NextBoat Inc. Director Resigns; Zebulon Z. Hadley Appointed

What Happened NextBoat Inc. filed an 8-K on July 23, 2026 reporting that director Michael Kosloske resigned, effective 5:00 p.m. ET on July 17, 2026, and that the Board appointed Zebulon Z. Hadley, IV as a director effective July 23, 2026. The filing states Mr. Kosloske’s resignation was not due to any disagreement with the Company. Mr. Hadley has been named Chair of the Board’s Compensation Committee.

Key Details

• Resignation: Michael Kosloske resigned effective July 17, 2026 at 5:00 p.m. Eastern Time; not due to any disagreement with the Company.
• Appointment: Zebulon Z. Hadley, IV was appointed by unanimous written consent on July 23, 2026 and will serve until the next annual meeting and until a successor is elected or earlier removal/resignation.
• Background: Mr. Hadley, age 44, is President & CEO of National Coatings, Inc. since June 2006; previously founded Xstream Pressure Cleaning (2003–2012); studied at North Carolina State University (2001–2003).
• Governance/Compensation: Mr. Hadley was appointed Chair of the Compensation Committee; standard non-employee director compensation will apply. The filing reports no arrangements, family relationships, or reportable related-party transactions involving Mr. Hadley.

Why It Matters Board composition and committee leadership affect corporate governance and oversight. Investors should note the replacement of a board member and the appointment of an experienced CEO to the board — now chairing the Compensation Committee — which could influence executive pay and governance practices. The filing indicates no conflicts or disagreements tied to the change, and the appointment appears to be a routine governance update rather than a result of operational dispute.