Research Solutions (RSSS) promotes Dave Kutil to CFO, ends CRO role
Rhea-AI Filing Summary
Research Solutions, Inc. appointed Dave Kutil as chief financial officer effective July 28, 2026, formalizing the role he had held on an interim basis since December 10, 2025. He previously served as the company’s global controller and has held senior accounting and reporting roles at other corporations.
Under an employment agreement dated July 30, 2026, Kutil receives an annual base salary of $275,000 and is eligible for an annual bonus of up to $55,000 tied to performance milestones. The company states he has no family relationships with its directors or executive officers and no related-party transactions requiring disclosure.
Research Solutions also terminated Sefton Cohen from the position of chief revenue officer effective July 31, 2026.
Positive
- None.
Negative
- Termination of Chief Revenue Officer Sefton Cohen effective July 31, 2026, removes a senior revenue leader without naming a replacement in this disclosure.
Insights
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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.
Key Figures
CFO base salary: $275,000 per year
CFO target bonus: $55,000 per year
CFO appointment date: July 28, 2026
+2 more
5 metrics
CFO base salary
$275,000 per year
Annual base salary for Chief Financial Officer under Employment Agreement dated July 30, 2026
CFO target bonus
$55,000 per year
Maximum annual bonus opportunity if performance milestones are met
CFO appointment date
July 28, 2026
Effective date of appointment of Dave Kutil as Chief Financial Officer
CRO termination date
July 31, 2026
Effective date Research Solutions terminated Sefton Cohen as Chief Revenue Officer
CFO age
42 years
Age of Dave Kutil at time of appointment as Chief Financial Officer
Key Terms
Emerging growth company, Chief Revenue Officer, Employment Agreement, Regulation S-K
4 terms
Emerging growth company regulatory
"May be deemed an Emerging growth company under Rule 405 or Rule 12b-2"
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.
Chief Revenue Officer financial
"Terminated Sefton Cohen from the position of Chief Revenue Officer"
A chief revenue officer is a top executive responsible for overseeing all aspects of generating income for a company, including sales, marketing, and customer relationships. They develop strategies to attract and retain customers, much like a coach guiding a team to score more points. Investors pay attention to this role because it directly influences the company's growth and profitability.
Employment Agreement financial
"Entered into an employment agreement with Mr. Kutil, the Employment Agreement"
Regulation S-K regulatory
"Material interest that is reportable under 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What executive change did RSSS announce regarding its CFO?
Research Solutions appointed Dave Kutil as chief financial officer effective July 28, 2026, moving him from interim to permanent status. He had served as interim CFO and secretary since December 10, 2025, and previously was the company’s global controller.
What is Dave Kutil’s compensation as CFO of RSSS?
Under his employment agreement, Kutil receives an annual base salary of $275,000 and is eligible for an annual bonus of up to $55,000 if performance milestones are met. The agreement is dated July 30, 2026 and includes customary employment terms.
What prior roles has Dave Kutil held before becoming CFO of RSSS?
Before becoming CFO of RSSS, Kutil was the company’s global controller from March 2023 to December 2025. He previously served as controller at Lesaffre Yeast Corporation and as director of accounting and external reporting for Badger Meter, a metering products manufacturer.
What change did Research Solutions (RSSS) make to its Chief Revenue Officer role?
Research Solutions terminated Sefton Cohen from the position of chief revenue officer effective July 31, 2026. The disclosure notes only the termination from the role and does not describe circumstances or identify a successor.
When was Dave Kutil’s employment agreement with Research Solutions dated?
Dave Kutil’s employment agreement with Research Solutions is dated July 30, 2026. It provides for a $275,000 annual base salary and an annual bonus opportunity of up to $55,000, contingent on achieving specified performance milestones.