SenesTech Inc.
10/21/2025 | Press release | Distributed by Public on 10/21/2025 14:04
Management Change/Compensation (Form 8-K)
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On October 15, 2025, Michael Edell was appointed as Interim Chief Operating Officer of our company.
Mr. Edell, age 62, founded Westlake Serial Company, LLC in January 2018 and currently serves as a member of its board of directors. Westlake Serial Company, LLC was founded to provide private label consumer package goods in the eco-friendly home cleaning space in addition to providing services to support companies in commercializing existing technologies into consumer-facing products. In April 2025, Mr. Edell also founded Rancher's Pride, LLC, a wagyu beef-based pet treat company, and currently serves as a member on its board of directors. In March 2008, Mr. Edell founded MaddieBrit Products, LLC, a consumer package goods products company in the eco-friendly home cleaning space, and served as a member of its board of directors until the company was sold in March 2025. In June 2021, Mr. Edell founded Waterleaf Paper Company, a dissolvable wrapping paper company, and served as a member of its board of directors until it was sold in March 2024. Mr. Edell received his bachelor's degree from California State University.
Mr. Edell has no family relationship with any of the executive officers or directors of our company. There are no arrangements or understandings between Mr. Edell and any other person pursuant to which he was elected as an officer of our company.
Mr. Edell will receive compensation of $30,000 per month and will be eligible for bonus compensation at the discretion of our Board of Directors. Mr. Edell will be eligible for reimbursement on all reasonable business expenses incurred in the ordinary course of business. Due to the interim nature of the position, Mr. Edell will not be eligible for standard benefits including, but not limited to, health insurance, retirement plans, paid time off, or other fringe benefits, except as required by California law. Similarly, Mr. Edell will not be entitled to, nor eligible for, severance pay, separation pay, or any other post-termination compensation. Mr. Edell will enter into a form of indemnification agreement applicable to our directors and officers.
SenesTech Inc. published this content on October 21, 2025, and is solely responsible for the information contained herein. Distributed via Edgar on October 21, 2025 at 20:04 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]