BranchOut Food (BOF) boosts CEO salary to $325,000 and CFO pay to $17,500 monthly
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
BranchOut Food Inc. reported changes to executive compensation. The Compensation Committee approved raising Chief Executive Officer Eric Healy’s annual base salary to $325,000, with retroactive effect to April 15, 2025. The Committee also increased Chief Financial Officer John Dalfonsi’s monthly compensation to $17,500, retroactive to January 1, 2026. These adjustments are formalized in a current report for investors and regulators.
Positive
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Negative
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8-K Event Classification
2 items: 5.02, 9.01
2 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
FAQ
What executive compensation changes did BranchOut Food (BOF) approve?
BranchOut Food’s Compensation Committee approved higher pay for its CEO and CFO. CEO Eric Healy’s annual base salary is now $325,000, retroactive to April 15, 2025, and CFO John Dalfonsi’s monthly compensation is $17,500, retroactive to January 1, 2026.
When is the new CEO salary at BranchOut Food (BOF) effective?
The new annual base salary for CEO Eric Healy is effective retroactively from April 15, 2025. This means the company recognizes the $325,000 salary level as applying back to that date, not just from March 2026 onward.
What is the new monthly compensation for BranchOut Food’s CFO?
BranchOut Food increased Chief Financial Officer John Dalfonsi’s monthly compensation to $17,500. The change is retroactive to January 1, 2026, so his pay from that date forward is calculated at this higher monthly rate.
Which BranchOut Food board group approved the pay changes?
The compensation changes were approved by the Compensation Committee of BranchOut Food’s Board of Directors. This committee oversees executive pay and formally authorized the new salary for the CEO and the new monthly compensation for the CFO.
What SEC form did BranchOut Food (BOF) use to disclose these changes?
BranchOut Food disclosed the executive compensation updates in a Form 8-K current report. The pay adjustments are described under Item 5.02, which covers departures, elections, appointments, and compensatory arrangements for certain officers and directors.