---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-053582"
form_type: "8-K"
ticker: null
cik: "0001431959"
company_name: "META MATERIALS INC."
filed_at: "2023-10-16T23:59:59+00:00"
generated_at: "2026-06-09T23:11:33.921070+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Meta Materials ousts CEO Palikaras, names Jim Fusaro as CEO; RSU grant of 2% of shares

## Summary
- Board removed George Palikaras as President and CEO effective Oct 10, 2023.
- Appointed Jim Fusaro as CEO and director; Fusaro previously CEO of Array Technologies.
- Fusaro receives $500k base salary, target bonus of 100% of base, prorated for 2023.
- Fusaro granted RSUs representing 2% of outstanding common stock, vesting 25% annually over 4 years.

## SEC filing metadata
- accession: 0000950170-23-053582
- form_type: 8-K
- cik: 0001431959
- company_name: META MATERIALS INC.
- filed_at: 2023-10-16T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1431959/000095017023053582/0000950170-23-053582-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1431959/000095017023053582/mmat-20231010.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-053582
- JSON: https://secwatch.observer/filing/0000950170-23-053582.json
- Plain text: https://secwatch.observer/filing/0000950170-23-053582.txt

## Key facts
- Executive change
  George Palikaras was removed as President and Chief Executive Officer at META MATERIALS INC..
  - Action: removed
  - Role: President and Chief Executive Officer
  source text: On October 10, 2023, the Board of Directors (the “Board”) of Meta Materials Inc. (also referred to herein as the “Company”, “we”, “us”, or “our”) removed George Palikaras as President and Chief Executive Officer (“CEO”) of the Company, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1431959/000095017023053582/0000950170-23-053582-index.htm
- Executive change
  Jim Fusaro was appointed as Director at META MATERIALS INC..
  - Action: appointed
  - Role: Director
  source text: appointed Mr. Fusaro as member of the Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/1431959/000095017023053582/0000950170-23-053582-index.htm
- Executive change
  Jim Fusaro was appointed as Chief Executive Officer at META MATERIALS INC..
  - Action: appointed
  - Role: Chief Executive Officer
  source text: the Board appointed Jim Fusaro as the new CEO of the Company, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1431959/000095017023053582/0000950170-23-053582-index.htm

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