Elsa Sung was named Chief Financial Officer of Nixxy, Inc. As of November 6, 2026, Nixxy, Inc. has reported 4 leadership change filings to the SEC under Item 5.02 of Form 8-K, from July 9, 2026 to October 23, 2026, naming 3 appointments and 4 departures (Form 8-K, September 4, 2026).
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Key facts
- · In / out: In · Person: Robert Reda · Role: Director · 8-K, 2026-10-23
- · In / out: Out · Person: Ashissh Raichura · Role: Director · 8-K, 2026-09-04
- · In / out: Reported · Person: not named in the filing · 8-K, 2026-09-01
- · In / out: Out · Person: Mike Schmidt · Role: Chief Executive Officer · 8-K, 2026-07-09
Nixxy, Inc. reported changes in 4 filings among its directors and officers to the SEC on Form 8-K, Item 5.02, from 2026-07-09 to 2026-10-23. They name 6 people, with 3 appointments and 4 departures. Every row below is cited to the filing it comes from, and this page adds each new change as Nixxy, Inc. files it.
Also on the record for Nixxy, Inc.
| Date | Record | Figure | Our page | Source |
|---|---|---|---|---|
| August 25, 2026 | Stake report, Schedule 13G, by NexGenAI Holding Group, Inc. | 4.79% of the class | 5%+ stakes | Source |
| April 9, 2026 | Stake report, Schedule 13G, by NexGenAI Holding Group, Inc. | 7.79% of the class | 5%+ stakes | Source |
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Timeline
| Filed | In / out | Person | Role | Effective | Source |
|---|---|---|---|---|---|
| 2026-10-23 | In | Director | 8-K, 2026-10-23 | ||
| 2026-10-23 | Out | Director | 8-K, 2026-10-23 | ||
| 2026-09-04 | Out | Director | 8-K, 2026-09-04 | ||
| 2026-09-04 | Out | Director | 8-K, 2026-09-04 | ||
| 2026-09-04 | In | Chief Financial Officer | 8-K, 2026-09-04 | ||
| 2026-09-01 | Reported | not named in the filing | 8-K, 2026-09-01 | ||
| 2026-07-09 | Out | Chief Executive Officer | 8-K, 2026-07-09 | ||
| 2026-07-09 | In | Chief Executive Officer | 8-K, 2026-07-09 |
Who leads Nixxy, Inc., as last reported?
For each role that changed in the filings below, the most recent change reported. A role that did not change in these filings is not listed.
- Director: Robert Reda, appointed (filed 2026-10-23).
- Chief Financial Officer: Elsa Sung, appointed (filed 2026-09-04).
- Chief Executive Officer: Mike Schmidt, departure reported (filed 2026-07-09). No successor is named in these filings.
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Find candidates like Director at Nixxy, Inc.Every change, in the filing's words
Appointed: Robert Reda, Director
On October 19, 2026, the Board of Directors (the "Board") of Nixxy, Inc. (the "Company") appointed Robert Reda as a member of the Board effective immediately.
Departing: Lillian Mbeki, Director
On October 19, 2026, Lillian Mbeki resigned as a member of the Board, effective immediately prior to the appointment of Robert Reda.
- Mr. Reda has been appointed to serve as Chair of the Nominations Committee of the Board and as a member of the Audit Committee and the Compensation Committee.
Departing: Ashissh Raichura, Director
On August 31, 2026, Ashissh Raichura resigned as a member of the Board of Directors (the "Board") of Nixxy, Inc. (the "Company"), effective immediately.
Departing: Elsa Sung, Director
On August 31, 2026, Elsa Sung resigned from her position as Chairwoman of the Audit Committee (the "Audit Committee") of the Board, effective immediately. 2 Appointment of Director; Appointment of Chairman of the Audit Committee On August 31, 2026, the Board appointed Joe Conlon as a member of the Board and Chairman of the Audit Committee, effective immediately.
Appointed: Elsa Sung, Chief Financial Officer
On August 31, 2026, the Board appointed Elsa Sung, age 52, who currently serves as a member of the Board, as Chief Financial Officer of the Company, effective immediately.
- Mr. Raichura's resignation did not result from any disagreement with the Company on any matter relating to the Company's operations, policies or practices.
- As compensation for his appointment as a member of the Board and Chairman of the Audit Committee, Mr. Conlon was granted (a) 50,000 shares of common stock under the Company's 2024 Equity Incentive Plan (the "Plan"); and (b) for each year of service, beginning for and pro-rated for the current year, and for each year that Mr. Conlon continues to be a member of the Board, 50,000 shares of common stock that vest in four even quarterly payments; and (c) a monthly payment of $3,000.
- Ms. Sung will continue to serve as a member of the Board but has resigned from her position as Chairwoman of the Audit Committee.
- Ms. Sung has more than 20 years of financial and accounting experience, including serving as Chief Financial Officer of a Nasdaq-listed company.
- Since February 2017, she has been a Managing Member of Canvas Group, Inc., a financial advisory and consulting firm.
- She previously served as Chief Financial Officer of Jiangbo Pharmaceuticals, Inc. (Nasdaq: JCBO) and held audit roles at Ernst & Young LLP and Sherb & Co. Ms. Sung holds an MBA and a Bachelor of Science in Accounting from Florida Atlantic University.
- She is a licensed CPA in the State of Georgia (inactive).
- She has served as on the Board since January 2025.
Reported
On August 28, 2026, the Board of Directors of Nixxy, Inc., a Nevada corporation (the "Company"), terminated the employment of MeiLin Yu, the Company's Chief Financial Officer, effective immediately.
Departing: Mike Schmidt, Chief Executive Officer
(b) Resignation of Chief Executive Officer and Director On July 2, 2026, Mike Schmidt notified Nixxy, Inc. (the "Company") of his decision to resign as Chief Executive Officer of the Company and as a member of the Company's Board of Directors (the "Board"), effective immediately.
Appointed: David Kratochvil, Chief Executive Officer
(c) Appointment of Chief Executive Officer On July 2, 2026, the Board appointed David Kratochvil, age 60, who currently serves as a member of the Board, as the Company's Chief Executive Officer.
- Mr. Schmidt's resignation did not result from any disagreement with the Company on any matter relating to the Company's operations, policies or practices.
- Mr. Kratochvil will continue to serve as a member of the Board.
- Mr. Kratochvil has been serving on the Board since January 2025.
- Mr. Kratochvil has over thirty years of Wall Street experience ranging from venture capital, private equity and emerging market equity investing to investment banking and structuring tax-advantaged deals.
- Since January 2017, Mr. Kratochvil has served as the managing partner of Vista Capital Advisors, where he consults on various projects and serves as an outsourced chief financial officer for early-stage companies.
- Since April 2024, he has also served as chief financial officer of Pertexa Health Tech Inc. From April 2023 until April 2024, Mr. Kratochvil served as chief financial officer of Northann Corp (NYSE: NCL).
- Since January 2020, he has also served as Managing Director of Kenmar Securities, LLC, an investment bank focusing on life science, technology and real estate transactions.
- From January 2019 until December 2021, Mr. Kratochvil served as Chief Executive Officer of Ikigai Biotech Group, Inc., a development-stage biotechnology company focused on using 3D bioprinting to address Type 1 diabetes and kidney disease.
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Where this comes from
A public company must file a current report on Form 8-K with the SEC within four business days when a director leaves or is elected, or when its chief executive, chief financial, chief accounting or chief operating officer, or another named executive, departs or is appointed. That disclosure goes under Item 5.02 of the report.
Every change on this page is taken from one of those filings and quoted in the company's own words, with a link to the filing, so it can be checked at the source. Where a filing names the person, the role and the date a change takes effect, they are shown beside the quote. Where it does not, the quote stands on its own. A filing states what changed; it rarely states why, and neither does this page.