Leadership & Pay ·
On July 2, 2026, Mike Schmidt resigned as CEO and director of Nixxy, Inc. The Board immediately appointed director…
NIXXWNixxy, Inc.
On July 2, 2026, Mike Schmidt resigned as CEO and director of Nixxy, Inc. The Board immediately appointed director David Kratochvil as CEO. Kratochvil's employment agreement includes an annual base salary of $180,000 and an equity award of 100,000 stock units, with 50,000 vesting immediately and the remainder vesting quarterly over twelve months. Additionally, the company received notification from Nasdaq on July 2, 2026, that it has regained compliance with the Minimum Bid Price Requirement (Rule 5550(a)(2)) after the closing bid price remained at or above $1.00 for 10 consecutive business days from June 17 to July 1, 2026. Nixxy, Inc. is an emerging growth company listed on the NASDAQ Capital Market.