8-KFiled Aug 20, 8:00 PM ET

Sky Quarry Inc. Appoints New Chief Financial Officer

$SKYQ · Sky Quarry Inc.

Research Summary

AI-generated summary of this SEC filing

Updated

Sky Quarry Inc. Appoints New Chief Financial Officer

What Happened
Sky Quarry Inc. announced on August 18, 2026 that its Board appointed Heidi C. Bowman as Chief Financial Officer, effective immediately. Ms. Bowman brings more than 20 years of strategic finance and private equity experience, including prior CFO roles at Hillair Capital (May 2010–Dec 2025) and various portfolio companies. The company filed an Employment Offer Letter as part of the 8‑K.

Key Details

  • Appointment effective: August 18, 2026.
  • Base salary: $18,500 per month, payable under the company’s normal payroll practices.
  • Bonus and equity: Eligible for quarterly bonuses payable in cash, equity, or both at the Compensation Committee’s discretion; any equity awards subject to the company’s 2026 Omnibus Stock Plan (or successor).
  • Employment terms: At‑will employment; either party may terminate with at least 30 days’ prior written notice.
  • Background: Ms. Bowman holds a B.A. in Economics from UCLA and is a (inactive) CPA in California. No family relationships or reportable related‑party transactions were disclosed.

Why It Matters
Replacing or adding a CFO changes the company’s financial leadership and could affect how Sky Quarry manages reporting, capital allocation and potential equity‑based incentives. Investors should note the cash salary and the potential for equity compensation (which could affect share dilution if used), the at‑will employment structure, and that the role reports directly to the CEO. The Offer Letter is filed as an exhibit to the 8‑K for further review.