Leadership & Pay ·
William Witherspoon appointed CFO; interim CEO steps down from finance role
ADBTAdvasa Holdings, Inc.
Advasa Holdings, Inc. has appointed William Witherspoon as its new Chief Financial Officer, effective October 6, 2026. Witherspoon, who previously served as an independent director and Audit Committee member, will also join the board as a non-independent director while stepping down from his committee roles. Grady Ryther, the Company’s Chief Executive Officer, will step down from his position as interim CFO, which he held since August 27, 2026. Under the employment agreement, Witherspoon will receive an annual base salary of $200,000 and is eligible for discretionary bonuses and equity grants. The company operates in the asset acquisition and real estate development sector.