Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On February 25, 2023, Paris Balaouras, the Company's Chief Executive Officer and
Chairman of the Board of Directors, submitted his resignation as Chief Executive
Officer and Chairman of the Board of Directors effective as of February 25,
2023. Mr. Balaouras' decision to resign is not the result of any disagreement
with the Company on any matter relating to the Company's operations, policies or
practices.
Tom Valenzuela will act as interim Chairman of the board effective as of
February 25, 2023. The Company's board of directors will manage the business
while a search commences for a replacement Chief Executive Officer.
On February 24, 2023, the Company's board of directors appointed Patricia
Chinnici as interim Chief Financial Officer, effective as of February 25, 2023.
Patricia Chinnici
From 1998 until the present, Ms. Chinnici has performed as an outsourced
financial consultant through her business, Trillium Group, concentrating on
providing financial and controller services focused on bookkeeping, budgeting
and financial reporting as the Chief Financial Officer for a range of
businesses. Ms. Chinnici holds a BBA in Accounting from the University of
Michigan - Stephen M. Ross School of Business.
2
© Edgar Online, source Glimpses
MJ HOLDINGS, INC. 
