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Adrian Goldfarb becomes interim CFO at Duos Technologies (NASDAQ: DUOT)

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Duos Technologies Group, Inc. reported a leadership change in its finance team. Effective June 8, 2026, Leah Brown stepped down from the role of Chief Financial Officer and returned to her prior position as Senior Vice President of Accounting.

On the same date, long-time company executive Adrian Goldfarb was appointed Interim Chief Financial Officer. Goldfarb has previously served as Duos’ CFO for multiple periods, helped manage its Nasdaq listing in 2020, and currently leads its rail industry subsidiary. He will head a search committee, with the company expecting to appoint a permanent CFO within 60 to 90 days.

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Insights

Duos reshuffles its finance leadership, naming a highly experienced insider as interim CFO.

Duos Technologies Group is transitioning its finance leadership as Leah Brown moves from Chief Financial Officer back to Senior Vice President of Accounting. At the same time, veteran executive Adrian Goldfarb steps in as Interim CFO, a role he has held before.

Goldfarb’s background includes prior CFO tenures at Duos, leading the company’s Nasdaq Capital Market listing in 2020, and current oversight of the rail industry subsidiary earmarked for divestment. This history suggests familiarity with Duos’ operations, capital markets interactions, and strategic initiatives.

The company states that Goldfarb will lead a search committee to recruit a permanent CFO, with an expected appointment window of 60 to 90 days from June 8, 2026. Future disclosures about the permanent hire and progress on the planned rail divestment will further clarify the long-term finance and strategic leadership structure.

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.
Effective date of CFO change June 8, 2026 Date Leah Brown returned to SVP of Accounting and Goldfarb became Interim CFO
CFO search timeframe 60–90 days Expected period to appoint a permanent Chief Financial Officer
Nasdaq listing year 2020 Year Goldfarb managed Duos Technologies’ listing on the Nasdaq Capital Market
Interim Chief Financial Officer financial
"Also effective June 8, 2026, Adrian Goldfarb has been appointed Interim Chief Financial Officer."
An interim chief financial officer is a temporary leader responsible for managing a company's financial activities, such as budgeting, financial planning, and reporting, during a transitional period. Think of it as filling in for a key manager until a permanent replacement is found. For investors, this role is important because it ensures financial stability and clear guidance during times of change or uncertainty.
Senior Vice President of Accounting financial
"Leah Brown, the Company’s Chief Financial Officer, resumed her previous position as Senior Vice President of Accounting."
planned divestment financial
"overseeing the operations and planned divestment of the Company’s rail industry subsidiary."
Nasdaq Capital Market financial
"Mr. Goldfarb managed the Company’s listing on the Nasdaq Capital Market in 2020."
The Nasdaq Capital Market is a platform where smaller, emerging companies can list their shares for trading by investors. It provides these companies with access to funding and visibility, helping them grow, much like a local marketplace where new vendors can introduce their products to potential customers. For investors, it offers opportunities to discover early-stage companies with growth potential.
Emerging growth company regulatory
"Emerging growth company Item 5.02 Departure of Directors or Certain Officers;"
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.
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false 0001396536 0001396536 2026-06-08 2026-06-08 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 
 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

——————

 

FORM 8-K

 

——————

 

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 8, 2026

 

——————

 

Duos Technologies Group, Inc.

(Exact name of registrant as specified in its charter)

 

——————

 

Florida 001-39227 65-0493217
(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification No.)

 

7660 Centurion Parkway, Suite 100, Jacksonville, Florida 32256

(Address of Principal Executive Offices) (Zip Code)

 

(904) 296-2807

(Registrant’s telephone number, including area code)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant 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)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock (par value $0.001 per share)   DUOT   The Nasdaq Stock Market LLC

 

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. 

 

 
 

 

 
 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

Duos Technologies Group, Inc. (the “Company”) announced that, effective June 8, 2026, Leah Brown, the Company’s Chief Financial Officer, resumed her previous position as Senior Vice President of Accounting. Also effective June 8, 2026, Adrian Goldfarb has been appointed Interim Chief Financial Officer. Mr. Goldfarb will lead a search committee to hire a permanent Chief Financial Officer and the Company expects to announce a replacement within 60 to 90 days.

 

Mr. Goldfarb has a long experience with the Company. Most recently, he has been Strategic Advisor to the Chief Executive Officer since November 2025. He also has been serving, since March 2026, as President of Duos Technologies, Inc., overseeing the operations and planned divestment of the Company’s rail industry subsidiary. He was Chief Financial Officer of the Company from April 2024 to November 2025, as well as from 2015 to 2022. Mr. Goldfarb served as a Director from April 2010 to November 2020. Effective July 1, 2012, he was appointed as President and Chief Financial Officer of Information Systems Associates, Inc., which merged with Duos Technologies, Inc. in April 2015, upon which he agreed to continue serving the merged company, Duos Technologies Group, Inc., as Chief Financial Officer and Director. Mr. Goldfarb managed the Company’s listing on the Nasdaq Capital Market in 2020. Prior to joining the Company, Mr. Goldfarb served as CFO for Ecosphere Technologies, overseeing growth from $0 to $24 million and profitability. Mr. Goldfarb was also Managing Director of WSI Europe, a division of the Weather Channel from 1998 until 2002. From 2002 to 2007, Mr. Goldfarb served as interim-CFO for MOWIS GmbH, a weather technology media start-up company which was successfully sold to a large European media group. Mr. Goldfarb’s extensive business and financial experience includes 10 years at a subsidiary of Fujitsu where he served as Director of Operations for a new software venture. Mr. Goldfarb started his formal career at IBM and was given responsibility for an account team focused on Latin America and Southeast Asia.

 

Mr. Goldfarb also currently serves as non-Executive Chairman of GelStat Corporation, a public company engaged in the development, marketing and support of technology for industrial security applications. Mr. Goldfarb is a 40-year technology industry veteran including more than 30 years in information technology and 10 years in the media and communications industry.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit No.   Description of Exhibit
104   Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)

 

 
 

 

SIGNATURES

 

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.

 

  DUOS TECHNOLOGIES GROUP, INC.
     
     
Dated: June 8, 2026 By:   /s/ F. Douglas Recker
   

F. Douglas Recker

Chief Executive Officer

   

 

 

 

 

 

 

FAQ

What management change did Duos Technologies Group (DUOT) announce on June 8, 2026?

Duos Technologies Group announced that Leah Brown stepped down as Chief Financial Officer and returned to her prior role as Senior Vice President of Accounting. At the same time, the company appointed long-time executive Adrian Goldfarb as Interim Chief Financial Officer, effective June 8, 2026.

Who is the new Interim CFO of Duos Technologies Group (DUOT)?

Adrian Goldfarb has been appointed Interim Chief Financial Officer of Duos Technologies Group. He is a long-time company executive who previously served as CFO, managed the Nasdaq listing in 2020, and currently oversees Duos Technologies, Inc., the rail industry subsidiary slated for divestment.

How long will Adrian Goldfarb serve as Interim CFO at Duos Technologies (DUOT)?

Duos Technologies expects Adrian Goldfarb to serve as Interim CFO while he leads the search for a permanent Chief Financial Officer. The company stated it expects to announce a permanent replacement within 60 to 90 days from June 8, 2026.

What role will former CFO Leah Brown have at Duos Technologies Group (DUOT) going forward?

Leah Brown has resumed her previous position as Senior Vice President of Accounting at Duos Technologies Group. She held the Chief Financial Officer role before this change but is now returning to her prior accounting leadership position effective June 8, 2026.

What other responsibilities does Interim CFO Adrian Goldfarb hold at Duos Technologies (DUOT)?

In addition to serving as Interim CFO, Adrian Goldfarb has been President of Duos Technologies, Inc. since March 2026. In that role he oversees operations and the planned divestment of the company’s rail industry subsidiary, aligning financial leadership with an important strategic initiative.

What is Adrian Goldfarb’s history with Duos Technologies Group (DUOT)?

Adrian Goldfarb has a long history with Duos Technologies Group, including serving as CFO from 2015 to 2022 and again from April 2024 to November 2025. He also helped manage the company’s Nasdaq Capital Market listing in 2020 and has served as a director in prior years.

Filing Exhibits & Attachments

3 documents