Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Resignation of Heather Kearns

On November 19, 2019, Heather Kearns tendered her resignation as Chief Executive Officer and Chief Financial Officer of Canfield Medical Supply, Inc. (the "Company") effective immediately.

Appointment of John Matthias Lepo as interim Chief Executive Officer and Chief Financial Officer

On November 20, the Board appointed John Matthias Lepo, a member of the Board, to serve as interim Chief Executive Officer and Chief Financial Officer of the Company until his successor is named by the Board.

Mr. Lepo, age 78, has since 1998 been President of Battersea Capital Inc. offering consulting services to small businesses including corporate finance and advisory functions as well as advising on businesses entering the public markets. Mr. Lepo has a Bachelor of Science in Economics from Saint Mary's University of Minnesota.

There is no family relationship between Mr. Lepo and the Company's officers and directors. Other than the employment terms described above, Mr. Lepo and the Company have not entered into any transaction, nor is any transaction proposed, which would require disclosure pursuant to Item 404(a) of Regulation S-K.

© Edgar Online, source Glimpses