LM FUNDING AMERICA, INC. (NASDAQ:LMFA) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02.Departure of Directors or Certain Officer; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On August 21, 2017, LM Funding America, Inc. (the “Company”) announced the resignation of its Chief Financial Officer, Stephen Weclew.Mr. Weclew has accepted a similar position with a much larger company.Mr. Weclew was instrumental in the Company successfully going public back in 2015.The Company greatly values Mr. Weclew’s in depth knowledge and experience with the Company.To retain continuity, Mr. Weclew will continue with the company as an advisor to the Board of Directors and Audit Committee and is expected to be elected officially to those positions at the next shareholder meeting.Mr. Greg Gist has been promoted to the position of Vice President, Chief Accounting Officer for the Company.Mr. Gist received his master’s in accountancy from the University of South Florida in 2005 and is a Certified Public Accountant.Upon graduation from USF, Mr. Gist served as an external auditor for KPMG for approximately five years.Prior to joining the Company in January 2016, Mr. Gist worked in the Corporate Accounting Division for Gerdau, an international steel leader with industrial operations in over 14 countries worldwide.
