Cuentas (CUEN) appoints interim CFO as Ofek Suchard shifts to AI chief role
Rhea-AI Filing Summary
Cuentas, Inc. reported leadership changes focused on finance and artificial intelligence. The Board appointed Eric Kilinsky as Interim Chief Financial Officer, effective June 8, 2026, making him the company’s principal financial and accounting officer with responsibilities across reporting, audits, budgeting, and financial analysis.
Kilinsky is an experienced outsourced CFO and financial reporting executive and will receive a fixed monthly fee of $4,000 plus expense reimbursement. On the same date, former Interim CFO Ofek Haim Suchard transitioned to Chief Artificial Intelligence Officer to lead Cuentas’ AI-first strategy and technology initiatives, a move the company states did not arise from any disagreement over operations or policies.
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8-K Event Classification
Key Figures
Key Terms
Interim Chief Financial Officer financial
Chief Artificial Intelligence Officer technical
forward-looking statements regulatory
emerging growth company regulatory
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
June 12, 2026 (
(Exact name of registrant as specified in its charter)
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Company under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |
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| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered under Section 12(b) of the Act: None
Securities registered pursuant to Section 12(g) of the Act:
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(Title of class)
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Appointment of Eric Kilinsky as Interim Chief Financial Officer
On June 8, 2026, the Board of Directors (the “Board”) of Cuentas, Inc. (the “Company”) appointed Eric Kilinsky as the Company’s Interim Chief Financial Officer, effective June 8, 2026. In this capacity, Mr. Kilinsky will serve as the Company’s principal financial officer and principal accounting officer. In his role, Mr. Kilinsky will provide financial oversight, public company reporting support, SEC filing support, audit coordination, accounting oversight, capitalization table oversight, KPI reporting, budgeting and forecasting support, and financial analysis for the Company.
Mr. Kilinsky has served as the Chief Executive Officer and Fractional Chief Financial Officer of Quality Financial Services LLC, a financial advisory and accounting firm he founded that provides outsourced chief financial officer, financial reporting, compliance, tax, and operational accounting services to private and public companies across multiple industries, since 2020. In that capacity, he has supported financial reporting and compliance initiatives for more than ten public companies and has built and structured accounting departments and finance teams for numerous organizations. From 2015 to 2020, Mr. Kilinsky served as Controller of Wonder Jewelers, a multi-location jewelry business, where he oversaw daily accounting operations, month-end close, and financial reporting. From 2014 to 2015, he served as a Tax Analyst at B. Riley Financial. Mr. Kilinsky received a Bachelor of Science in Accounting & Finance from Susquehanna University in 2014.
In connection with his appointment as Interim Chief Financial Officer, the Company and Mr. Kilinsky agreed to the following compensation arrangement: a fixed monthly fee of Four Thousand Dollars (USD $4,000) together with reimbursement for all reasonable and necessary out-of-pocket expenses reasonably necessary for the provision of the Services. Mr. Kilinsky’s service as Interim Chief Financial Officer may be terminated by either party in accordance with the terms of his engagement.
There are no family relationships between Mr. Kilinsky and any director or executive officer of the Company. There are no transactions, and no proposed transactions, between Mr. Kilinsky and the Company that would be required to be reported under Item 404(a) of Regulation S-K. There is no arrangement or understanding between Mr. Kilinsky and any other person pursuant to which he was appointed as Interim Chief Financial Officer.
Transition of Ofek Haim Suchard to Chief Artificial Intelligence Officer
In connection with the appointment of Mr. Kilinsky, on June 8, 2026, the Company appointed Ofek Haim Suchard, who had been serving as the Company’s Interim Chief Financial Officer, as the Company’s Chief Artificial Intelligence Officer, effective June 8, 2026. Mr. Suchard holds a degree in mechanical engineering and brings a background in software development to his leadership of the Company’s artificial intelligence initiatives. As a result of Mr. Kilinsky’s appointment, Mr. Suchard ceased to serve as the Company’s Interim Chief Financial Officer, principal financial officer, and principal accounting officer, effective June 8, 2026. Mr. Suchard’s transition to Chief Artificial Intelligence Officer did not result from any disagreement with the Company on any matter relating to the Company’s operations, policies, or practices. All prior disclosures and compensation regarding Mr. Suchard remain unchanged.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
| 99.1 | Press Release issued June 12, 2026. | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| CUENTAS INC. | ||
| Date: June 12, 2026 | By: | /s/ Shalom Arik Maimon |
| Shalom Arik Maimon | ||
| Chief Executive Officer | ||
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Exhibit 99.1
| Cuentas Inc. | OTCQB: CUEN | 235 Lincoln Road, Suite 210, Miami Beach, FL 33139 |
Cuentas, Inc. Appoints Eric Kilinsky as Interim Chief Financial Officer and Names Ofek Haim Suchard Chief Artificial Intelligence Officer
Miami Beach, FL, June 12, 2026 (GLOBE NEWSWIRE) -- Cuentas, Inc. (OTCQB: CUEN) (the “Company” or “Cuentas”) today announced that its Board of Directors has appointed Eric Kilinsky as the Company’s Interim Chief Financial Officer, effective June 8, 2026. In connection with the appointment, Ofek Haim Suchard, who had been serving as the Company’s Interim Chief Financial Officer, has been named Chief Artificial Intelligence Officer of the Company, also effective June 8, 2026.
As Interim Chief Financial Officer, Mr. Kilinsky will serve as the Company’s principal financial officer and principal accounting officer and will provide financial oversight, public company reporting support, SEC filing support, audit coordination, accounting oversight, capitalization table oversight, KPI reporting, budgeting and forecasting support, and financial analysis for the Company.
Mr. Kilinsky is a finance and accounting executive with extensive experience providing outsourced chief financial officer, financial reporting, compliance, tax, and operational accounting services to private and public companies across multiple industries. He has supported financial reporting and compliance initiatives for more than ten public companies and holds a Bachelor of Science in Accounting & Finance from Susquehanna University.
In his new role as Chief Artificial Intelligence Officer, Mr. Suchard will lead the Company’s efforts to transform Cuentas into an artificial intelligence-first company and to prepare the organization for AGI (artificial general intelligence). He will focus on the Company’s technology strategy, product development, and the integration of advanced AI capabilities across its platform spanning mobile communications, connectivity, and digital services. Mr. Suchard holds a degree in mechanical engineering and brings a background in software development to his leadership of the Company’s artificial intelligence initiatives.
“We are pleased to welcome Eric Kilinsky as our Interim Chief Financial Officer,” said Shalom Arik Maimon, Chief Executive Officer of Cuentas, Inc. “Eric’s deep experience in public company financial reporting and accounting will strengthen our finance function as we execute our strategy. At the same time, Ofek Haim Suchard’s transition to Chief Artificial Intelligence Officer positions him to focus on the technology and product innovation that are central to the future of our platform.”
235 Lincoln Road, Suite 210, Miami Beach, FL 33139
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| Cuentas Inc. | OTCQB: CUEN | 235 Lincoln Road, Suite 210, Miami Beach, FL 33139 |
About Cuentas, Inc. (OTCQB: CUEN)
CUENTAS, Inc. is a technology-driven company focused on mobile communications, connectivity, and digital platform opportunities. Through strategic initiatives and partnerships, including its ownership interest in World Mobile LLC, CUENTAS is working to expand access to mobile voice, text, data, and related services while building an integrated platform designed to serve evolving consumer and business needs.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of U.S. federal securities laws. All statements other than statements of historical fact are forward-looking statements, including statements regarding the Company’s plans and expectations relating to its SEC reporting status, any potential listing on a major U.S. exchange or relisting on the Nasdaq Capital Market, business strategy, future operations, and prospects.
Forward-looking statements are based on current expectations and assumptions and are subject to a number of risks and uncertainties, many of which are beyond the Company’s control. Actual results may differ materially from those expressed or implied by any forward-looking statement. Important factors that could cause actual results to differ materially include, among others, the Company’s ability to continue to meet SEC reporting obligations, , to obtain necessary approvals, to fund its operations, and to execute its business strategy, as well as other risks described in the Company’s filings with the SEC.
Any forward-looking statement speaks only as of the date of this press release, and the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Contact Information:
For media and investor inquiries: Investor Relations
Email: info@cuentas.com https://cuentas.com/
235 Lincoln Road, Suite 210, Miami Beach, FL 33139
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