FONAR founder and Chairman Raymond Damadian dies at 86

FONAR CORP

Chairman Raymond V. Damadian, founder of FONAR and inventor of MRI, passed away on August 3, 2022.
Damadian conceived MRI in 1969, built first scanner in 1977, and founded FONAR in 1978.
President and CEO Timothy Damadian (son) states management team will keep FONAR profitable.
No immediate successor to Chairman role announced; Timothy Damadian remains President and CEO.

item 5.02

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Departed

Raymond V. Damadian

Chairman of the Board

FONR · FONAR CORP

Effective: 2022-08-03
Filed: August 11, 2022, 7:59 PM ET

Fonar Corporation and it’s board of directors reported the passing of its Chairman of the Board of Directors, Raymond V. Damadian, on August 3, 2022

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Raymond V. Damadian departed as Chairman of the Board at FONAR CORP.

Action: passed away
Role: Chairman of the Board

Exact text from the filing

Fonar Corporation and it’s board of directors reported the passing of its Chairman of the Board of Directors, Raymond V. Damadian, on August 3, 2022

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FONAR CORP filing history →

Source: SEC EDGAR

accession 0000355019-22-000036

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