UNITED STATES
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FORM
CURRENT REPORT
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On August 24, 2023, Aura Systems, Inc. (the “Company”) announced that it had appointed Gary Campbell as the Company’s Chief Financial Officer, effective August 15, 2023. Mr. Campbell will serve as the Company’s principal financial officer in such role. In connection with Mr. Campbell’s appointment, the Company has accepted the resignation of Mr. Steven Willett as Chief Financial Officer. Mr. Willett has served as Chief Financial Officer since February 2022. Mr. Willett’s resignation is not in connection with any disagreement relating to the Company’s operations, policies, or practices.
Mr. Campbell, age 56, will join the Company from Charlie’s Holdings, Inc. where he has served as Controller since 2019. From 2014 to 2019, Mr. Campbell worked as a fractional CFO doing contract work for many different companies across numerous industries and prior to that he was CFO for HR Benefix in Hawaii. Mr. Campbell holds a Bachelor of Finance degree from the University of Western Ontario and a CPA designation in Canada and the USA. Mr. Campbell will receive an annual base salary of $160,000.
There is no arrangement or understanding between Mr. Campbell and any other person pursuant to which Mr. Campbell was selected as the Company’s Chief Financial Officer and there are no family relationships between Mr. Campbell and any of the Company’s directors or executive officers. In addition, there have been no transactions involving Mr. Campbell that would be required to be disclosed by Item 404(a) of Regulation S-K.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Dated: August 24, 2023 | By: | /s/ Cipora Lavut |
| Cipora Lavut | ||
| President |
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