Summary by Moomoo AI
On December 21, 2023, Eric Mosser resigned from his roles as Chief Executive Officer, President, and a member of the board of directors at Kaival Brands Innovations Group, Inc. The resignation was not due to any disagreements with the company or its board. Concurrent with his resignation, Mosser entered into an amendment to his employment agreement, transitioning to a Senior Advisor role within the company and assuming the CEO position at Kaival International Brands, LLC, a subsidiary of Kaival Brands Innovations. Barry M. Hopkins, the Executive Chairman, was appointed as the Interim CEO and President on December 22, 2023, until a permanent successor is found. Hopkins has no familial ties to the board or executive officers and is not involved in any transactions that would necessitate disclosure under SEC regulations.