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[8-K] Newton Golf Company, Inc. Reports Material Event

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

Rhea-AI Filing Summary

Newton Golf Company, Inc. removed Greg Campbell from his roles as Executive Chairman, Chief Executive Officer and principal executive officer on March 27, 2026. The company appointed co‑founder Akinobu Yorihiro, age 57, as Interim Chief Executive Officer and principal executive officer, while he continues as Chief Technology Officer and director. The Board of Directors also named Brett Hoge as its new Chairperson. Yorihiro brings prior leadership experience at Nippon Xport Ventures, Yoshimoto Entertainment USA and Bellrock Media, as well as a background as a corporate M&A partner at Bingham McCutchen LLP. His compensation remains unchanged in connection with the interim CEO role, and the company states there are no family relationships, related‑party transactions or special arrangements tied to his appointment.

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Insights

Newton Golf removes its CEO and elevates a co‑founder as interim leader, signaling a meaningful leadership transition.

Newton Golf Company, Inc. terminated Greg Campbell as Executive Chairman, Chief Executive Officer and principal executive officer on March 27, 2026. Concentrating so many roles in one person means his removal is a significant governance and leadership event.

The Board appointed co‑founder Akinobu Yorihiro, already Chief Technology Officer and director, as Interim Chief Executive Officer and principal executive officer, while naming Brett Hoge as Chairperson. Yorihiro’s long operating and M&A background may help continuity, but the interim designation highlights that longer‑term leadership plans are still open.

Because the company notes no change in Yorihiro’s compensation and no related‑party arrangements or family relationships, this appears focused on leadership structure rather than pay or control shifts. Future disclosures in company reports may clarify whether a permanent CEO search and broader strategic changes follow this transition.

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.
Termination date of prior CEO March 27, 2026 Greg Campbell removed as Executive Chairman, CEO and principal executive officer
Appointment date of interim CEO March 27, 2026 Akinobu Yorihiro appointed Interim Chief Executive Officer and principal executive officer
Age of interim CEO 57 years Age of Akinobu Yorihiro at time of appointment
CTO and director tenure Since March 2018 Period Yorihiro has served as Newton Golf’s Chief Technology Officer and director
Chairman role at Nippon Xport Ventures 2017 to 2023 Prior leadership experience of interim CEO Akinobu Yorihiro
CEO roles at Yoshimoto Entertainment USA and Bellrock Media 2006 to 2017 Earlier executive experience of Akinobu Yorihiro
M&A partner tenure at Bingham McCutchen LLP 1993 to 2006 Legal and transactional background of Akinobu Yorihiro
Interim Chief Executive Officer financial
"was appointed the Company’s Interim Chief Executive Officer and principal executive officer"
An interim chief executive officer is a temporary leader appointed to run a company while the board searches for a permanent CEO or manages an unexpected departure. Investors pay attention because this person shapes near-term strategy, stability and market confidence—like a substitute driver steering the car until the regular driver returns—and their actions and credibility can influence share price, hiring and major deals.
principal executive officer financial
"Executive Chairman, Chief Executive Officer and principal executive officer of Newton Golf Company, Inc."
The principal executive officer is the highest-ranking manager who leads a company’s overall strategy, operations and public communication—often acting like the captain of a ship who sets direction and makes final calls. Investors watch this person because their decisions, credibility and ability to deliver results shape company performance, risk and market confidence, and changes in that role can directly affect stock value and corporate accountability.
Emerging growth company financial
"Emerging growth company"
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.
Regulation S-K regulatory
"transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K"
A set of U.S. Securities and Exchange Commission rules that tell public companies which narrative and qualitative details must be disclosed in filings, such as risk factors, management discussion, executive pay, legal proceedings and business description. Think of it as a standardized checklist or blueprint that ensures investors get the same types of background information from every company so they can compare risks, management quality and strategy before making investment decisions.
Item 404(a) regulatory
"material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What leadership change did Newton Golf Company (NWTG) announce on March 27, 2026?
Newton Golf Company terminated Greg Campbell as Executive Chairman, Chief Executive Officer and principal executive officer on March 27, 2026. The Board then appointed co‑founder Akinobu Yorihiro as Interim Chief Executive Officer and principal executive officer the same day.

Who is the new interim CEO of Newton Golf Company (NWTG)?
Co‑founder Akinobu Yorihiro is the new Interim Chief Executive Officer and principal executive officer of Newton Golf Company. He also continues serving as Chief Technology Officer and director, a role he has held since March 2018.

Did Akinobu Yorihiro’s compensation change when he became interim CEO of NWTG?
The company states that Akinobu Yorihiro’s compensation did not change in connection with his appointment as Interim Chief Executive Officer. He continues in his existing compensation arrangement while adding the interim CEO and principal executive officer duties.

Does Akinobu Yorihiro have related‑party ties to Newton Golf’s executives or directors?
Newton Golf states that Akinobu Yorihiro has no family relationships with any executive officer or director. The company also notes he has no material interest in transactions requiring disclosure under Item 404(a) of Regulation S‑K and no arrangements leading to his selection.

Who is now Chairperson of the Board at Newton Golf Company (NWTG)?
The Board of Directors appointed Brett Hoge as Chairperson on March 27, 2026. This change coincided with Greg Campbell’s termination and Akinobu Yorihiro’s appointment as Interim Chief Executive Officer and principal executive officer.

What is Akinobu Yorihiro’s professional background before leading Newton Golf?
Akinobu Yorihiro previously served as Chairman of the Board for Nippon Xport Ventures, Inc. from 2017 to 2023, Chief Executive Officer of Yoshimoto Entertainment USA and Bellrock Media from 2006 to 2017, and a corporate M&A partner at Bingham McCutchen LLP from 1993 to 2006.
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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): March 27, 2026

 

NEWTON GOLF COMPANY, INC.

(Exact name of registrant as specified in its charter)

 

Delaware   001-41701   82-4938288

(State or other jurisdiction

of incorporation)

  

(Commission

File Number)

  

(IRS Employer

Identification No.)

 

551 Calle San Pablo

Camarillo, CA 93012

(Address of principal executive offices, including ZIP code)

 

855-774-7888

(Registrant’s telephone number, including area code)

 

Not Applicable

(Former name or former address, if changed since last report)

 

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 (See General Instruction A.2. below):

 

☐ Written communications pursuant to Rule 425 under the Securities Act of 1933 (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(e) 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 $0.01 per share   NWTG   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.

 

On March 27, 2026, Greg Campbell was terminated as the Executive Chairman, Chief Executive Officer and principal executive officer of Newton Golf Company, Inc. (the “Company”). Also on March 27, 2026, Akinobu Yorihiro, age 57, was appointed the Company’s Interim Chief Executive Officer and principal executive officer and Brett Hoge was appointed Chairperson of the Company’s Board of Directors.

 

Mr. Yorihiro, one of the Company’s co-founders, is a director, the Interim Chief Executive Officer and the Chief Technology Officer of the Company. Mr. Yorihiro has served as a director and the Company’s Chief Technology Officer since March 2018. Mr. Yorihiro served as Chairman of the Board for Nippon Xport Ventures, Inc. from 2017 to 2023. Mr. Yorihiro served as Chief Executive Officer of Yoshimoto Entertainment USA, the U.S. subsidiary of Yoshimoto Kogyo of Japan, and the Chief Executive Officer of Bellrock Media, a digital media company backed by Dentsu, NTT Docomo and Yoshimoto Entertainment, from 2006 to 2017. He was a Corporate M&A Partner at Bingham McCutchen LLP, a large national U.S. law firm, where he specialized in cross-border transactions, representing Japanese and U.S. clients across a wide range of industries including manufacturing, pharmaceutical, technology, banking, sports and entertainment, from 1993 to 2006.

 

Mr. Yorihiro has no family relationships with any executive officer or director of the Company, and he has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K. Further, there are no arrangements or understandings between Mr. Yorihiro and any other person pursuant to which he was selected to become the Interim Chief Executive Officer of the Company.

 

Mr. Yorihiro’s compensation did not change in connection with his appointment as Interim Chief Executive Officer of the Company.

 

 

 

 

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.

 

Date: March 30, 2026 NEWTON GOLF COMPANY, INC.
     
  By: /s/ Akinobu Yorihiro
    Akinobu Yorihiro
    Interim Chief Executive Officer and Chief Technology Officer

 

 

Source: View Original Filing on SEC EDGAR

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