11/21/2024 | Press release | Distributed by Public on 11/21/2024 16:29
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On November 20, 2024, John Small provided notice of his decision to resign as Chief Financial Officer of AiAdvertising, Inc. (the "Company"), effective November 22, 2024. Mr. Small's resignation was not the result of any disagreements with the Company regarding any matters related to its operations, policies, practices, or otherwise.
On November 15, 2024, Douglas Beck was appointed Chief Financial Officer of the Company, effective November 22, 2024. Mr. Beck will receive an annual salary of $210,000.
Mr. Beck previously served as chief financial officer of ShiftPixy, Inc. (NASDAQ: PIXY), a human capital services enterprise, from January 2023 to March 2024. Prior to that he served as chief financial officer and consultant for Beyond Air, Inc. (NASDAQ: XAIR), a clinical stage medical device company, from November of 2018 to December of 2022. Prior to his service with Beyond Air, Mr. Beck served as chief financial officer for JLM Couture, Inc., a high-end bridal wear and accessories designer and manufacturer from February 2016 to October of 2018. Mr. Beck has a Bachelor of Science degree in accounting from Fairleigh Dickinson University, and he is a New York certified public accountant as well as a member of the New York State Society of CPAs SEC and CFO committees.