Onar Holding Corporation (OTCID: ONAR) has appointed Kelly Anderson as Interim Chief Financial Officer, effective October 1, 2026. Ms. Anderson, who currently serves as the Chair of the Company’s Audit Committee, will lead the finance function through the company's pursuit of a listing on a national securities exchange, specifically a Nasdaq listing.
The appointment is detailed in a Current Report on Form 8-K filed with the SEC on September 30, 2026. Ms. Anderson will serve under an interim services agreement with CXO Executive Solutions, a firm she founded. The agreement stipulates a monthly compensation of $20,000 in cash and $12,000 in shares of the company’s preferred stock, valued according to the latest valuation report. Additionally, the agreement includes performance-based bonuses: $50,000 contingent upon the completion of the audit related to the acquisition of Advertise Purple, and $100,000 contingent upon the successful uplisting of the company to a national securities exchange.
In connection with the appointment, Ms. Anderson resigned from the Board of Directors and her role as Audit Committee Chair. The Board has appointed Howard D. Palefsky, a current director, to assume the role of Audit Committee Chair. Mr. Palefsky has served as a director since June 2025 and previously served as Chairman, President, and CEO of Collagen Corporation.
The company stated that Ms. Anderson’s mandate includes uplist readiness, public-company reporting at the combined company’s new scale, and the financial integration of Advertise Purple. The appointment follows the completion of the acquisition of Advertise Purple, the largest acquisition in the company's history, and the initial closing of up to $15 million in financing.
