Management ChangeJul 24, 2026, 04:08 PM
CEA Industries Appoints Interim President & Principal Executive Officer
AI Summary
CEA Industries Inc. has formalized the appointment of Alex Odagiu as Interim President and Board member through a consulting agreement with W4 LLC, effective July 20, 2026. Under this agreement, the company will pay W4 LLC a monthly fee of $25,000 for Odagiu's services, requiring 32 hours per week. Additionally, William B. Miller, the current CFO, was appointed Interim Principal Executive Officer on July 22, 2026, without additional compensation for this role.
Key Highlights
- Alex Odagiu appointed Interim President and Board member effective June 23, 2026.
- Company entered Consulting Agreement with W4 LLC for Odagiu's services on July 20, 2026.
- Company will pay W4 LLC a monthly fee of $25,000 for Odagiu's Interim President services.
- Odagiu is committed to providing 32 hours per week as Interim President.
- William B. Miller appointed Interim Principal Executive Officer on July 22, 2026.
- Miller will not receive additional compensation for his role as Interim Principal Executive Officer.
- Consulting Agreement term is until a new CEO is appointed, with specific termination clauses.
Price Impact
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