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. Effective March 25, 2026, the Board of Directors has appointed Bill Bauer to serve as the Chief Operating Officer of the Company.…
Filed Mar 26, 2026Accepted Mar 26, 2026, 5:00 PM EDTCIK 722572Accession 0001683168-26-002263
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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.
Effective March 25, 2026, the Board of Directors
has appointed Bill Bauer to serve as the Chief Operating Officer of the Company. Bill has served as General Counsel and Director of Strategic
planning for the Company since January 2020 and also served as Interim CFO from September 2022 until January 1, 2025.
Prior to joining Franklin, Bill served as in-house
legal counsel and senior finance executive across various industries in California and Texas. Bill has over 15 years of experience in
finance and executive management. Bill also holds a Master’s degree in Business Administration from San Diego State University and
a Juris Doctorate from California Western School of Law. Bill is also a member of both the California and Texas State Bars.