Blog: DATA443 RISK MITIGATION, INC. : Change in Directors or Principal Officers, Regulation FD Disclosure, Financial Statements and Exhibits (form 8-K) – Marketscreener.com

ITEM 5.02 DEPARTUREOF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS;

          APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN
          OFFICERS



Nanuk Warman, Chief Financial Officer of Data443 Risk Mitigation, Inc. (the
“Company”) provided notice that he is resigning from the Company, effective
September 8, 2022. On September 8, 2022, the Board of Directors of the Company
appointed Greg McCraw to serve as the Company’s Chief Financial Officer,
effective immediately.

Mr. McCraw, 59, has over 25 years of experience helping businesses strengthen
accounting and finance operations, addressing compliance challenges in highly
regulated environments, and implementing accounting best practices. Mr. McCraw
previously was Vice President of Finance for Light Wave Dental (d/b/a Gladwell
Orthodontics) in Wake Forest, NC since January 2021, overseeing seven direct
reports and controlling a budget of $17 million. From April 2011 until January
2021, Mr. McCraw was the Managing Director of FMAC Group, LLC of Wake Forest, a
boutique accounting and finance consulting firm, advising Fortune clients in
pharmaceutical, financial services, and private equity sectors on executing on
regulatory and compliance solutions. Mr. McCraw is a certified public accountant
and holds a bachelor of arts degree in accounting from North Carolina State
University.

In connection with his appointment, Mr. McCraw will be entitled to an annual
base salary in the amount of $180,000, and quarterly grants of restricted stock
awards and incentive stock options in amounts equivalent to $45,000 and $35,000,
respectively. Mr. McCraw will also be eligible to participate in the Company’s
bonus plan, with Mr. McCraw’s eligible bonus payment to be based on achievement
of certain performance objectives and goals.

There are currently no arrangements or understandings between Mr. McCraw and any
other person pursuant to which Mr. McCraw was selected as an executive officer.
There are no family relationships between Mr. McCraw and any director or other
executive officer of the Company, or with any person nominated or chosen to
become an officer or a director of the Company. The Company has had no
transactions since the beginning of its last fiscal year, and has no
transactions currently proposed, in which Mr. McCraw, or any member of his
immediate family, has an interest requiring disclosure under Item 404(a) of
Regulation S-K.

ITEM 7.01 REGULATION FD DISCLOSURE.

On September 8, 2022, the Company issued a press release (the “Press Release”)
announcing the appointment of Mr. McCraw. The full text of the Press Release is
attached hereto as Exhibit 99.1 and is incorporated herein by this reference.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.




(d) Exhibits.


The following Exhibits are furnished with this Report:



Exhibit No.   Exhibit Description

99.1            Press Release of Data443 Risk Mitigation, Inc., dated September 8,
              2022
104           Cover Page Interactive Data File (embedded within the Inline XBRL
              document)

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