Management ChangeApr 30, 2026, 05:32 PM
XPON Details 2025 Executive Compensation, New CEO & CFO
AI Summary
Expion360 Inc. filed an Amendment No. 1 to its Form 10-K to include Part III information, which was previously omitted. This amendment details executive compensation for 2025 and formalizes management changes, including the appointments of Joseph Hammer as CEO and Chairman, Shawna Bowin as CFO, and Carson Heagen as COO. It also discloses severance payments to former executives Brian Schaffner and Paul Shoun, along with their total 2025 compensation.
Key Highlights
- Joseph Hammer appointed CEO & Chairman in Oct 2025 with $330,000 annual base salary.
- Shawna Bowin appointed CFO in Sep 2025 with $192,000 annual base salary.
- Carson Heagen appointed COO in Apr 2025 with $180,000 annual base salary.
- Former CEO Brian Schaffner received $564,800 severance; total 2025 compensation $1,299,084.
- Former President Paul Shoun received $564,800 severance; total 2025 compensation $1,345,418.
- CFO Shawna Bowin's total 2025 compensation was $641,514.
- COO Carson Heagen's total 2025 compensation was $785,842.
- Company granted 2025 equity awards including 105,000 RSUs and 188,278 stock options.