Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Appointment of Chief Financial Officer
On April 22, 2021 (the "Effective Date"), the Board of Directors (the "Board")
of Unique Logistics International, Inc., appointed Mr. Eli Kay as the Company's
Chief Financial Officer (the "Appointment").
Eli Kay, age 54
Eli Kay combines over 25 years of experience in finance and accounting. Mr. Kay
joined Unique Logistics International Inc. in February 2021 as an Assistant
Chief Financial Officer. He is responsible for all aspects of financial
management of the company, including required Securities and Exchange Commission
reporting and compliance. Prior to joining Unique, from October 2019 to November
2020, Eli served as a CFO for Transit Wireless LLC, an exclusive provider of
wireless infrastructure in the New York City Subway. Prior to that, from
December 2016 to October 2019, he served as a CFO at JFKIAT, a joint venture
between Delta Airlines and Royal Schiphol Group created with purpose of building
and managing Terminal 4 at JF Kennedy International Airport. His previous
experiences included oversight of complex private and municipal budgets serving
as CFO and Treasurer for San Mateo County Transit District (commuter rail,
highway, and bus system) from January 2016 to December 2016 as well as a private
equity CFO for the Chicago Skyway and the Indiana Toll Road Concession Companies
(privately operated toll road infrastructure) in Chicago, IL, from November 2013
to January 2016. Prior to that Mr. Kay held various senior management positions
in finance and accounting with several large publicly traded companies from 2006
to 2013. Mr. Kay began his career in public accounting in 1997, spending almost
4 years with Moss Adams LLP and 6 years with PricewaterhouseCoopers LLP. Mr. Kay
holds a Bachelor's in Accounting from the University of Oregon and completed a
Master's in Business Administration in Finance, from the University of Oregon.
He is a Certified Public Accountant
Mr. Kay does not have any family relationship with any director or executive
officer, or a person nominated to be a director or executive officer of the
Company. Mr. Kay has not engaged in any transactions with the Company that are
required to be disclosed under Item 404(a) of Regulation S-K, nor have any such
transactions been proposed. There are no arrangements or understandings between
Mr. Kay and any other person(s) pursuant to which Mr. Kay was appointed as the
Company's President and Chief Executive Officer.
The Company is finalizing an employment agreement with Mr. Kay setting forth,
among other things, Mr. Kay's compensation in connection with the Appointment.
The Company will file an amendment to this Current Report on Form 8-K once such
employment agreement is finalized.
--------------------------------------------------------------------------------
© Edgar Online, source Glimpses