Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointments of Principal Officers

On April 26, 2023, Bryan P. Saksa resigned as Chief Financial Officer, Treasurer and Secretary of Avalon Holdings Corporation ("Avalon" or the "Company") and from all director and officer positions of all subsidiaries of the Company. Mr. Saksa's departure is not a result of any disagreement with the Avalon or its Board of Directors relating to the Company's operations, policies or practices or any issues regarding its accounting policies or practices.

On April 26, 2023, Avalon appointed Stefanie Villella, Corporate Controller of Avalon, to serve as interim Chief Financial Officer and Treasurer of Avalon. A search has been initiated to identify a new Chief Financial Officer and Treasurer.

Item 7.01 Regulation FD Disclosure.

On April 28, 2023, the Company issued a press release announcing the departure of Mr. Saksa as described herein. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

The information furnished pursuant to Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1 hereto, shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that Section, and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as may be expressly set forth by specific reference in such filing.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

99.1 Press Release of Avalon Holdings Corporation, dated April 28, 2023.

104 Cover Page Interactive Data File (embedded within the Inline XBRL document).


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