8-KFiled Aug 16, 8:00 PM ET

Edible Garden AG Inc Appoints New CFO Jonathan Gutoski

$EDBL · Edible Garden AG Inc

Research Summary

AI-generated summary of this SEC filing

Updated

Edible Garden AG Inc Appoints New CFO Jonathan Gutoski

What Happened
Edible Garden AG Inc filed a Form 8‑K (Item 5.02) on Aug 17, 2026 reporting that Interim Chief Financial Officer Kostas Dafoulas resigned effective Aug 14, 2026 and will provide transition/advisory services under an Advisory Engagement Agreement dated Aug 11, 2026. The company appointed Jonathan Gutoski (age 42) as Chief Financial Officer effective Aug 17, 2026; he had served as Controller since June 2026 and will lead finance, accounting, reporting, treasury and internal controls.

Key Details

  • Kostas Dafoulas resigned as Interim CFO effective August 14, 2026; will provide transition services per an Aug 11, 2026 Advisory Engagement Agreement.
  • Jonathan Gutoski appointed CFO effective August 17, 2026; previously Controller (since June 2026).
  • Compensation for Mr. Gutoski: $220,000 base salary, $10,000 signing bonus, and eligibility for a discretionary bonus up to 25% of base salary (prorated for 2026).
  • Background: roles include Interim CFO/Controller at NowCFO (Jan 2025–Jun 2026), CFO at Design House Corp (Jun 2023–May 2024), Multi‑Site Controller at Merck KGaA (Jan 2020–Jun 2023); holds accounting degrees and an MBA.

Why It Matters
A permanent CFO appointment creates leadership continuity for Edible Garden’s financial operations and oversight of reporting and internal controls—areas important to investors assessing governance and financial risk. The filing documents the transition plan (advisory services from the departing interim CFO) and the new CFO’s compensation and background, giving investors concrete details about management stability and potential cost implications.