Robert Bedwell
About Robert Bedwell
Robert Bedwell, age 66, is Chief Compliance Officer of NextPlat Corp and has served in this role since November 7, 2022, bringing more than 42 years of audit, accounting, financial reporting, and compliance experience, including prior leadership at national and regional public accounting firms. He holds a bachelor’s degree in Accounting and Finance from Upsala College and a Master’s in Accounting from Florida Atlantic University and is a Certified Public Accountant. At NextPlat, Bedwell co-leads oversight of cybersecurity strategy, policy, standards, and processes alongside the CFO—reflecting his risk governance remit. Company performance context during his tenure includes TSR values of $38.32 in 2023 and $15.92 in 2024 and reported net losses of (12,407) in 2023 and (23,125) in 2024; the company also reported Q3 2025 revenue of $13.8M.
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Progressive Care, Inc. | Director of Administrative Services | Oct 2020–present | Worked on contractual, legal, and compliance matters, expanding operational compliance capabilities. |
| Progressive Care, Inc. | Controller | Jan 2017–Sep 2020 | Led financial controls and reporting processes. |
| National/Regional Public Accounting Firms | Audit Partner/Director | 2011–2016 | Directed audit engagements; deep audit and financial reporting expertise. |
External Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Surgent Professional Education | National Speaker & Instructor | Not disclosed | Professional education and thought leadership in accounting/audit topics. |
| Florida Institute of CPAs (FICPA) | National Speaker & Instructor | Not disclosed | Professional development and industry training. |
| American Institute of CPAs (AICPA) | National Speaker & Instructor | Not disclosed | National-level instruction on accounting/audit topics. |
Company Performance Context
| Metric | 2023 | 2024 |
|---|---|---|
| TSR ($ value of $100 initial investment) | $38.32 | $15.92 |
| Net Income (Loss) | (12,407) | (23,125) |
- NextPlat reported Q3 2025 revenue of $13.8M as restructuring and cost-cutting efforts improved late-quarter performance.
Equity Ownership & Alignment
- Beneficial ownership tables list directors, NEOs, and >5% holders; Bedwell is not individually listed, and no specific beneficial ownership disclosure for him appears in the 2025 proxy. This limits visibility into his vested vs unvested equity, options, or pledging status.
- Plan eligibility: All employees, directors, and consultants are eligible to receive awards under the Amended & Restated 2020 Equity Incentive Plan and the 2021 Incentive Award Plan; however, no award details specific to Bedwell are disclosed.
Employment Terms
- No individual employment agreement, fixed compensation (base, bonus), performance metrics, vesting schedules, severance, or change-of-control terms are disclosed specifically for Bedwell in the 2025 proxy; the Summary Compensation Table covers the CEO, CFO, President/Global Ops, and the former Chief Business Development Strategist, not the Chief Compliance Officer.
- Clawback policy: The company has adopted a policy compliant with Exchange Act Rule 10D-1 and Nasdaq standards, applying to current and former executive officers and covering recovery of incentive-based compensation upon required restatements.
- Insider Trading Policy: The company mandates pre-clearance procedures for specified employees with regular access to MNPI and prohibits trading while in possession of MNPI.
- Cybersecurity oversight: Bedwell (CCO) and the CFO lead oversight of company-wide cybersecurity strategy and risk mitigation, supported by third-party IT consultants.
Investment Implications
- Compensation alignment and selling pressure: Absence of disclosed equity awards or ownership for Bedwell suggests limited near-term insider selling signals attributable to him; no pledging or hedging practices are disclosed for Bedwell individually.
- Retention and change-in-control risk: With no disclosed employment agreement, severance, or change-in-control benefits specific to Bedwell, retention economics for the CCO are opaque; however, the company-wide clawback and insider trading controls strengthen governance.
- Execution risk: Bedwell’s co-lead role over cybersecurity governance with the CFO adds operational risk management depth during a period of company restructuring; continued emphasis on compliance may support stabilization as performance initiatives aim to improve results into 2026.