Filing Analysis
Officer Departure
Filed May 01, 2026
MEDIUM
Michael E. Fortin has resigned as Chief Financial Officer of Natural Alternatives International, Inc., effective May 15, 2026. The company's President, Kenneth E. Wolf, who previously served as CFO, will take over as the interim Principal Financial and Accounting Officer.
Red Flags
- Loss of a key executive officer (CFO).
Key Facts
- Michael E. Fortin submitted his resignation as CFO on April 28, 2026.
- The resignation is effective May 15, 2026.
- Mr. Fortin is leaving to become CFO at another company for professional growth.
- President Kenneth E. Wolf will serve as interim Principal Financial and Accounting Officer.
- Kenneth E. Wolf was formerly the Company's Chief Financial Officer.
Other SEC Filing
Filed Mar 20, 2026
LOW
Natural Alternatives International (NAII) restructured CEO Mark A. LeDoux's employment agreement to support his dual role as Managing Director of the company's Swiss subsidiary. Effective May 1, 2026, his compensation will be split between the U.S. parent and the Swiss entity, with a requirement to spend at least 50% of his time in Switzerland.
Key Facts
- CEO Mark A. LeDoux's U.S. base salary will be reduced from $475,000 to $255,000 per year effective May 1, 2026.
- LeDoux will concurrently serve as Managing Director of the Swiss subsidiary, Natural Alternatives International Europe (NAIE), with a base salary of 170,000 CHF.
- Total compensation is intended to remain approximately the same, subject to USD/CHF currency fluctuations.
- The CEO has committed to spending at least 50% of his time in Switzerland to expand worldwide revenue and Swiss operational capabilities.
- LeDoux will continue to serve as Chairperson of the Board for both the parent company and the Swiss subsidiary.
Disclaimer: This analysis is generated by AI and is for informational purposes only.
It does not constitute financial advice, investment recommendations, or an offer to buy or sell securities.
Always review the original SEC filings and consult a financial advisor before making investment decisions.