Sadot Group Inc. announced a leadership transition effective September 15, 2026. Michael D. Murray has been appointed as the new Chief Executive Officer and Chief Financial Officer, succeeding Chagay Ravid. Mr. Ravid has transitioned to the newly created role of Executive Director and will continue to serve as a member of the Board of Directors. The company stated the transition was by mutual agreement and did not result from any disagreement on operations, policies, or practices.
Key Details
- New CEO Appointment: Michael D. Murray was appointed CEO and CFO, effective September 15, 2026.
- New CEO Compensation: Mr. Murray's employment agreement includes a $200,000 annual base salary, a restricted stock award valued at $100,000, and eligibility for an annual performance bonus.
- Former CEO Transition: Chagay Ravid ceased his roles as CEO and Interim CFO and was appointed Executive Director. His compensation and benefits, including a $200,000 base salary, remain unchanged.
- Severance Terms: Mr. Murray is entitled to severance equal to 12 months of his base salary if terminated by the company without cause or if he resigns for good reason.