Barfresh CFO to retire; CEO takes interim finance role
CFO Lisa Roger confirmed she will retire Sept. 1, and CEO Riccardo Delle Coste will step in as interim chief financial officer.
Rhea-AI Filing Summary
Barfresh Food Group Inc. (BRFH) reported leadership and board changes. Chief Financial Officer Lisa Roger confirmed her retirement, with her last day on September 1, 2026. Chief Executive Officer Riccardo Delle Coste will also serve as interim chief financial officer.
Effective August 28, 2026, Barfresh appointed Philip Meneses as Controller and principal accounting officer. He will receive an annual base salary of $130,000, eligibility for bonuses of up to 15% of base salary, and 20,800 restricted stock units, subject to vesting. On August 31, 2026, director Alexander H. Ware notified Barfresh he will resign effective September 15, 2026; the company states this resignation was not due to a disagreement.
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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, or exhibit attachments filed with this report.
Key Figures
Annual base salary: $130,000
Bonus eligibility: 15% of annual base salary
Restricted stock units: 20,800 RSUs
+3 more
6 metrics
Annual base salary
$130,000
Compensation for Controller and principal accounting officer Philip Meneses
Bonus eligibility
15% of annual base salary
Maximum discretionary bonus opportunity for Philip Meneses
Restricted stock units
20,800 RSUs
Equity award to Philip Meneses, subject to vesting requirements
CFO last day
September 1, 2026
Retirement date for Chief Financial Officer Lisa Roger
Controller effective date
August 28, 2026
Effective appointment date of Controller and principal accounting officer Philip Meneses
Director resignation effective date
September 15, 2026
Effective resignation date for director Alexander H. Ware
Key Terms
principal accounting officer, restricted stock units, Audit Committee, Nominating and Corporate Governance Committee, +1 more
5 terms
principal accounting officer regulatory
"appointed Philip Meneses as its Controller (principal accounting officer)"
The Principal Accounting Officer is the person responsible for making sure a company's financial records are accurate and follow the rules. They play a key role in preparing financial reports that show how well the company is doing. This helps investors, managers, and regulators trust the company's financial information.
restricted stock units financial
"and 20,800 restricted stock units, subject to vesting requirements"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Audit Committee regulatory
"He chaired the Audit Committee and also served on the"
A company's audit committee is a small group of board members who act like independent inspectors for the firm's finances, overseeing how financial reports are prepared, monitoring internal controls, and managing the relationship with external auditors. Investors care because a strong audit committee reduces the risk of accounting errors, fraud, or misleading statements, making financial statements more trustworthy and helping protect shareholder value.
Nominating and Corporate Governance Committee regulatory
"and also served on the Nominating and Corporate Governance Committee"
A nominating and corporate governance committee is a group within a company's board of directors responsible for selecting and recommending individuals to serve as company leaders, such as directors or executives. They also develop and oversee policies to ensure the company is run fairly, ethically, and transparently. This committee matters to investors because it helps ensure the company is well-managed and guided by qualified, responsible leadership.
emerging growth company regulatory
"405 of this chapter) or Rule 12b-2 of the Securities Exchange Act"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
FAQ
What executive leadership changes did BRFH announce on August 26, 2026?
Barfresh stated that CFO Lisa Roger will retire, with her last day on September 1, 2026. CEO Riccardo Delle Coste will serve as interim chief financial officer, and Philip Meneses was appointed Controller and principal accounting officer effective August 28, 2026.
What are the compensation terms for Barfresh (BRFH) Controller Philip Meneses?
Philip Meneses will receive an annual base salary of $130,000, be eligible for bonuses of up to 15% of that salary at management’s discretion, and receive 20,800 restricted stock units subject to vesting requirements.
When is Barfresh (BRFH) director Alexander H. Ware resigning from the board?
Alexander H. Ware notified Barfresh on August 31, 2026 that he will resign as a director effective September 15, 2026. The company states that his resignation was not the result of a disagreement with Barfresh.
What board roles did Alexander H. Ware hold at Barfresh (BRFH)?
At Barfresh, Alexander H. Ware chaired the Audit Committee and served on the Nominating and Corporate Governance Committee of the board of directors prior to his stated resignation effective September 15, 2026.
What prior experience does Barfresh (BRFH) Controller Philip Meneses have?
Philip Meneses worked at Halozyme Therapeutics, Inc. as Controller from February 2020 to August 2026 and has held finance leadership roles at public companies including BioMarin, Impossible Foods, and Tokai Rika in Japan. He is a Certified Public Accountant with an MBA in Accountancy.
AI-generated analysis. How Rhea-AI works. Not financial advice.
