Company: HFFG
Filing Date: 2025-10-16
Form Type: 8-K
Source: 0001680873-25-000065
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Company: HF Foods Group Inc.
Filing Date: 2025-10-16
Form: 8-K
Item: Item 5.02
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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

Appointment of Paul McGarry as Interim Chief Financial Officer

On October 13, 2025, the Board of Directors (the "Board") of HF Foods Group Inc. (the “ Company”) appointed Paul McGarry as Interim Chief Financial Officer (principal financial and accounting officer) of the Company, effective October 15, 2025. Mr. McGarry has served as the Company's Vice President, Corporate Controller since February 2025.

Effective October 15, 2025, Cindy Yao, separated from the Company as the Chief Financial Officer of the Company. Ms. Yao's separation will be treated as a termination without cause for purposes of her offer letter with the Company. Ms. Yao's termination is not the result of any disagreements concerning financial disclosures or accounting matters.

Mr. McGarry, 58, is a senior finance executive with deep experience in public-company corporate governance, enterprise finance, capital markets, and operational transformation. Prior to joining the Company, Mr. McGarry served as Corporate Financial Controller at American Battery Technology Company (July 2024 - February 2025), where he oversaw financial operations and strengthened the internal-control environment. From 2023 to 2024, he served as a financial executive consultant to Alimera Sciences, Inc., providing forecasting, financial reporting, and internal-control advisory services. Earlier, Mr. McGarry was Senior Vice President, Finance and Chief Accounting Officer at Rockwell Medical, Inc. (2019 - 2023); Corporate Financial Controller at Alyvant, Inc. (2018 - 2019); and Corporate Financial Controller at Champions Oncology, Inc. (2011 - 2018). He began his career at Deloitte & Touche LLP, where he served as an Audit Manager in Assurance and Advisory Services. Mr. McGarry received his B. S. in Accounting from The Pennsylvania State University and is a Certified Public Accountant.

In connection with his appointment as Interim Chief Financial Officer, the Company entered into an amendment to the Offer Letter (defined below). Pursuant to such amendment, Mr. McGarry is receiving an additional, monthly payment of $10,000, effective October 15, 2025, and a $50,000 bonus payment upon the timely filing of the Company's Annual Report on Form 10-K for the fiscal year ended December 31,