Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On January 26, 2023, The Eastern Company (the "Company") announced that, on January 22, 2023, Peter O'Hara notified the Company of his resignation from his office as Vice President and Chief Financial Officer of the Company, effective as of the close of business on February 3, 2023, to pursue other opportunities.

On January 26, 2023, the Company announced that Nicholas Vlahos, age 41, has been appointed as Vice President and Chief Financial Officer of the Company effective as of the close of business on February 3, 2023. Mr. Vlahos will serve as the principal accounting officer and the principal financial officer of the Company. Mr. Vlahos joined the Company in 2017 as Treasurer and, since 2022, has served as Vice President of Finance, Treasurer and Secretary. Prior to joining the Company, Mr. Vlahos served as Director of Finance, Accounting and Human Resources at Fischer Technology, Inc. Compensation arrangements with respect to Mr. Vlahos' promotion to Chief Financial Officer have not yet been determined. When determined, the Company will promptly amend this Current Report on Form 8-K to provide the compensation information required by this item.

There are no arrangements or understanding between Mr. Vlahos and any other persons pursuant to which he was selected as an officer. Mr. Vlahos has no family relationships with any of the Company's directors or executive officers and has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.

Item 7.01. Regulation FD Disclosure.

On January 26, 2023, the Company issued a press release announcing the resignation of Mr. O'Hara and the appointment of Mr. Vlahos as Vice President and Chief Financial Officer of the Company. A copy of the press release is furnished herewith as Exhibit 99.1.

Item 9.01. Financial Statements and Exhibits.





(d) Exhibits





Exhibit No.   Title

99.1          Press Release dated January 26, 2023.

104           Cover Page Interactive Data File (cover page XBRL tags are embedded
              within the Inline XBRL document)





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