Sarcos co-founder Ben Wolff steps down as Executive Chairman; Dennis Weibling elected Chairman

Palladyne AI Corp.

Ben Wolff resigns as Executive Chairman effective Feb 1, 2023; remains on Board as non-employee director and chair of strategic transaction committee.
Dennis Weibling, Lead Independent Director since 2021, elected non-executive Chairman effective Feb 1, 2023.
Transition follows planned CEO succession; Kiva Allgood became CEO in December 2021.
Weibling has served on Sarcos Board since 2015; also serves on boards of Sotheby's and other companies.

item 5.02 item 9.01

Executive movements

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Appointed

Dennis Weibling

Chairman of the Board

PDYN · Palladyne AI Corp.

Effective: 2023-02-01
Filed: January 13, 2023, 6:59 PM ET

On January 12, 2023, the Board appointed Dennis Weibling to serve as Chairman of the Board, effective upon the Effective Date.

Role change

Benjamin G. Wolff

Executive Chairman

PDYN · Palladyne AI Corp.

Effective: 2023-02-01
Successor: Dennis Weibling
Filed: January 13, 2023, 6:59 PM ET

On January 11, 2023, Benjamin G. Wolff resigned from his employment as Executive Chairman of the Board of Directors (the "Board") of Sarcos Technology and Robotics Corporation (the "Company"), effective February 1, 2023 (the "Effective Date").

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Dennis Weibling was appointed as Chairman of the Board at Palladyne AI Corp..

Action: appointed
Role: Chairman of the Board

Exact text from the filing

On January 12, 2023, the Board appointed Dennis Weibling to serve as Chairman of the Board, effective upon the Effective Date.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Benjamin G. Wolff resigned as Executive Chairman at Palladyne AI Corp..

Action: resigned
Role: Executive Chairman

Exact text from the filing

On January 11, 2023, Benjamin G. Wolff resigned from his employment as Executive Chairman of the Board of Directors (the "Board") of Sarcos Technology and Robotics Corporation (the "Company"), effective February 1, 2023 (the "Effective Date").

View on SEC.gov

Palladyne AI Corp. filing history →

Source: SEC EDGAR

accession 0000950170-23-000756

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