Farmhouse, Inc. has made a significant leadership change by appointing Kevin Asher as its new Chief Financial Officer, effective October 12, 2026. This decision follows the voluntary resignation of Lanny R. Lang from the CFO position, although Lang will continue to serve the company as Senior Director of Financial Reporting. This transition is crucial as it aims to strengthen the company's financial management and reporting processes.
Farmhouse, Inc., incorporated in Nevada, operates within the services sector, specifically focusing on computer programming and data processing (SIC: 7370). The company trades under the ticker symbol FMHS on the OTC Markets. Recent filings include an 8-K on October 16, 2026, detailing these leadership changes, along with a 10-Q on August 20, 2026.
The recent filing reveals that on October 12, 2026, the Board of Directors accepted Lang's resignation as CFO and Chief Accounting Officer. Importantly, Lang's departure was not due to any disagreements regarding the company's operations or financial practices. Instead, he will remain with Farmhouse in a non-officer role, overseeing the financial reporting process and coordinating with external accounting service providers.
In addition to Asher's appointment, the filing outlines compensatory arrangements for both Asher and Lang. Asher will receive a monthly cash service fee of $2,000 through a consulting agreement with Ashstrom, LLC. He will also be granted 170,000 restricted shares of the company's common stock, with a portion vesting immediately and the remainder vesting over the next year.
Lang, in his new role, will continue to play a vital part in the company's financial reporting and governance, which may help ensure a smooth transition during this leadership change. The filing also notes that Lang will receive a similar compensation structure through a consulting agreement with Lang Financial Services, Inc., which includes a restricted stock award.
This leadership transition at Farmhouse, Inc. could influence various stakeholders, including employees, investors, and partners in the computer programming and data processing industry. With Asher's previous experience as CFO and his consulting background, the company may benefit from enhanced financial oversight and strategic direction.
Looking ahead, the company may continue to provide updates on its financial performance and strategic initiatives. The filing does not specify any upcoming votes or additional filings related to these changes, but stakeholders will likely be monitoring the company's progress closely.