Posted 27 July, 2022
MDwerks, Inc. appointed Steven C. Laker as new CEO
OTC:MDWK appointed new Chief Executive Officer Steven C. Laker in a 8-K filed on 27 July, 2022.
On the Closing Date, the Board of Directors of the Company increased the size of the Board by two persons, from one to three directors and appointed Steven C. Laker and Michael Nordlicht as members of the Board, to serve until their respective earlier death, resignation or removal from office, as well as to serve as Chief Executive Officer, and Chief Operating Officer and Secretary respectively.
$42.8M
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On the Closing Date, Michael Gelmon, the Company's sole officer and director as of the Closing Date, resigned from any and all positions with the Company. As such, there was a change in management of the Company, which also resulted in a change of control of the Company to its new officers and directors. On the Closing Date, the Board of Directors of the Company increased the size of the Board by two persons, from one to three directors and appointed Steven C. Laker and Michael Nordlicht as members of the Board, to serve until their respective earlier death, resignation or removal from office, as well as to serve as Chief Executive Officer, and Chief Operating Officer and Secretary respectively. Also, Mr. Steven C. Laker was named as the Chief Executive Officer, to serve in such position until his earlier death, resignation or removal from office, whereas Mr. Michael Nordlicht was named as the Chief Operating Officer, to serve in such position until his earlier death, resignation or removal from office. Mr. Steven C. Laker, age 45 has served as the Chief Executive Officer of Sunwave USA Holdings Inc., a company focused in the energy and sustainability industry ("Sunwave") since 2019. Previously, Mr. Laker served as Chief Executive Officer of Agera Energy LLC and its affiliates, from 2014 through 2018. Mr. Michael Nordlicht, age 34 has served as Vice President of Sunwave since 2019. Previously, Mr. Nordlicht served as the General Counsel for Agera Energy LLC and its affiliates, from June 2014 through January 2019. There is no familial relationship between Steven C. Laker and Michael Nordlicht, nor among any other directors.
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