Sarcos appoints Benjamin G. Wolff as President and CEO; Laura Peterson becomes Executive Vice Chairman

Palladyne AI Corp.

Benjamin G. Wolff appointed President and CEO effective Feb 23, 2024; previously Executive Vice Chairman.
Laura Peterson resigns as CEO, appointed Executive Vice Chairman effective Feb 23, 2024; remains on Board.
Directors Peter Klein and Priya Balasubramaniam resigned Jan 19, 2024; not due to any disagreement.
Wolff receives $240K base salary, 625,000 restricted stock award vesting on first anniversary or change of control.
Peterson receives $225K base salary, $100K in RSUs vesting Feb 23, 2025.

item 5.02 item 9.01

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Appointed

Benjamin G. Wolff

President and Chief Executive Officer

PDYN · Palladyne AI Corp.

Effective: 2024-02-23
Filed: January 19, 2024, 6:59 PM ET

appointed Benjamin G. Wolff as President and Chief Executive Officer of the Company, effective February 23, 2024

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Benjamin G. Wolff was appointed as President and Chief Executive Officer at Palladyne AI Corp..

Action: appointed
Role: President and Chief Executive Officer

Exact text from the filing

appointed Benjamin G. Wolff as President and Chief Executive Officer of the Company, effective February 23, 2024

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Palladyne AI Corp. filing history →

Source: SEC EDGAR

accession 0000950170-24-005812

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