(b) On March 9, 2020, Lawrence Fensterstock, Senior Vice President and Chief Financial Officer, informed the Board of Directors of his intention to retire effective June 30, 2020 and that he will be resigning as Chief Financial Officer as of close of business on March 31, 2020. In addition, on March 9, 2020, the Board of Directors elected Steven Gargano as Senior Vice President and Chief Financial Officer effective April 1^st. The Company’s press release announcing these events is attached to this report as Exhibit 99.1 and is incorporated by reference to this Item 5.02.

(d) Exhibits

CREDITRISKMONITOR COM INC Exhibit
EX-99.1 2 ex99_1.htm EXHIBIT 99.1 Exhibit 99.1 NEWS RELEASE   CONTACT: CreditRiskMonitor.com,…
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About CreditRiskMonitor.com, Inc. (OTCMKTS:CRMZ)

CreditRiskMonitor.com, Inc. (CRMZ) provides an interactive business-to-business Internet-based service for corporate credit professionals. The Company focuses on services facilitating the analysis of corporate financial risk, in the context of the extension of trade credit from one business to another; the management by businesses of relationships with suppliers, and/or the management by businesses of counter-party (such as buying and selling) relationships. CRMZ is a Web-based publisher of financial information, that helps corporate credit and procurement professionals manage financial risk. It publishes commercial credit reports covering public companies across the world. In addition, it is a re-distributor of international credit reports in the United States. Its service uses e-mail to push selected information to subscribers. These e-mails include continuously filtered news monitoring that keeps subscribers up to date on events.