Autoscope CEO Andrew Berger resigns, remains exec chair; CFO Hallowell named interim CEO

AUTOSCOPE TECHNOLOGIES CORP

Andrew Berger resigned as President and CEO effective Nov 10, 2022; he remains Executive Chairman of the Board.
Frank Hallowell, current CFO, appointed Interim President and CEO effective Nov 10, 2022; he also continues as CFO and ISNS President.
Hallowell's existing employment agreement unchanged: $300,000 annual salary, up to 25% bonus, and 60,000-share option at $6.87 per share.

item 5.02 item 9.01

Executive movements

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Appointed (interim)

Francis (Frank) G. Hallowell

Interim President and Chief Executive Officer

AATC · AUTOSCOPE TECHNOLOGIES CORP

Effective: 2022-11-10
Filed: November 10, 2022, 6:59 PM ET

Effective on November 10 , 2022, the Board of Directors of Autoscope appointed Francis (Frank) G. Hallowell as Autoscope’s Interim President and Chief Executive Officer.

Departed

Andrew T. Berger

President and Chief Executive Officer

AATC · AUTOSCOPE TECHNOLOGIES CORP

Effective: 2022-11-10
Successor: Francis (Frank) G. Hallowell
Filed: November 10, 2022, 6:59 PM ET

On November 4, 2022, Andrew T. Berger notified the Board of Directors of Autoscope Technologies Corporation ("Autoscope") that he was resigning as the President and Chief Executive Officer of Autoscope and as Chief Executive Officer of Image Sensing Systems, Inc. (“ISNS”), Autoscope’s wholly-owned subsidiary , effective November 10 , 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Francis (Frank) G. Hallowell was appointed as Interim President and Chief Executive Officer at AUTOSCOPE TECHNOLOGIES CORP.

Action: appointed
Role: Interim President and Chief Executive Officer

Exact text from the filing

Effective on November 10 , 2022, the Board of Directors of Autoscope appointed Francis (Frank) G. Hallowell as Autoscope’s Interim President and Chief Executive Officer.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Andrew T. Berger resigned as President and Chief Executive Officer at AUTOSCOPE TECHNOLOGIES CORP.

Action: resigned
Role: President and Chief Executive Officer

Exact text from the filing

On November 4, 2022, Andrew T. Berger notified the Board of Directors of Autoscope Technologies Corporation ("Autoscope") that he was resigning as the President and Chief Executive Officer of Autoscope and as Chief Executive Officer of Image Sensing Systems, Inc. (“ISNS”), Autoscope’s wholly-owned subsidiary , effective November 10 , 2022.

View on SEC.gov

AUTOSCOPE TECHNOLOGIES CORP filing history →

Source: SEC EDGAR

accession 0000897101-22-000965

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