OFA Group names Eugene Johnston CFO, succeeding Ernest Yeung who resigned
OFA Group said its Chief Financial Officer, Ernest Yeung, resigned effective September 30, 2026, citing personal reasons. The Board appointed Eugene M. Johnston as CFO effective immediately, under a two-year employment agreement with a $150,000 base salary. For shareholders, this is a senior finance leadership change, and the filing contains no financial results.
Key points
- Ernest Yeung resigned as CFO effective September 30, 2026, for personal reasons; the Board accepted on October 1, 2026.
- Eugene M. Johnston appointed CFO effective October 1, 2026; age 62, previously CFO of 1776 Acquisition Corp and Mangoceuticals, Inc.
- CFO Agreement: $150,000 annual base salary, initial term of two years, bonus of 0% to 20% of base salary from fiscal year ending March 31, 2027.
- Initial option grant of 60,000 Class A ordinary shares, with eligibility for up to 50,000 more options annually at the Compensation Committee's discretion.
The filing
Written by AI on Nov 9, 2026, 11:46 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 October 05, 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.