Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Appointment of Chief Operating Officer and Deputy Chief Executive Officer On July 6, 2026, the Board of Directors (the “Board”) of Sadot Group Inc.…
Sadot Group Inc. (Nasdaq: SDOT) is an agri-food and commodity supply chain company. In June 2026, the Company acquired the TradeOS commodity trading and risk management platform, which it uses in its trading operations. For more information, visit www.sadotco.com. Information contained on, or accessible through, the Company’s website is not incorporated by reference into, and does not form a part of, this press release.
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Item 5.02Item 5.02 - Departure/Election of Directors
Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Appointment of Chief Operating Officer and Deputy
Chief Executive Officer
On July 6, 2026, the Board of Directors (the “Board”)
of Sadot Group Inc. (the “Company”) appointed Aleksandr Zhandov to serve as the Company’s Chief Operating Officer and
Deputy Chief Executive Officer. Mr. Zhandov will report to the Company’s Chief Executive Officer, who will continue to serve as
the Company’s principal executive officer.
Mr. Zhandov, age 44, has served since August 2021
as an independent consultant based in Santa Monica, California, providing advisory and consulting services relating to market research,
cybersecurity and cybercrime investigation, cyber risk assessment, digital forensics, and technology strategy for private clients and
organizations in the United States. From May 2011 to May 2024, Mr. Zhandov held engineering roles at Archway Computer in the Los Angeles
metropolitan area, serving as a System Engineer and Senior System Engineer with responsibility for cybersecurity operations and information
technology infrastructure support, and from December 2011 to August 2021 he also served as a Technical Account Manager at Archway Computer.
Mr. Zhandov received a Bachelor’s degree in Computer Science from IT Step Computer Academy. Mr. Zhandov has extensive professional
experience in the information technology and cybersecurity sectors, with a focus on systems engineering, infrastructure management, and
enterprise security solutions.
There are no arrangements or understandings between
Mr. Zhandov and any other person pursuant to which he was appointed as an officer of the Company. There are no family relationships between
Mr. Zhandov and any director or executive officer of the Company that would require disclosure under Item 401(d) of Regulation S-K. There
are no transactions between the Company and Mr. Zhandov, and no proposed transactions, that would require disclosure under Item 404(a)
of Regulation S-K.
Employment Agreement
In connection with his appointment, the Company and
Mr. Zhandov entered into an Employment Agreement, dated as of July 6, 2026 (the “Employment Agreement”). The material terms
of the Employment Agreement are summarized below.
Pursuant to the Employment Agreement, Mr. Zhandov
will serve as the Company’s Chief Operating Officer and Deputy Chief Executive Officer, reporting to and subordinate to the Company’s
Chief Executive Officer. Mr. Zhandov’s employment is “at-will,” meaning that either the Company or Mr. Zhandov may terminate
the employment relationship at any time, for any reason or no reason, with or without cause, and with or without notice. Mr. Zhandov will
receive an annual base salary of $120,000. He will be eligible to receive discretionary annual performance bonuses and discretionary equity
awards under the Company’s equity incentive plan(s), in each case as determined by the Board (or a committee thereof) in its sole
discretion, and to participate in the Company’s employee benefit plans in accordance with their terms. No bonus or equity award
is granted under the Employment Agreement.
Upon any termination of employment, Mr. Zhandov
will be entitled to receive his accrued but unpaid base salary, accrued but unused vacation (to the extent required by Company
policy or applicable law), and unreimbursed business expenses through the date of termination. The Employment Agreement does not
provide for severance payments. The Employment Agreement also contains customary confidentiality, non-competition, non-solicitation,
intellectual property assignment, return-of-property, and cooperation covenants, as well as a clawback provision consistent with the
Company’s recoupment policy and applicable law and listing standards.
The foregoing description of the Employment Agreement
does not purport to be complete and is qualified in its entirety by reference to the full text of the Employment Agreement, a copy of
which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.