Inc. engages in the sale, marketing, and distribution of electronic nicotine delivery system products. Its brands include BIDI Stick, Bidi Vapor, and BIDI Cares. The company was founded by Paul Moody and Nirajkumar Patel in 1998 and is headquartered in Grant-Valkaria, FL.
Market Cap
$6.12M
View Company Details
Kaival Brands Innovations Group, Inc. by TradingView
Relevant filing section
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers


Resignation of Thomas Metzler, Chief Financial Officer


On February 20, 2024, Thomas Metzler, the Chief Financial Officer, Secretary and Treasurer of the Company, provided written notice to the Company's Board of his resignation, effectively immediately. Mr. Metzler's resignation was not due to any disagreement with the Company on any matter relating to the Company's operations, policies or practices.


Resignation of Barry Hopkins, Interim Chief Executive Officer and Director


On February 22, 2024, Barry M. Hopkins, the Interim Chief Executive Officer, President, and Director of the Company, provided written notice to the Company's Board of Directors (the "Board") of his resignation, effectively immediately. Mr. Hopkin's resignation was not due to any disagreement with the Company on any matter relating to the Company's operations, policies or practices.


Resignation of Stephen Sheriff, Chief Operating Officer


On February 22, 2024, Stephen Sheriff, the Chief Operating Officer of the Company, provided written notice to the Company's Board of his resignation, effectively immediately. Mr. Sheriff's resignation was not due to any disagreement with the Company on any matter relating to the Company's operations, policies or practices.


Resignation of Roger Brooks, Director


On February 22, 2024, Roger Brooks, a Director of the Company, provided written notice to the Company's Board of his resignation, effectively immediately. Mr. Brook's resignation from the Company's Board was not due to any disagreement with the Company on any matter relating to the Company's operations, policies or practices.


Resignation of George Chuang, Director


On February 26, 2024, George Chuang, a Director of the Company, provided written notice to the Company's Board of his resignation, effectively immediately. Mr. Chuang's resignation from the Company's Board was not due to any disagreement with the Company on any matter relating to the Company's operations, policies or practices.


Appointment of Interim Chief Executive Officer


On February 23, 2024, the Board appointed Eric Mosser, a current Senior Advisor to the Company and the Chief Executive Officer of Kaival International Brands, LLC, a wholly owned subsidiary of the Company, as the Company's President and Interim Chief Executive Officer, to serve in such capacity until a successor is duly appointed and approved by the Board.


At this time, there have been no changes to the Company's employment agreement with Mr. Mosser in connection with his appointment as President and Interim Chief Executive Officer of the Company. Mr. Mosser (a) is not a party to any arrangement or understanding with any other person pursuant to which he was selected to serve as President and Interim Chief Executive Officer of the Company, (b) has not been involved in any transactions with the Company or related persons of the Company that would require disclosure under Item 404(a) of the Regulation S-K, and (c) does not have any family relationship with any members of the Board or any executive officer of the Company.