Nomadar Corp. 8-K

What Happened Nomadar Corp. announced on July 6, 2026 (effective July 3, 2026) that its board appointed Joaquin Martin — Nomadar’s Chief Executive Officer of the Americas & Global Vice‑Chairman — as a director. The appointment, made following the Nominating and Corporate Governance Committee’s recommendation, is effective until the next annual meeting of stockholders or until a successor is elected. In connection with this appointment, Manuel Vizcaino resigned as co‑chairman and as a member of the board; his resignation was not due to any disagreement with the company.

Key Details

• Appointment date effective: July 3, 2026.
• Appointee: Joaquin Martin, age 55; current roles include Chief Executive Officer of the Americas & Global Vice‑Chairman (since Dec 2025).
• Term: Mr. Martin serves until the Company’s next annual meeting or until his successor is qualified.
• Compensation: Mr. Martin will not receive additional director pay and will continue to be paid under his existing employment agreement (dated Dec 8, 2025), previously disclosed.
• Resignation: Manuel Vizcaino resigned as co‑chairman and director; resignation not due to any disagreement over company operations, policies, or practices.

Why It Matters Board composition changes affect corporate governance and leadership continuity. Investors should note the board gained an experienced internal executive with industry and communications background—strengthening operational and strategic alignment between management and the board—while the company lost a co‑chairman. There were no disclosed disagreements or related‑party transactions beyond Mr. Martin’s previously reported employment agreement.