---
schema_version: "secwatch.filing_event.v1"
accession: "0000355019-22-000036"
form_type: "8-K"
ticker: "FONR"
cik: "0000355019"
company_name: "FONAR CORP"
filed_at: "2022-08-11T23:59:59+00:00"
generated_at: "2026-06-24T01:10:24.777160+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# FONAR founder and Chairman Raymond Damadian dies at 86

## Summary
- 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.

## SEC filing metadata
- accession: 0000355019-22-000036
- form_type: 8-K
- ticker: FONR
- cik: 0000355019
- company_name: FONAR CORP
- filed_at: 2022-08-11T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/355019/000035501922000036/0000355019-22-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/355019/000035501922000036/fonar_8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000355019-22-000036
- JSON: https://secwatch.observer/filing/0000355019-22-000036.json
- Plain text: https://secwatch.observer/filing/0000355019-22-000036.txt

## Key facts
- Executive change
  Raymond V. Damadian departed as Chairman of the Board at FONAR CORP.
  - Action: passed away
  - Role: Chairman of the Board
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/355019/000035501922000036/0000355019-22-000036-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.