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Posted 26 December, 2023

Scott's Liquid Gold - Inc. appointed new CEO

CEO Change detected for ticker OTC:SLGD in a 8-K filed on 26 December, 2023.


  On December 21, 2023, the Board and the Company's President and Principal Executive Officer, Tisha Pedrazzini, agreed that Ms. Pedrazzini will resign as the Company's Chief Executive Officer and a director effective December 31, 2023 (the "Effective Date").  

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Overview of Scott's Liquid Gold - Inc.
Consumer Goods • Nondurable Household Products
Scott's Liquid Gold, Inc. engages in the development, manufacture, and trade of household and health and beauty care products. It operates through the Household Products and Health and Beauty Care Products segments. The Household Products segment includes Scott’s Liquid Gold Wood Care, Scott’s Liquid Gold Floor Restore, Kids N Pets and Messy Pet, and BIZ. The Health and Beauty Care Products segment refers to Alpha Skin Care, Neoteric Diabetic Skin Care, Prell, and Denorex and Zincon. The company was founded on February 15, 1954 and is headquartered in Greenwood Village, CO.
Market Cap
$10.9M
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Scott's Liquid Gold - 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.


On December 21, 2023, the Board and the Company's President and Principal Executive Officer, Tisha Pedrazzini, agreed that Ms. Pedrazzini will resign as the Company's Chief Executive Officer and a director effective December 31, 2023 (the "Effective Date"). On December 21, 2023, the Board, with effect from the Effective Date, reduced the size of the Board to three seats and appointed David M. Arndt to the hold the position of President and Principal Executive Officer in addition to continuing to serve as the Company's Chief Financial Officer. While his existing employment agreement will not be renewed past March 31, 2024, his annual salary, should he remain in such roles after March 31, 2024, is expected to remain at $205,000.


The information required by Items 401(b), (d) and (e) and Item 404(a) of Regulation S-K with respect to Mr. Arndt is incorporated herein by reference to the Company's definitive proxy statement on Schedule 14A filed with the SEC on April 28, 2023.