Safe Harbor Financial Secures Key Executive Team with Strategic Contract Extensions
SHF Holdings, Inc. - Class A (SHFS)
Company Research
Source: GlobeNewswire
GOLDEN, Colo., Sept. 04, 2024 (GLOBE NEWSWIRE) -- SHF Holdings, Inc., d/b/a/ Safe Harbor Financial (“Safe Harbor” or the “Company”) (NASDAQ: SHFS), a leader in facilitating financial services and credit facilities to the regulated cannabis industry, today announced extensions to the contracts of three key executives and a restructuring of their compensation packages. The restructured agreements include Sundie Seefried, President / CEO, extended for one year through September 2025; Dan Roda, extended through June 30, 2025; and Tyler Beuerlein, whose term remains unchanged, continuing through February 2025. Beuerlein serves as the company’s Chief Strategic Business Development Officer; Roda transitions into the newly created role of Chief Credit Officer, focusing on the company’s lending and loan participation business lines. As part of the restructuring, the Company will realize an initial cost savings of $350,000 as the new compensation structure reduces base pay in favor of incen
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SHFS
News
- Safe Harbor Financial Originates $1,500,000 Secured Credit Facility for Missouri Cannabis Operator [Yahoo! Finance]Yahoo! Finance
- Safe Harbor Financial Originates $1,500,000 Secured Credit Facility for Missouri Cannabis OperatorGlobeNewswire
- Safe Harbor Financial Announces Temporary Pause in Principal Payments and Ongoing Discussions to Modify Promissory Note with PCCU [Yahoo! Finance]Yahoo! Finance
- Safe Harbor Financial Announces Temporary Pause in Principal Payments and Ongoing Discussions to Modify Promissory Note with PCCUGlobeNewswire
- Safe Harbor Financial Commences CEO Succession and Strategic Planning InitiativeGlobeNewswire
SHFS
Sec Filings
- 2/14/25 - Form 3
- 2/3/25 - Form 8-K
- 1/29/25 - Form 8-K
- SHFS's page on the SEC website