Olenox Industries Appoints Interim CFO Kimberly Hawley

What Happened

• Olenox Industries, Inc. (OLOX) announced in an 8‑K that its Board appointed Kimberly Hawley as Interim Chief Financial Officer. The appointment was disclosed on July 24, 2026, and the Employment Agreement covers an initial term from July 6, 2026 through December 31, 2026.

Key Details

• Base salary: $250,000 per year.
• Equity: Restricted stock grant under the company’s Stock Incentive Plan valued at $50,000, vesting quarterly on a pro‑rata basis over 18 months of continuous service.
• Contract terms: one‑year post‑termination non‑compete and non‑solicit obligations and confidentiality provisions.
• Background: Ms. Hawley, age 57, has 30+ years of financial leadership across energy, oil & gas, logistics, environmental services and Nasdaq‑listed companies; she currently serves as EVP, CFO and Treasurer of Vivakor and will continue in that role. The full Employment Agreement is filed as Exhibit 10.1 to the 8‑K.

Why It Matters

• For investors, this is a material leadership change at the finance function: an experienced CFO can affect financial reporting, capital markets access, and strategic finance activities. Compensation and equity terms signal the company’s commitment period (through year‑end) and incentives for continued service. The non‑compete and confidentiality clauses are standard protections for the company; Ms. Hawley’s concurrent role at Vivakor is disclosed, and the filing states there are no related‑party transactions or family ties requiring additional disclosure.