UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
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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 December 4, 2023, the Board of Directors (the “Board”) of Gaia, Inc. (the “Company” or “Gaia”) appointed James Colquhoun, age 42, as Chief Executive Officer, effective today. Mr. Colquhoun will be taking over the CEO position from founder Jirka Rysavy. Mr. Colquhoun will report to Mr. Rysavy, in his role as Executive Chairman of Gaia. Mr. Colquhoun has served as Gaia’s Chief Operating Officer since June 2023, as a member of the Board since May 2020 and on the audit committee of the Board from April 2021 to June 2023. In 2014, Mr. Colquhoun founded Food Matters TV (FMTV), a health and wellness subscription video on demand company, and served as FMTV’s Chief Executive Officer until its acquisition by Gaia in June 2019. Mr. Colquhoun’s compensation remains unchanged from that previously disclosed on the Form 8-K filed with the Securities Exchange Commission on June 26, 2023, other than Mr. Colquhoun’s annual salary will increase from $400,000 to $450,000 in connection with his appointment.
A copy of the press release issued by the Company on December 4, 2023, is attached as Exhibit 99.1 hereto.
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Item 9.01. |
Financial Statements and Exhibits. |
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(d) |
Exhibits. |
Exhibit No. |
Description |
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99.1 |
Press Release, dated December 4, 2023. |
104 |
Cover Page Interactive Data File (formatted as inline XBRL). |
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.
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Gaia, Inc. |
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December 4, 2023 |
/s/ Ned Preston |
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Name: |
Ned Preston |
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Title: |
Chief Financial Officer |