---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-000329"
form_type: "8-K"
ticker: "ARAY"
cik: "0001138723"
company_name: "ACCURAY INC"
filed_at: "2023-01-06T23:59:59+00:00"
generated_at: "2026-06-20T18:36:24.831648+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Accuray signs consulting agreement with departing CAO Palomba; new exec employment contracts

## Summary
- Former CAO Franco Palomba departed Jan 3, 2023; consulting agreement at $375/hr through Mar 10, 2023.
- New 3-year employment agreements for CEO Winter, CFO Pervaiz, GC Chew, and Global Ops VP Hoge effective Jan 1, 2023.
- CEO salary $650k, target bonus 100%; CFO $427.5k/70%; GC $457.6k/60%; Ops $400.4k/60%.
- Severance: non-CIC 12 months base; CIC 24 months base + 200% target bonus + full equity vesting.

## SEC filing metadata
- accession: 0000950170-23-000329
- form_type: 8-K
- ticker: ARAY
- cik: 0001138723
- company_name: ACCURAY INC
- filed_at: 2023-01-06T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1138723/000095017023000329/0000950170-23-000329-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1138723/000095017023000329/aray-20230101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-000329
- JSON: https://secwatch.observer/filing/0000950170-23-000329.json
- Plain text: https://secwatch.observer/filing/0000950170-23-000329.txt

## Key facts
- Executive change
  Franco Palomba departed as Chief Accounting Officer at ACCURAY INC.
  - Action: departed
  - Role: Chief Accounting Officer
  source text: On January 5, 2023, Accuray Incorporated (the “Company”) entered into a consulting agreement with Franco Palomba, the Company’s former Chief Accounting Officer and principal accounting officer, in order to facilitate an orderly transition in connection with Mr. Palomba’s departure from the Company on January 3, 2023 (the “Palomba Consulting Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1138723/000095017023000329/0000950170-23-000329-index.htm

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