BOXABL names Larry King CFO, replacing Martin Costas; Heather Clayton named CAO
BOXABL concluded the employment of CFO Martin Costas effective September 11, 2026, and appointed Larry King as CFO effective September 14, 2026. The company also said Heather Clayton will become Chief Accounting Officer beginning September 28, 2026. The filing says Costas's departure was not due to any disagreement with the company on operations, policies, or practices.
Key points
- Martin Costas's employment as CFO concluded effective September 11, 2026; the filing states no disagreement with the company was the reason.
- Larry King, 65, a Certified Public Accountant, was appointed CFO and principal financial and accounting officer effective September 14, 2026, with an annual salary of $300,000.
- Heather Clayton will begin as Chief Accounting Officer on September 28, 2026, with an annual salary of $250,000.
- Offer letters for King and Clayton are filed as Exhibits 10.1 and 10.2.
The filing
Written by AI on Nov 9, 2026, 11:44 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 14, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.