---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-055017"
form_type: "8-K"
ticker: "PDYN"
cik: "0001826681"
company_name: "Palladyne AI Corp."
filed_at: "2023-10-25T23:59:59+00:00"
generated_at: "2026-06-09T11:30:13.202954+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Sarcos appoints Laura Peterson as permanent CEO, Ben Wolff as Executive Vice Chairman

## Summary
- Laura Peterson, interim CEO since May 2023, appointed permanent President and CEO effective Oct 19.
- Ben Wolff, co-founder and former CEO, re-joins executive team as Executive Vice Chairman.
- Peterson has led cost reductions, cash burn reduction, and AI/ML focus; company previously missed product milestones.
- Wolff will evaluate strategic opportunities including for Advanced Technologies Division.
- Both remain on the Board; compensation for Peterson not yet determined by Compensation Committee.

## SEC filing metadata
- accession: 0000950170-23-055017
- form_type: 8-K
- ticker: PDYN
- cik: 0001826681
- company_name: Palladyne AI Corp.
- filed_at: 2023-10-25T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1826681/000095017023055017/0000950170-23-055017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1826681/000095017023055017/strc-20231019.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-055017
- JSON: https://secwatch.observer/filing/0000950170-23-055017.json
- Plain text: https://secwatch.observer/filing/0000950170-23-055017.txt

## Key facts
- Executive change
  Laura J. Peterson was appointed as President and Chief Executive Officer at Palladyne AI Corp..
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: On October 19, 2023, the Board of Directors (the "Board") of Sarcos Technology and Robotics Corporation (the “Company”), appointed Laura J. Peterson, who had been serving as the Company's Interim President and Chief Executive Officer, as permanent President and Chief Executive Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1826681/000095017023055017/0000950170-23-055017-index.htm

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