Management ChangeAug 5, 2026, 12:56 PM
ONE STOP SYSTEMS VP of Sales Retires, Transitions to Consultant
AI Summary
ONE STOP SYSTEMS, INC. announced that Robert Kalebaugh retired from his role as VP of Sales, effective July 31, 2026. In connection with his retirement, the company entered into an amended and restated employment agreement with Mr. Kalebaugh. Concurrently, Mr. Kalebaugh transitioned to an independent contractor role, entering into a consulting agreement to provide part-time strategic counsel and other services to the company for an initial term of one year, with automatic renewals.
Key Highlights
- Robert Kalebaugh retired from his position as VP of Sales, effective July 31, 2026.
- The Company entered into an amended and restated employment agreement with Mr. Kalebaugh.
- Mr. Kalebaugh will serve as an independent contractor providing part-time consulting services.
- The consulting agreement is effective July 31, 2026, with a term through July 31, 2027, and automatic renewals.
- Consulting services include high-level strategic counsel and other support.
- Compensation for consulting services will be discretionary performance-based equity awards.
- Outstanding unvested restricted stock awards will continue to vest during the consulting term.
Price Impact
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